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Tata Sons chairman calls for aggressive growth despite market challenges

Business Standard LogoBusiness Standard2d ago

Tata Sons chairman calls for aggressive growth despite market challenges - Business Standard

Quick Summary:

Meanwhile, Titan saw a 15 per cent decline in net profit, largely due to the reduction in customs duties and a slowdown in demand for high-value jewellery.

Profit margins narrowed to 7.7 per cent in this period, down from 9.78 per cent in the preceding six months, though they improved from 5.68 per cent in the same period of FY24.

The group is heavily investing in emerging ventures such as Tata Electronics, Air India, and Tata Digital, which are expected to scale up significantly over the next three years.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 12:55:10 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24032482

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 353 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

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Website Security: Secure (HTTPS)

Publisher ID: #49

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