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India: Tata eyes sale of stake in finance unit

According to media reports in India, the State Bank of India may acquire a 49% stake in Tata Motors Finance Ltd (TMFL), the vehicle financing unit of Tata Motors. Debasis Ray, head of corporate communications at Tata Motors, was quoted by The Mint newspaper as commenting: "Tata Motors has said in the Subscribe to Automotive World … Continued

According to media reports in India, the State Bank of India may acquire a 49% stake in Tata Motors Finance Ltd (TMFL), the vehicle financing unit of Tata Motors.

Debasis Ray, head of corporate communications at Tata Motors, was quoted by The Mint newspaper as commenting: "Tata Motors has said in the

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