Friday, 24 March, 2023

Tata Sons speculates glorious 5-year expenditure plan as TCS sets out to provide boost

<p>The Tata Group may find its daughter company TCS ascending in value, thus having a larger share of the $18 B expenditure plan for the upcoming 5 years. By 2025, it is expected that TCS may find an increase in income which may boost the parent company&rsquo;s ambitious upcoming $70 B expenditure plan. This may increase TCS&rsquo;s share standing at ₹39,150 cr in net free cash flow of the total expenditure at present amounting to ₹51,227 cr by FY25.</p>