Poging GOUD - Vrij

Tata Int'l to tie up with Japanese, Swiss firms

Mint New Delhi

|

September 15, 2025

Tata International Ltd will invest $100 million to form two joint ventures with the Japanese conglomerate Mitsubishi Corp. and the Switzerland-based commodities trader Mercuria, as the $3.6 billion privately held trading business of Tata Sons seeks to scale up global operations.

- Varun Sood & Satish John

Tata Int'l to tie up with Japanese, Swiss firms

Last Friday, the board of Tata Sons approved its trading subsidiary to form a joint venture with Mitsubishi Corp.'s Mobility Group for a multi-brand distribution business in Africa, an executive privy to the development said. Tata will invest $51 million to acquire a 51% stake, while Mitsubishi will invest $49 million in the new entity, the name of which will be formalized in the coming months.

Tata International also agreed to form a partnership with Mercuria, the trading house with $110 billion in revenue. Mercuria and Tata will form a 51:49 joint venture company, which will engage in physical and derivatives trading of energy, metals, freight and agricultural commodities. The two partners will jointly infuse $100 million into Meta, a holding company, in proportion to their equity stake.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

Gameskraft episode bares false papers, weak checks

Concentrated power, falsified documents, and weak checks and balances-the unraveling at Gameskraft has invited comparisons with the Satyam saga.

time to read

1 min

September 18, 2025

Mint New Delhi

Mint New Delhi

IOC, L&T, others eye crude reserve

Multiple energy and engineering giants, including IndianOil Corp. (IOC), Trafigura, Vitol, and Larsen & Toubro Ltd (L&T), have shown interest in developing a strategic crude reserve at Chandikhol, Odisha, said two people in the know.

time to read

2 mins

September 18, 2025

Mint New Delhi

Mint New Delhi

Centre works to fix snags in free trade

Solution for procedural gaps, talks to resolve access issues likely

time to read

3 mins

September 18, 2025

Mint New Delhi

Sparring over chips

China has upped the ante in its trade tussle with the US. As reported, China's internet regulator has ordered Chinese tech companies not to buy artificial intelligence (AI) chips from Nvidia.

time to read

1 min

September 18, 2025

Mint New Delhi

Why festive season is crucial for auto sector

Automobile stocks have been on a tear since the Prime Minister's announcement on Independence Day that the government was planning to reduce the rate at which goods were taxed in India.

time to read

1 min

September 18, 2025

Mint New Delhi

Mint New Delhi

Donald Trump sparks a global debate, yet again

Trump has ignited a new debate.

time to read

2 mins

September 18, 2025

Mint New Delhi

Mint New Delhi

Volatility burns fingers, 5 mn direct investors hit exit button

The fall in India's equity market over the past year has triggered glaringly contrasting approaches of active retail investors accessing the market directly versus those using the mutual fund route to buy stocks.

time to read

3 mins

September 17, 2025

Mint New Delhi

Mint New Delhi

ED seizure may cease to be IBC's Sword of Damocles

Asset seizures tripping up bankruptcy resolution may become a thing of the past, with India's financial crime-buster preparing a much-needed fix.

time to read

2 mins

September 17, 2025

Mint New Delhi

Have US tariffs begun impacting India's exports?

India's overall exports held up in August, but shipments to the US, its biggest trading partner, saw a sharp decline. This is just the beginning, say economists, with the full impact of the US's 50% tariffs expected to kick in from September. Mint breaks down the latest trade numbers.

time to read

2 mins

September 17, 2025

Mint New Delhi

Mint New Delhi

Chinese wall stumps hunt for high-end battery tech

Curbs mean Indian cos unlikely to get access to tech without China govt's approval

time to read

3 mins

September 17, 2025

Listen

Translate

Share

-
+

Change font size