Tata Group Unveils Vision 2025, To Pump In $35 Billion In 3 Years
Advertisement
Advertisement
Advertisement
The salt-to-software group, with a presence in almost every sector of the economy, will pump in a significant amount of the planned investment in traditional businesses even as it considers creating new businesses like e-commerce. The group has identified four sectors —realty, defence, consumer and retail and financial services — to fuel its growth.
In order to achieve the 2025 vision, the group will restructure its business portfolio by selling off non-core assets and concentrate on growth and achieving revenue targets. It recently sold the Blue Sydney Hotel in Australia and Neotel telecom unit in South Africa.
This holistic strategy will also include support to companies to restructure those businesses which lack the potential to meet performance criteria in the long term, a Tata Group spokesperson said.
Advertisement
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market