TheBadPlace23h ago

Times of India | Tata Sons' new ventures may lose up to 29k cr

Tata Sons' new ventures face mounting losses, with projections for FY26 reaching Rs 29,000 crore. This sharp increase has raised concerns, impacting leadership decisions. Tata Digital and Air India are major contributors to these losses. A plan to control spending is expected soon. The group is reassessing strategies for these ambitious projects.

Read more: https://timesofindia.indiatimes.com/business/india-business/tata-sons-new-ventures-may-lose-up-to-29k-cr/articleshow/130073021.cms

#tatasons #tatadigital #airindia #fy26 #rs29000crore

Tata Sons' new ventures may lose up to 29k cr - The Times of India

India Business News: MUMBAI: Amid financial concerns flagged by Tata Trusts chairman Noel Tata regarding Tata Sons' new ventures, the businesses are now estimated to incur.

The Times of India
Mathew ThomasDec 24, 2022
BigBasket raises $200 million from Tata Digital, others; valuation hits $3.2 billion
#BigBasket #TataDigital #funding #valuation
Source : Economic Times
https://economictimes.indiatimes.com/tech/funding/bigbasket-raises-200-million-from-tata-digital-others/articleshow/96379225.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Exclusive | BigBasket raises $200 million from Tata Digital, others; valuation hits $3.2 billion

CEO Hari Menon outlines quick commerce expansion, bringing 1mg on its app . The funding takes e-grocers valuation to $3.2 billion.

Economic Times