Tata Motors seeks Sebi approval to sell engineering unit stake in IPO
Tata Technologies Ltd. has sought approval from India’s markets regulator for an initial public offering in which its parent carmaker Tata Motors Ltd. and other investors will sell as many as 95.7 million shares. The initial sale in the engineering unit of luxury carmaker Jaguar Land Rover’s owner will comprise a 23.6% stake, according to … Read more