Tata’s Revenue Drops as Commodity Woes Hurt Indian ConglomerateBy
Group’s 2015-16 turnover declined 4.6% to $103 billion
Tata invested over $28 billion in the past three years
Tata Group, the coffee-to-cars conglomerate, said revenue slipped 4.6 percent for the year ended in March, hurt by global political uncertainty, a commodity price crash and volatility in currencies.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.