Page 20 - Tata Electronics News Today

Tata Electronics is involved in the manufacture of smartphone enclosures, which happens to be a high precision component for smartphones.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

JSW Ventures Singapore Pte Ltd has secured the CCI's approval for the acquisition of up to approximately 38% of the share capital of MG Motor India Private Ltd.

The Competition Commission of India on Wednesday approved the 100 per cen acquisition of Wistron Infocomm Manufacturing (India) Private Limited by Tata Sons' greenfield venture, the Tata Electronics Private Limited. Tata Electronics is involved in the manufacture of

In a strategic move that echoes innovation and foresight, the Tata Group has received the coveted approval from the Competition Commission of India to acquire Wistron Infocomm Manufacturing (India) Pvt., the local subsidiary of Taiwanese tech giant Wistron Corp.

This proposed deal involves the acquisition of 100 per cent equity share capital of Wistron Infocomm Manufacturing (India) Private Limited by Tata Electronics Private Limited. The equity shares will be acquired from SMS Infocomm (Singapore) Private Limited and Wistron Hong Kong Limited.

The Competition Commission of India (CCI) has approved the proposals for stake acquisitions in Religare Enterprises (REL) by four entities controlled by the Burman family members. These entities aim to acquire a majority shareholding of up to 53.94% in REL and collectively exercise joint control over the company.

Previously, Srinivas Satya was the former president and managing director of Applied Materials India for eight years. Tata Electronics said he brings extensive experience in managing large organizations and delivering strong business growth in the electronics industry.

Applied Materials confirmed Satyas exit and said Satheesh Kuppurao, Vice President of Business Development and Growth, will serve as the Country President on an interim basis.

Applied Materials departed with Satya on a positive note. The company expressed gratitude for his over 28 years of contribution, wishing him great luck in future endeavours, , Tata Electronics, applied materials