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TPG Rise Climate invests in Tata Motors’ new subsidiary

Tata Motors and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate, along with co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. TPG Rise Climate along with co-investors will invest Rs 7,500 Cr ($996,390) in compulsory convertible instruments to secure between 11 % to […] More…

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