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TATA WISTRON DEAL
Tata Electronics acquires 60% stake in Pegatron TechnologyThis comes as Tata Electronics is trying to move beyond supplying only to Apple. ET reported that the company is in talks with Xiaomi and O...- Tata Electronics gets CCI's clearance to acquire majority stake in Pegatron IndiaThe Competition Commission of India approved Tata Electronics' acquisition of a majority stake in Pegatron Technology India. Tata Electroni...
- MCA slashes penalty on iPhone maker WistronWistron Infocomm Manufacturing (India) and key personnel received a 72% penalty reduction from the corporate affairs ministry for failing t...
- Tata Electronics seals deal for 60% stake in Pegatron Tamil Nadu iPhone plant"Apple's contract manufacturers currently have a monthly capacity of around 40 million iPhones, out of which 30-35 million units are made e...
- Vivo shutters plans to offload majority stake to Tata on Apple roadblockVivo's ambitions to sell a 51% stake in its Indian operations to the Tata group were thwarted after objections from Apple, Tata's partner i...
- Tata Group in talks to acquire majority stake in Pegatron's Chennai iPhone factoryPegatron in talks to sell Chennai iPhone unit to Tata. A person in the know said the transaction amount is set to be lower than that for th...
- CCI approves stake buy in Religare Enterprises by Burman family companiesThe Competition Commission of India (CCI) has approved the proposals for stake acquisitions in Religare Enterprises (REL) by four entities ...
- CCI greenlights Tata Electronics' acquisition of iPhone supplier Wistron InfocommThis proposed deal involves the acquisition of 100 per cent equity share capital of Wistron Infocomm Manufacturing (India) Private Limited ...
- For workers at this iPhone plant, Tata means a fresh startAt the Narasapura facility, the recent takeover brings in hopes of better facilities, and a permanent position with Brand Tata.
- Apple looks to hit ₹1 lakh crore production milestone in FY24Apple is gearing up to cater to the festive demand in the US and the West starting this month, but due to global headwinds, consumption, in...
- Tata-Wistron deal complete; InCred to join unicorn club with new fundingIndia’s salt-to-software conglomerate Tata Group will now make iPhones after it completed its acquisition of Wistron on Wednesday. This and...
- Tata Electronics acquires 100% stake in Wistron IndiaThe Tata Group has signed an agreement with SMS InfoComm (Singapore) and Wistron Hong Kong Limited to acquire full stake (100 per cent) equ...
- Hello Tata, goodbye Wistron: The anatomy of a $750 million takeover dealThe Wistron purchase is expected to spur the next cycle of investments in the Indian electronics manufacturing ecosystem and signals the ma...
- Tata and Vedanta offer India lessons in industrial policyBusiness diversification and revitalization is the right direction for Indian business. But industrial policy needs to be based on what mak...
- Tatas line up over Rs 7,600 crore to fund electronics businessTata Electronics received over Rs 608 crore capital infusion in 2022-23 from its holding company Tata Sons - the highest in a single financ...
- Tatas line up over Rs 7,600 crore to fund its electronics businessTata Electronics has raised more than ₹7,600 crore through a combination of capital infusion and secured loans, according to filings with t...
- Wistron exits Apple India business after tripping over scale, work cultureThe contract maker’s inability to get deeper into Apple’s supply chain, sale of China factory and challenges posed by local employment norm...
- Tata eyes Apple vendor Wistron's facility in KarnatakaInitial plan of JV is now moving toward a Rs 4000 cr - Rs 5000 crore deal for the facility. The transaction, if successful, will help the s...
- Tata nears iPhone plant takeover to grow Apple supply roleThe airline-to-software conglomerate has been in talks with the factory’s owner, Taiwan’s Wistron Corp., for months, and is looking to comp...
- Tata Group in talks to join an elite club of iPhone makersAn Indian company making iPhones would be a massive boost for the country’s effort to challenge China, whose dominance in electronics manuf...
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