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Smartphone: Ecommerce platforms in India, including Flipkart, Amazon India, Jiomart, Ajio, and Tata Neu, are set to offer steep discounts of up to 60% during the upcoming festive season sales. The companies have allocated a higher budget for online promotions this year, leveraging lower input costs.
Tata Group is considering a massive infusion of funds into the superapp to the tune of $2 billion, as per reports from earlier this year.
Tata Group: Tata Consumer Products Ltd., the owner of the Tetley tea brand, was uncomfortable with Haldiram's $10 billion valuation, Reuters reported Sept. 6, citing sources who put the annual operating profit of the privately held business at $200 million.
Tata Neu CEO Pratik Pal was one of the highest-paid CEOs of Ratan Tata’s company TCS when he was heading the firm, with a whopping recorded salary.
Tata Digital is the ecommerce arm of the Mumbai-based salt-to-aviation major which houses digital assets such as egrocery firm BigBasket and online pharmacy 1mg, besides its own digital offerings like Tata Cliq, Croma and others.