July 11, 2014 8:55 AM ET

Diversified Financial Services

Company Overview of Tata Capital Limited

Company Overview

Tata Capital Limited, together with its subsidiaries, provides financial services to retail, corporate, and institutional customers in India. The company’s products include auto loans, business loans, education loans, personal loans, home loans, loans against property and securities, and consumer durable loans; and private equity fund services. It also offers commercial finance products, such as term loans, working capital loans, channel finance, equipment finance, lease rental discounting, bill discounting, letter of credit, and bank guarantees; and investment banking services, including equity capital markets transaction execution, underwriting, mergers and acquisitions, structured finance...

One Forbes

Dr V B Gandhi Marg

Fort

Mumbai,  400001

India

Phone:

91 22 6745 9000

Fax:

91 22 6610 6722

Key Executives for Tata Capital Limited

Managing Director
Age: 57
Managing Partner and Head of Private Equity Advisory
Age: 46
Chief Financial Officer
Head of Private Equity Business
Age: 55
Head of Investment Banking
Compensation as of Fiscal Year 2014.

Tata Capital Limited Key Developments

Tata Capital, Kotak Mahindra Bank and BSE Lead Race To Buy FTIL’s 24% In MCX

Tata Capital Limited, Kotak Mahindra Bank Limited (BSE:500247) and BSE Ltd. have emerged as the frontrunners to buy 24% stake in Multi Commodity Exchange of India Limited (NSEI:MCX) from Financial Technologies (India) Limited (BSE:526881) (FTIL), a person familiar with the matter told Economic Times. The three companies are among the nine bidders, including Reliance - ADA Group Limited, CME Group Inc. (NasdaqGS:CME), Warburg Pincus LLC, Deutsche Boerse AG (XTRA:DB1), CME Group Inc. (NasdaqGS:CME) and Dubai Gold and Commodities Exchange which submitted non-binding offers for FTIL’s 24% stake in MCX. They will, according to the person, have to submit binding bids for either part or the entire stake that FTIL seeks to divest. JM Financial is advising FTIL on the MCX sale. FTIL informed BSE on April 12, 2014 that it had shortlisted bidders from among nine parties whose non-binding bids were received. FTIL did not name any of the bidders. It added that its banker, JM Financial, would take the discussion forward to finalize either one or more bidders by April 25, 2014. A JM Financial official declined comment. Kotak Mahindra group and BSE spokespersons too declined comment while a mail query sent to Tata Capital remained unanswered till the time of going to press.

Financial Technologies Seeks To Sell 24% Stake In MCX

Those in the race to buy a 24% stake in Multi Commodity Exchange of India Limited (NSEI:MCX) from Financial Technologies (India) Limited (BSE:526881) have asked Financial Technologies to divulge certain vital information before they make a non-binding offer, three people with knowledge of the matter said. The potential bidders have sought details on the mix of trading volume on the commodity exchange, its related party transactions and forensic tests conducted on the exchange after the government banned all trading activities on Financial Technologies-founded National Spot Exchange Ltd citing irregularities, these people said. According to those keen on the stake, these details are necessary to determine if there will be any future tax or other monitory liability risk due to MCX’s past transactions, the sources said. “Any information outside of public domain cannot be shared by FTIL (Financial Technologies India Ltd) as it is not available to us, unless MCX agrees to share the same,” Financial Technologies added. JM Financial is advising Financial Technologies for selling its stake in MCX. According to reports, the potential bidders include Tata Capital Limited, Deutsche Boerse AG (XTRA:DB1), BSE Ltd., Kotak Mahindra Bank Limited (BSE:500247) and Warburg Pincus LLC.

BSE Reportedly Eyes 5% Stake In MCX

BSE Ltd. is planning to acquire a 5% stake in Multi Commodity Exchange of India Limited (NSEI:MCX) from Financial Technologies (India) Limited (BSE:526881) (FTI), according to people familiar with the matter. Warburg Pincus LLC, Tata Capital Limited, Deutsche Boerse AG (XTRA:DB1) and Kotak Mahindra Bank Limited (BSE:500247) are also interested in acquiring the 5% stake. JM Financial Limited is considered to be acting as financial advisor to FTI.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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