Today’s news roundup: Tata Group

Tata’s fluctuating M&A fortunes: What Tata Steel Europe can learn from JLR – Time is a fickle mistress in the world of mergers and acquisitions, and two multi-billion-dollar buyouts in the boom times by the Tata group illustrate this best. The Economic Times

Tata Motors raises Rs.1,525 crore – Tata Motors said it had raised Singapore $350 million (about Rs.1,525 crore) through the issue of securities in Singapore, mainly for redemption of preference shares. The Hindu

Tata Sons cancels divestment in TTML – Tata Teleservices (Maharashtra) Ltd on Friday said its promoter Tata Sons has cancelled the offer to divest 2.72 per cent stake in the company that was aimed at meeting the minimum public shareholding norms. Deccan Herald

Tata ‘Nano Drive with MTV’ is back – After the incredible success of the first season, Tata Nano and MTV are back with the second season of ‘Nano Drive with MTV’, India’s first social road trip. This ultimate Social Road Trip is where the digital world meets the real world to create a unique driving experience. CarDekho

Filed under: Business, Jaguar Land Rover, MTV, Tata Group, Tata Motors, Tata Nano, Tata Sons, Tata Steel, Tata Teleservices

Next generation XBOX might have PC like architecture

Microsoft’s next generation gaming console which might be annonuced on Tuesday will have PC like architecture, reports say.


Unless you’ve been living under a rock for the past few weeks, you should already be aware of the fact that both Sony and Microsoft are working on launching their next-gen consoles sometime by the end of the year. The PlayStation 4 has been officially “unveiled” (not all the details have been announced though), but [...]

Read more at: www.gforgames.com