Tata Sons to acquire 43.3% stake in Tejas Networks for ₹1,850 crore
The Hindu
Tata Sons subsidiary Panatone Finvest Ltd. has signed a definitive agreement to acquire a 43.3% stake in Bengaluru-based telecom equipment firm, Tejas Networks, for ₹1,850 crore. Tejas Networks design
Tata Sons subsidiary Panatone Finvest Ltd. has signed a definitive agreement to acquire a 43.3% stake in Bengaluru-based telecom equipment firm, Tejas Networks, for ₹1,850 crore. Tejas Networks designs develops and sells networking products to telecommunications service providers, internet service providers, utilities, defence and government entities. The company would utilise the proceeds raised from the preferential allotment to invest organically and inorganically in the research and development, sales and marketing, people, infrastructure and to enhance its manufacturing and operational capabilities, according to a regulatory filing on Thursday.
India imposes a three-year tariff on steel imports from China, Vietnam, and Nepal to protect its domestic industry.
SoftBank Group has completed its $40 billion investment in OpenAI, CNBC reported on Tuesday, citing people familiar with the matter.
Delivery partners and workers with quick commerce platforms such as Swiggy, Zepto, Blinkit, Zomato, Amazon, and Flipkart are planning a nationwide strike on December 31
India has become the world's fourth largest economy, surpassing Japan, with a projected GDP of $7.3 trillion by 2030.
Guidelines for the Export Promotion Mission, approved in November 2025, are expected to be released this week.
Sensex and Nifty close lower amid thin trading and foreign fund outflows, with major laggards including Infosys and Titan.
The U.S. government has granted an annual licence to Samsung Electronics and SK Hynix to bring in chip manufacturing equipment to their facilities in China for 2026, two people familiar with the matter said
Ola Electric's Roadster X+ bike receives government certification, marking a milestone in India's electric vehicle technology with an in-house 4680 battery.
Sensex and Nifty fall in early trade due to foreign fund outflows, while Bharti Airtel and Reliance Industries gain.
The rupee rises 3 paise to 89.95 against the U.S. dollar, influenced by weaker dollar and strong IIP data.
Nvidia has purchased Intel shares worth $5 billion, the American semiconductor firm said in a filing on Monday
SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4 billion
Meta said on Monday it would acquire Chinese artificial intelligence startup Manus, as the technology giant accelerates efforts to integrate advanced AI across its platforms.