Source: Apple expands its Tata partnership in India, giving Tata the iPhone and MacBook after-sales repair business from an Indian unit of Taiwan-based Wistron
Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market …
India approves setting up three chipmaking units worth $15.2B from companies including India's Tata Group and Japan's Renesas
Shivam Patel / Reuters :
Sources: Indian government is evaluating $21B of chip proposals, including a $9B from Tower Semiconductor and an $8B from Tata Group for new plants in Gujarat
Sankalp Phartiyal / Bloomberg :
Filing: Tata Group acquires the India unit of Apple manufacturer Wistron for $125M; an Indian IT minister says Tata will make iPhones for the global market
Tata Group will start making iPhones in India for the local and global markets, India's Deputy IT Minister Rajeev Chandrasekhar said on Friday …
Sources: Tata Group is close to an agreement to acquire Wistron's iPhone plant near Bengaluru as soon as August 2023; the deal is potentially valued at $600M+
Sankalp Phartiyal / Bloomberg :
Wistron plans to sell its iPhone assembly unit near Bengaluru to Tata Group and exit India due to its inability to get deeper into Apple's supply chain and more
The contract maker's inability to get deeper into Apple's supply chain, sale of China factory and challenges posed by local employment norms spurred its decision to leave.
Indian conglomerate Tata Group rolls out Tata Neu, a “super app” combining at least seven services associated with Tata, competing with Jio Platforms and Amazon
The 154-year-old Indian giant, valued at $103 billion, operates 29 listed companies across nearly a dozen sectors including retail, travel to automobiles
Indian conglomerate Tata Group buys a majority stake in e-grocer Bigbasket; previous reports suggest that the deal is worth $1.31B for a stake of up to 64.2%
or $500M, considering that they raised $280M and $200M in between from Alibaba. https://twitter.com/... https://twitter.com/...
Indian conglomerate Tata Group buys a majority stake in e-grocer Bigbasket; previous reports suggest that the deal is worth $1.31B for a stake of up to 64.2%
Tata Sons (TATAS.UL) has acquired a majority stake in Alibaba-backed (9988.HK) online grocery seller BigBasket, a unit of the Indian conglomerate said on Friday.
Sources: Indian conglomerate Tata Group is buying a 68% stake in online grocery delivery service BigBasket for ~$1.3B, valuing the startup at ~$1.85B
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