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Tata Sons plans first overseas loan in more than a decade

Bloomberg Tata Sons Ltd. is seeking an offshore syndicated loan, as it seeks to pay down expensive debt at telecommunications units, according to people familiar with the matter. The holding company for India’s biggest business group has mandated lenders for a $1.5 billion six-year loan, the people familiar said this week. Tata Sons plans to use the proceeds to repay ...

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China finds tech firm in Taiwan it can acquire

Bloomberg China’s speedy approval of what will probably be one of its biggest IPOs in history has all the markings of a perfect marriage. Foxconn Industrial Internet Co., a maker of smartphones, cloud computing equipment and robots, is preparing to list in Shanghai just as the government seeks to revive the nation’s equity market with shiny new tech companies. The ...

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Jaguar owner wants to hire women in India but fewer are working

Bloomberg Jaguar Land Rover owner Tata Motors Ltd. had just about 200 women on the shop floor three years ago. Now, it has 10 times that number and is looking to hire more. In socially conservative India, that may be a tall order. Better educated women from wealthier families aren’t encouraged to work and it’s usually when a man’s salary ...

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