The transaction was on January 31, 2023.
January 2023 marked a shift in sales trends for Tata Motors, as commercial vehicle sales saw a dip of 7%.
Setting up the Agriculture Accelerator Fund will encourage agri-startups by young entrepreneurs in rural areas.
Reliance Retail opened 789 new stores totaling 6 million square feet.
Tata Motors and TPG Rise Climate have entered into a binding agreement under which TPG and its co-investor ADQ will invest in a Tata Motors subsidiary.
The global inflation is set to fall from 8.8% in 2022 to 6.6% in 2023
Weak volumes, margins likely
Investors with high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in ITI Flexi Cap Fund.
Recommendation: Buy; Target price: Rs 545
The fund aims to amass $1 billion in AUM over the next five years and is targeting a first close in coming quarters.