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May 04, 2015 9:27 AM ET

IT Services

Company Overview of Tata Technologies Limited

Company Overview

Tata Technologies Limited provides engineering services outsourcing and product development IT services primarily to manufacturers and their suppliers in the automotive, aerospace, and engineering markets. The company offers its services in four groups, including Vehicle Programs & Development (VPD), Outsourced Engineering & Design (E&D), Product Lifecycle Management (PLM) Solutions, and Enterprise Solutions Group (ESG). It provides IT consultancy, SAP implementation and maintenance, networking solutions, and CAD/CAM engineering and design consultancy services. The VPD group provides outsourced program management, including concept development, engineering detail and design, validation, and ...

Plot No. 25

Rajiv Gandhi Infotech Park

Hinjawadi

Pune,  411057

India

Founded in 1981

7,020 Employees

Phone:

91 20 6652 9090

Fax:

91 20 6652 9035

Key Executives for Tata Technologies Limited

Managing Director, Chief Executive, Director, Member of Executive Committee and Member of Stock Allotment Committee
Age: 50
Chief Financial Officer and Chief People Officer
Age: 41
Chairman, Chairman of Audit Committee, Chairman of Compensation & Remuneration Committee, Managing Director of Tata Consultancy Services Ltd and Chief Executive Officer of Tata Consultancy Services Ltd
Age: 68
Chief Executive Officer of Tata Hal Technologies
President of Global Delivery
Age: 41
Compensation as of Fiscal Year 2014.

Tata Technologies Limited Key Developments

PE Firms Reportedly Vie For Tata Tech Stake

Private equity houses The Carlyle Group LP (NasdaqGS:CG), KKR & Co. L.P. (NYSE:KKR), Temasek Investments, Inc. and Advent Partners LLP are among those vying for a large minority stake in Tata Technologies Limited an auto and aerospace design company , valued at $1.3 billion, people familiar with the transaction said. The major shareholders plan to sell around 40% in Tata Technologies in a potential $520-million deal, they added.

Tata Motors Does Not Intend To Sell Tata Technologies

Tata Motors Limited (BSE:500570) does not plan to sell Tata Technologies Limited. Tata Motors sees the company as strategically important for its business. "Tata Motors considers TTL as strategically important for its business. There is no intention of TML to sell majority/strategic stake in TTL and reports of divestment of the 90 per cent stake are incorrect," said Tata Motors.

Tata Technologies Reportedly Up For Sale

Tata Motors Limited (BSE:500570) and Tata Capital Private Equity are looking to sell their 90% stake in Tata Technologies Limited, Economic Times reported citing two people with direct knowledge of the plan. They are looking at selling it in parts if not as a whole. Citigroup has been tapped for finding buyers. A Tata Technologies Limited's spokesperson based in Singapore did not respond to emailed questions.

Recent Private Companies Transactions

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