Tata Sons Plans Infusion Into Digital Arm By Mid Next Year

SUMMARY

This decision aligns with the company’s broader strategy of enhancing execution, accountability, and return on capital

The report further highlights that its CEO Tahilyani has implemented tighter spending controls across various Tata Group businesses while maintaining a focus on growth

This comes days after Tata Sons chairman N Chandrasekaran asked the CEOs of group companies to prioritise aggressive growth despite increasing uncertainties in domestic and global markets

Salt-to-software conglomerate Tata Sons is reportedly planning to infuse capital into its digital arm, Tata Digital, only by mid 2025.

Until then, Tata Digital will have to rely on internal funding and debt financing to propel its growth portfolio.

According to an ET report,  this decision aligns with the…

Read Full Article at: Inc42 Media


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