Tata Capital in alliance with Mitsubishi UFJ

Mumbai: India’s Tata Capital said on Wednesday it had signed a memorandum of understanding with Mitsubishi UFJ Securities Co for investment banking, global offerings of Indian equities and other services.

“The top priority of our global business operations is to enhance our presence in Asian markets including India," Yasumasa Gomi, chairman and chief executive of Mitsubishi UFJ Securities, said in a statement.

No financial details were disclosed.

Tata Capital Ltd, a wholly owned subsidiary of Tata Sons Ltd, recently also signed an alliance with Mizuho Corporate Bank for a range of financial services.

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