Home FEATURED NEWS India’s Tata Motors in talks to promote minority stake in EV enterprise – Report

India’s Tata Motors in talks to promote minority stake in EV enterprise – Report

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BENGALURU, Feb 23 (Reuters) – Indian carmaker, Tata Motors (TAMO.NS) has begun discussions with soverign wealth funds and personal fairness traders to promote a big minority stake within the firm’s electrical automobile division, Economic Times newspaper reported on Thursday, citing sources.

Tata Motors didn’t instantly reply to Reuters’ request for remark.

Reporting by Nishit Navin in Bengaluru; Editing by Janane Venkatraman

Our Standards: The Thomson Reuters Trust Principles.

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