Tata Sons Chairman N Chandrasekaran on Monday said that that the Tata Group is making large investments as a conglomerate in India, while also looking at distressed assets. In an interview with ET Now, N Chandrasekaran said that the Tata Group will double down investment in the auto sector and will continue making large investments in the steel sector.
He, however, refused to speak on privatisation of Air India, saying that “will not talk about what we will do or not do with Air India on television”. Tata Group is reportedly interested in bidding for Air India. N Chandrasekaran, who was in Davos to attend the Annual General Meeting of the World Economic Forum, told ET now that he does not foresee the Budget 2018 to be deviating from fiscal prudence. He also expressed confidence that Prime Minister Narendra Modi at Davos will send a very strong message to domestic and global investors and his visit is at a crucial juncture.
22/01/18 Financial Express
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He, however, refused to speak on privatisation of Air India, saying that “will not talk about what we will do or not do with Air India on television”. Tata Group is reportedly interested in bidding for Air India. N Chandrasekaran, who was in Davos to attend the Annual General Meeting of the World Economic Forum, told ET now that he does not foresee the Budget 2018 to be deviating from fiscal prudence. He also expressed confidence that Prime Minister Narendra Modi at Davos will send a very strong message to domestic and global investors and his visit is at a crucial juncture.
22/01/18 Financial Express
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