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Tata Investment Corporation Ltd (TINV.NS)

TINV.NS on National Stock Exchange of India

834.65INR
4:53am GMT
Change (% chg)

Rs4.40 (+0.53%)
Prev Close
Rs830.25
Open
Rs832.00
Day's High
Rs838.00
Day's Low
Rs831.10
Volume
3,974
Avg. Vol
57,230
52-wk High
Rs952.80
52-wk Low
Rs542.10

Latest Key Developments (Source: Significant Developments)

India's Tata Investment Corp Sept-qtr PAT falls
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Tata Investment Corporation Ltd :Sept quarter PAT 1.16 billion rupees versus profit of 1.30 billion rupees year ago.Sept quarter total income 1.44 billion rupees versus 1.56 billion rupees year ago.  Full Article

Arcelik to set up JV with Voltas for production and sale of home appliances in India
Tuesday, 23 May 2017 

May 23 (Reuters) - ARCELIK AS ::A JOINT VENTURE AGREEMENT HAS BEEN SIGNED BETWEEN WHOLLY-OWNED SUBSIDIARY ARDUTCH BV, PARENT COMPANY KOÇ HOLDING AND; VOLTAS LIMITED AND TATA INVESTMENT CORPORATION LIMITED, TATA GROUP COMPANIES BASED IN INDIA,.THE COMPANY WILL BE GOVERNED AS PER JOINT MANAGEMENT PRINCIPLES AND SHAREHOLDING RATIOS WILL BE AS ARDUTCH B.V. 49%, KOÇ HOLDING 1%, VOLTAS LIMITED 49%, TATA INVESTMENT CORPORATION LIMITED (TICL) 1%.THE JOINT VENTURE WILL BE ESTABLISHED WITH AN INITIAL CAPITAL OF C. USD 1,500.AFTER THE CLOSING DATE, A CAPITAL INCREASE OF USD 100 MILLION, MINIMUM INVESTMENT AMOUNT, IS PLANNED TO BE MADE TAKING INTO CONSIDERATION THE COMPANY'S BUSINESS PLAN AND CASH FLOW REQUIREMENTS.THE JV COMPANY TO ENGAGE IN THE PRODUCTION AND SALES OF REFRIGERATORS, IN ADDITION TO THE SALES OF WASHING MACHINES, DISHWASHERS, DRYERS, MICROWAVES AND OTHER WHITE GOODS.WITHIN THE SCOPE OF THE JOINT VENTURE AGREEMENT THE PRODUCTS WILL BE UNDER VOLTAS-BEKO BRAND.  Full Article

BRIEF-India's Tata Investment Corp Sept-qtr PAT falls

* Sept quarter PAT 1.16 billion rupees versus profit of 1.30 billion rupees year ago

No consensus analysis data available.