PE firm TPG sells 3.9% stake in Tata Technologies for ₹1,068 crore

Q: How long will it take to read this news story?

The story "PE firm TPG sells 3.9% stake in Tata Technologies for ₹1,068 crore" has 443 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "PE firm TPG sells 3.9% stake in Tata Technologies for ₹1,068 crore" was covered 7 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 308 news stories per day. It's most recent story was published 5 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28288636</li><li>URL: https://infodata.beamstart.com/news/pe-firm-tpg-sells-39-17459471299060</li></ul>

Business Standard Logo Business Standard 7h ago

PE firm TPG sells 3.9% stake in Tata Technologies for ₹1,068 crore - Business Standard

Quick Summary:

According to the bulk deal data available, TPG through its arm TPG Rise Climate SF offloaded more than 1.58 crore shares of Tata Technologies, which provides engineering and product development digital services.

Private equity firm TPG on Tuesday divested a 3.9 per cent stake in Tata Technologies for Rs 1,068 crore through an open market transaction.

The shares were disposed of at an average price of Rs 673.26 apiece on the National Stock Exchange (NSE), taking the aggregate deal value to Rs 1,068.05 crore.