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WISTRON ACQUISITION
Tata Electronics aims to be $30 billion business with fab play: CEO & MD Randhir ThakurTata Electronics is rapidly expanding its semiconductor and electronics manufacturing operations. The company has achieved significant reve...- Tata Group company acquires India unit from Chinese iPhone supplier Justech: CNBC reportTata Group Justech India acquisition: This $100 million acquisition aims to bolster Tata's iPhone production capacity, aligning with a sign...
- Tata Electronics acquires 60 pc stake in Pegatron Technology IndiaTata Electronics has acquired a 60% stake in Pegatron Technology India, bolstering its presence in the Indian electronics manufacturing sec...
- 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...
- A bite of Apple brings 9X gains to Tata Electronics' revenue muscleIn the first full year of operations, Tata Electronics saw a ninefold increase in sales, driven by the acquisition of Wistron's iPhone asse...
- MCA penalises Zerodha, Apple supplier Wistron for company law breachZerodha filed a suo-moto application on January 9, addressing the non-appointment of a CFO between December 20, 2021, and March 23, 2023. T...
- Budget 2024: Jobs sops unlikely to help electronics manufacturers, smartphone assemblers unless they hire on their ownFor job creation in the manufacturing sector, the budget proposes incentives to both employees and employers in the first four years. But t...
- 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 ...
- Tatas complete acquisition of Wistron's manufacturing facility in KarnatakaThe Tata group has completed the acquisition of Taiwan's Wistron's manufacturing facility in Karnataka. Taiwan's Wistron joined native riva...
- 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...
- Mobile makers to hire 60,000 in 6 to 12 months: Staffing companiesAbout 60,000 direct jobs are expected to arise in the Indian mobile phone manufacturing sector within the next year due to demand from lead...
- 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...
- 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...
- Optiemus buys out Wistron stake in manufacturing JV“Optiemus Infracom Limited, leading telecommunications enterprise today announced the completion of the acquisition of 27,60,000 Equity sha...
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