"We categorically deny reports of a 51% stake sale. we are not in any discussions with Tata, says Haldiram's

Responding to media reports, Haldiram's clarified that it is not in any discussions with Tata Consumer Products for the sale of 51% stake.

Tata also denied and said it is not in any negotiations with the Indian snack maker Haldiram's for stake acquisition.

The clarification comes after a report that stated that Tata is in talks to acquire at least 51% stake in Haldiram's

The report also said that Tata is hesitating as Haldiram's demanded a $10 billion valuation.