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| Name | Tata Motors Finance & Tata Capital To Merge: Tata Motors Stock Up 3% | Stock Market |
| Video Uploader | Video From ET NOW |
| Upload Date | This Video Uploaded At 05-06-2024 11:30:05 |
| Video Discription | Tata Motors has announced the amalgamation of its subsidiary, Tata Motors Finance, with Tata Capital. The board has approved this merger through an NCLT scheme of arrangement. As part of the merger, Tata Capital will issue shares to the shareholders of Tata Motors Finance. Post-merger, Tata Motors will hold a 4.7% stake in the combined entity. In FY24, Tata Capital and Tata Motors Finance reported a PAT (Profit After Tax) of Rs 3,150 crore and Rs 52 crore, respectively. #tatamotors #tatacapital #stockmarket #etnow #etnownews Subscribe To ET Now For Latest Updates On Stocks, share market, business News, Trading, Crypto Updates | https://bit.ly/SubscribeToETNow To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com Subscribe Now To Our Network Channels:- Times Now: https://bit.ly/SubscribeToTimesNow Mirror Now: https://bit.ly/SubscribeToMirrorNow |
| Category | News & Politics |
| Tags | tata motors | tata motors stock price | tata motors finance merger | tata motors finance merges with tata capital | tata capital | tata motors share price | tata motors share news | economic times | et now | et now news | business news | business news today | latest business news | top news | share market news | share market today | stock market | stock market live | tata group | ratan tata |
