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Tata gets bullish on e-commerce just as rules threaten to transform market
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Inside Tata Digital s plan to integrate online businesses and launch a super app
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Tata Digital updates group board on strategy, super app
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Synopsis
The board is understood to have sought an update on the speed of execution and strategy post acquisition of online grocer BigBasket and online pharmacy 1mg over the last two months.
ETtech
Mukesh Bansal, president of Tata Digital and Natarajan Chandrasekaran, chairman of Tata Sons
Management of Tata Digital made a presentation on its strategy and plan ahead to Tata Sons directors at a special board meeting of the holding company on Monday, people aware of the development told ET.
The board is understood to have sought an update on the speed of execution and strategy
Too young to drive, old enough to invest
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Inside Tata Digital s plan to integrate online businesses and launch a super app
Tata Digital president Mukesh Bansal (left) and Tata Sons chairman N Chandrasekaran.
Synopsis
Having struck back-to-back deals to boost its consumer internet play through acquisitions such as BigBasket, 1mg and Cultfit (which is currently a minority investment), the Tata Group is piecing together its first major foray into a new business area after its entry into the aviation sector in 2013.
Bengaluru/Mumbai: A gathering in Mumbai in the last week of June set the ball rolling on the Tata Group’s ambitious digital plan. Among those at the meeting held in the backdrop of the conglomerate’s annual general meeting were Tata Sons chairman N Chandrasekaran and Tata Digital chief executive Pratik Pal. Also present was Tata Digital’s