Friday, 24 March, 2023
Tata Digital Revenue Increase 3X in Fiscal Year 22; $2B 4G Contract Almost Final Between TCS, BSNL
<p>Tata Digital's consolidated revenue more than tripled to approximately Rs. 16,000 Cr in FY22, thanks to a number of acquisitions, notably BigBasket, which alone improved its top line by Rs. 7,238 Cr. The Tata Group is planning to hive off Tata Cliq Luxury, Palette, and Tata Health to Digital in the next two weeks. The company's purchase of a controlling share in e-pharmacy startup 1mg and Supermarket Grocery Supplies Pvt Ltd. was primarily the reason for the increase.</p>
Read full story at Economic Times
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