Tata Capital Limited is a wholly owned subsidiary of Tata Sons Limited. Through Tata Capital, Tata Group has made its entry into financial services. The company has been set up to cater the investment or financial needs of the retail and institutional customers. Tata Capital Limited is an engaged in two businesses, namely Fund based and Fee based activity.

The Company was incorporated on March 8, 1991 and actively commenced business operations since September 2007. The Company is headquartered in Fort, Mumbai, and operates from 2 regional offices and 32 branches in 22 Indian cities and 3 subsidiary companies in Singapore. The company is in the process of obtaining approvals for setting up a subsidiary in London.

The company's diversified portfolio includes Consumer Finance and Advisory Services - Diverse mix of Retail offerings in the areas of Consumer loan products and investment advisory services. These include Home loans, Auto loans, and Personal loans, Education Loans, Loans against Property, Investment products and Advisory Services.

The company engaged in other business related to services relating travel, forex and infrastructure through its wholly owned subsidiary 'TC Travel and Services Limited' 'TCTSL'. TCTSL provide services such as airline tickets, railway tickets, hotel bookings, car-hire services, holiday tours and packages, visa and passport related services, foreign exchange and travel insurance, and other travel related ancillary services to corporate as well as individual customers.

In September 1, 2007, the company started infrastructure financing business by acquiring the construction equipment (CEQ) financing business from Tata Motors Limited and Tata Motors Finance Limited

The company's investment banking business provides a broad range of services, including equity capital markets transaction execution, underwriting, mergers and acquisitions advisory, structured finance advisory, private equity advisory, and infrastructure advisory.

The company through its wholly owned subsidiary company, Tata Securities Limited 'TSL' conducts stock broking, depository participant and distribution of mutual fund units and third party financial products. TSL emerged as one of the significant distribution houses in the mutual fund industry with mobilization of around Rs. 90,00,000 lakhs, through its presence in about 50 locations. In May 8, 2007, the name of the Company was changed from 'Primal Investments & Finance Limited' to 'Tata Capital Limited'.

The company entered into the retail asset financing business in a phased manner with an initial focus on auto and personal loans. In December 2007, the company commenced auto finance business. In February 2008, it launched personal loan business.

In March 31, 2008, Tata Capital Markets Limited (TCML), a wholly owned subsidiary of the company granted a Category I Merchant Banking license by SEBI to carry out merchant banking business.

In June 2008, the Company acquired 4,02,56,111 equity shares representing 24% stake in Tata Autocomp Systems Limited (TACO) for a consideration of Rs 16,102 lakhs. TACO Limited is engaged in manufacture of auto parts for the automobile industry.