Misplaced Pages

Tata Investment Corp

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
(Redirected from Tata Investment Corporation) Indian financial company

Tata Investment Corporation
Company typePublic
Traded as
IndustryInvestment service
Founded1937; 88 years ago (1937)
FounderTata Sons
HeadquartersMumbai, Maharashtra, India
RevenueIncrease₹278 crore (US$33 million)(2023)
Net incomeIncrease₹252 crore (US$29 million)(2023)
Total assetsIncrease ₹20,990 crore (US$2.5 billion) (2023)
Total equityIncrease ₹19,676 crore (US$2.3 billion) (2023)
ParentTata Group
Websitetatainvestment.com

Tata Investment Corporation Limited (TICL) is a non-banking financial company involved in investing in long-term investments.

Background

Earlier named the Investment Corporation of India, the company is primarily involved in investing in long-term investments such as equity shares, debt instruments, listed and unlisted, and equity-related securities of companies in a wide range of industries. The sources of income of the Company consist of dividend, interest and profit on sale of investments. TICL invests in sectors such as banks, cement, chemicals and fertilizers, electricity and transmission, electrical and electronics, engineering, construction and infrastructure, fast-moving consumer goods, finance and investments, healthcare, hotels, information technology, metals and mining, motor vehicles and ancillaries, oil and natural resources, retail, textiles, transportation and logistics, and miscellaneous and diversified.

TICL was promoted by Tata Sons in 1937 and went public in 1959 when it became one of the few publicly held investment companies listed on the Mumbai Stock Exchange.

References

  1. "Contact Information". tatainvestment.com.
  2. "TICL:Natl India Stock Quote - Tata Investment Corp Ltd". Bloomberg.com. Retrieved 12 October 2020.
  3. Choksi, J. D. (1968). "The Investment Corporation of India Limited". Economic and Political Weekly. 3 (44): 1702–1705. ISSN 0012-9976. JSTOR 4359269.
  4. "Company Profile – Tata Investment Corporation Limited". Retrieved 28 January 2020.
  5. "Stock Share Price | Get Quote | BSE". www.bseindia.com. Retrieved 28 January 2020.
Tata Group
Divisions and
subsidiaries
Information technology
& engineering
Airlines
Steel
Automotive
Consumer
& retail
Tata Consumer
Products
Tata Chemicals
Trent
Titan Companybrands
Tata Digital
  • Cromā
  • BigBasket
  • Tata 1mg
  • Tata CLiQ
  • Tata Neu
  • Voltas
    Infrastructure
    Tata Power
    Generation
    Distribution
    Other
    Other
    Financial servcies
    Aerospace & defence
    Tourism & travel
    Telecom & media
    Trading & investments
    Joint ventures
    Former
    holdings
    Sports
    Institutions
    TIFR
    Other
    Hospitals
    Trusts
    People
    Group
    chairmen
    Current
    Board of
    Tata Sons
    Group
    companies
    Tata
    trusts
    Former
    Tata family
    Other
    Other


    Stub icon

    This bank, insurance, or other financial services corporation article is a stub. You can help Misplaced Pages by expanding it.

    Categories: