Tata is one of the biggest firms of India. We know, it has Steel manufacturing and other plants in North India. Before some days there was news that Tata will not hike steel prices or you can say that was for all manufacturers that they will not increase steel prices now.
But that was not profit or lost story because I have already mentioned in my previous post that all the company and manufacturers are getting more revenue however Indian economy is in inflation. In spite of this is another matter I am not talking on that and not also about market. I am talking about now Tatas investment.
In recent news Tatas is going to invest about $2 billion in telecom Industry. It is good or bad I don’t know because already in telecom industry there are many big brothers who are taking over each other like – Vodafone, Virgin, Bharti etc.
About the news HT writes, “Tata Teleservices plans to invest $2 billion in rolling out GSM-based mobile phone services and expand its current network of CDMA phone services — a move that would give consumers more options and could help bring phone rates further down.”
I think it is not the 1st investment for Tatas. The company is famous for SEZ also. On the SEZ matter in Bengal there was a great struggle against Tata. Now, it has decided to invest their money in telecom industry.
But that was not profit or lost story because I have already mentioned in my previous post that all the company and manufacturers are getting more revenue however Indian economy is in inflation. In spite of this is another matter I am not talking on that and not also about market. I am talking about now Tatas investment.
In recent news Tatas is going to invest about $2 billion in telecom Industry. It is good or bad I don’t know because already in telecom industry there are many big brothers who are taking over each other like – Vodafone, Virgin, Bharti etc.
About the news HT writes, “Tata Teleservices plans to invest $2 billion in rolling out GSM-based mobile phone services and expand its current network of CDMA phone services — a move that would give consumers more options and could help bring phone rates further down.”
I think it is not the 1st investment for Tatas. The company is famous for SEZ also. On the SEZ matter in Bengal there was a great struggle against Tata. Now, it has decided to invest their money in telecom industry.
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