Ratan Tata, the Chairman Emeritus of Tata Sons, has responded to reports of his being hospitalised at Mumbai’s Breach Candy Hospital. The Tata group veteran has said that he is undergoing medical check-ups and that there is “no cause of concern”. Reports had surfaced of Tata being rushed to the hospital.“I am aware of recent…
Tata Group chairman emeritus Ratan Tata has cashed in on his early investment in the stock broking platform Upstox. Rata Tata has reportedly received 23,000%-plus return on his investment in the Tiger Global-backed platform.The 86-year-old industrialist, known for his visionary leadership of the Tata Group, had acquired a small stake in Upstox in 2016. Recently,…
Tata Electronics is set to establish a Rs 27,000 crore chip assembly plant in Assam. The facility, expected to be operational by 2025, will create over 27,000 jobs, according to Tata Sons Chairman N Chandrasekaran.Speaking on the occasion of the chip plant’s Bhumi Pujan ceremony, Chandrasekaran emphasised the plant’s potential to transform the region into…
Mumbai: BlueStone Jewellery, an online-first jeweller backed by Ratan Tata, plans to raise around ₹2,000 crore through an IPO, people familiar with the matter said. The startup is seeking pitches from investment bankers to underwrite and market the IPO that is likely to involve diluting a 10-15% stake, comprising a fresh issue of shares and…
MUMBAI: Tata Sons, the holding company of the $150-billion Tata Group, will have to be ready for a stock market listing by September 2025 with the RBI classifying it as an ‘upper-layer’ NBFC, which requires greater regulatory compliance.If Tata Sons gets listed, it will be a windfall for its shareholders, including Tata Trusts, headed by…
