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According to a report by business daily The Economic Times, Tata Industries will transfer some of its significant startup companies, including Tata Cliq, Tata Cliq Luxury, Tata CLIQ Palette, and Tata Health, to Tata Digital in the coming two weeks as part of a move to consolidate the scalable ecommerce entities under one roof. This development is part of a larger group consolidation strategy being led by Tata Sons, the primary investment holding company of the Tata Group, which has been combining related businesses operated by different Tata Group companies to reduce costs and concentrate on g...
Officials said the board was also apprised of the proposed acquisition of 1 mg, an online medical store, officials said. "It was a regular board meeting and plans for 2021 in terms of execution were largely discussed" an official said, requesting anonymity.