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Tata Sons to utilise hefty TCS dividend to invest in new businesses

Business Standard LogoBusiness Standard1w ago

Tata Sons to utilise hefty TCS dividend to invest in new businesses - Business Standard

Quick Summary:

Tata Sons did not respond to an email seeking comment on Friday.

As some of its subsidiaries in the digital and aviation sectors are currently in the investment phase, funding support to these businesses is likely to continue over the medium term, ICRA said in a statement in February.

Of the total dividend, TCS had already paid Rs 24,931 crore as interim dividend for the nine months ended December in FY25.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 14:56:54 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 372 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 27860989

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 99 posts per day

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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