China’s ICBC Enters as Strategic Banking Partner for $180 Billion Tata Group
From Deal Street Asia: India’s Tata Sons Ltd and China’s Industrial and Commercial Bank of China Ltd (ICBC) have formed a long-term partnership, under which ICBC will become a strategic banking partner to the Tata group. Tata Sons is the principal investment holding company of the $108 billion Tata Group and promoter of Tata companies. Under the alliance, ICBC will provide