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Warburg Pincus and Tata Tech deal worth Rs 2,320 crore called off

A deal to sell 43 per cent stake in Tata Technologies to Warburg Pincus has been called-off. The deal worth around Rs 2,320 crore has been called off due to “delays in securing regulatory approval and the recent performance of the company not meeting internal thresholds because of market challenges,” the company informed BSE. Following this, Tata Motors will continue to…

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