UPDATE 1-Tata Motors raises $1 bln from TPG, ADQ for electric vehicle business - NewsBreak

NEW DELHI, Oct 12 (Reuters) - Indian automaker Tata Motors has raised about $1 billion from private equity firm TPG's Rise Climate Fund and Abu Dhabi state holding company ADQ to expand its electric vehicle business, the company said on Tuesday. Tata Motors will form a separate electric vehicle unit...