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Monday, December 23, 2024 | 05:46 PM ISTEN Hindi

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Ambitious again? Tata group entering too many global giants' turfs all at once

With its unrelated new initiatives, the group will enter the turfs dominated by the likes of Intel, Samsung, Tesla, Huawei, Amazon and Walmart- all of which are more focused than it - writes T N Ninan

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T N Ninan
The Tata group is on a roll. Tata Motors has doubled its share of the car market over the past year and Tata Steel is enjoying a price boom, while Tata Consultancy Services and Titan continue to chug along. The group is still heavily in debt, but the burden is shrinking. Investors are enthused; the group’s market capitalisation has soared over the past year and more. From accounting for about 90 per cent of the group’s market value, TCS’s share is down to two-thirds – which tells us that the software services company is no longer the group’s sole bread-winner.
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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