September 26, 2017 7:29 AM ET

Professional Services

Company Overview of Tata Industries Limited

Company Overview

Tata Industries Ltd. provides management consulting services. It also offers custom e-learning services, such as project management, instructional design and graphics, and technical know-how. The company promotes projects in the fields of finance, telecommunications, oil field service, process control, management systems, and information technology. Tata Industries Ltd. was founded in 1945 and is based in Mumbai, India.

24, Homi Mody Street

Mumbai,  400 001

India

Founded in 1945

Phone:

91 22 6665 7373

Fax:

91 22 5665 7974

Key Executives for Tata Industries Limited

General Manager of Finance & Accounts
Chief Executive of Tata Interactive Systems
Executive Director
Vice President of Legal and Company Secretary
Compensation as of Fiscal Year 2017.

Tata Industries Limited Key Developments

Tata Industries Raises INR 2,500 Million Through Corp Bonds to Refinance Debt

Tata Industries raised INR 2,500 million by selling corporate bonds to Birla Sunlife Mutual Fund, Aditya Birla Finance and Kotak Mutual Fund as it looks to refinance existing debt and spend on general business purposes. Tata Industries issued 2,500 non-convertible debentures (NCDs) of the face value of INR 1.0 million each. Kotak Mutual Fund and Birla Sunlife Mutual Fund subscribed to INR 1,000 million worth of NCDs each while Aditya Birla Finance subscribed to INR 500 million worth of NCDs. ICICI Bank was the sole arranger of the private placement. Tata Industries' NCDs have a coupon rate is 7.25% and have a credit rating of A1+ by rating agency Crisil. The redemption of the securities will take place on June 3, 2018. The company can exercise a call option to redeem the NCDs on March 7, 2018.

Tata Industries Removes Cyrus P Mistry as Director

Tata Industries, at its EGM on December 12, 2016, removed Cyrus P Mistry as a director of the company. Hence, he also has ceased to be the chairman of the company.

Similar Private Companies By Industry

Company Name Region
22Light Asia
2Soft Solutions Pvt Ltd Asia
3P Consultants Pvt. Ltd. Asia
Aakansha Consultancy Services Ltd. Asia
Aarvi Encon Limited Asia

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 20, 2017
Advinus Therapeutics Ltd.
Merger/Acquisition
May 18, 2017
Tata Teleservices Limited
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Tata Industries Limited, please visit www.tatatex.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.