Tata Sons has increased its stake in Tata Play to 70 per cent by buying a 10 per cent stake from Singapore state investment firm Temasek for about $100 million (close to Rs 835 Cr), The Economic Times reported on Tuesday.
Means Initial Public offer as TATA Play had the majority stake now . When the company goes to the public for funds and not depend on Private Equity (PE) investors who can also sell their shares .
Means Initial Public offer as TATA Play had the majority stake now . When the company goes to the public for funds and not depend on Private Equity (PE) investors who can also sell their shares .
Seems like tataplay has revised few packs and rolled back earlier prices. I had Kannada Regional HD which was ₹138 earlier but now the same pack is available for ₹117. The thing is, you need to remove the old pack which was added (₹138 pack) and add the new one (₹117) even though the packs are same.