Tata’s Revenue Drops as Commodity Woes Hurt Indian Conglomerate

  • 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.

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