Proceedings are underway for @tatamotorsgroup to have a foreign strategic partner in place for its passenger vehicle business through a Rs 9417 crore transfer of the unit to a wholly-owned subsidiary. The auto major is said to be in talks with multiple automakers from Europe and East Asia, to sell up to 49 percent stake in its India passenger vehicle business. #TataMotors #globalalliance #strategicpartner #PVbusiness #biztransfer #bizvdnews #businessnews #newsupdate #newsoftheday #businessnewsdaily #businessnewsindia #indianmarket https://www.instagram.com/p/CDdfzSzDGmW/?igshid=7mt96cw9kkba