Trent, the retail arm of India’s Tata Group, is buying back the shares of its subsidiary Landmark, owned by Indian private equity firm TVS Capital, for INR840 million (approximately US$15.4 million). TVS Capital invested INR650 million (approximately US$11.9 million) in Landmark, a retailer of books, music and games, in 2009. Under the terms of the transaction, Trent is offering TVS Capital an opportunity to invest in Westland, a Trent subsidiary that is involved in the publication and distribution of fiction and nonfiction books, for a minority stake.