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Tata Sons earmarks Rs 10,161 crore investment in 5 group units, including retail, insurance

Tata Sons, the investment holding company of the $100-billion Tata Group, has approved a Rs 10,161-crore investment plan that focuses on the conglomerate's finance, insurance, defence, realty and retail units - all areas that its chairman is aggressively betting on.

 
 
With the couple recently selling Syntel to French technology services major Atos SE for $3.4 billion, their fortunes are going to see a sharp turnaround.
Infosys posted a net profit of Rs 3,612 crore for the quarter ended June 30, 2018.
An executive chairman does not enjoy a free hand and cannot assume that majority shareholders and the board would be at his beck and call, the NCLT order said.
 
 
Just two months back, SoftBank pumped in $1.4 billion into Paytm - the largest fund infusion by a single investor in a homegrown start-up.
The Bengaluru-headquartered IT firm said that net profit for the three months to June 30 rose to Rs 2,120.8 crore.
New-Delhi based online lending platform StashFin has partnered with non-banking finanace company DMI Finance to raise Rs.30 crore for lending through their platform.
A day after entering the $100 billion m-cap club, RIL stock continued its rally on Friday to breach the 7 lakh crore market valuation.
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