Tata Digitals new CEO comes with an illustrious track record of turning around another company of the diversified conglomerate. This has earned him immediate goodwill among his new colleagues. But from app performance to group dynamics and competition to talent management, Naveen Tahilyani faces a host of challenges as group chairman N Chandrasekharans handpicked candidate to steer Tatas ambitious project.
"We believe that despite the strong market performance and handsome gains in certain sections of the market, there are pockets of reasonable valuations available and would suggest long-term investors stay put and benefit from the compounding gains over the years. We have observed over several market cycles that the market tends to give outsized returns in spurts and any endeavour by a long-term investor to time the market may lead to their missing out on such possible outcomes."
Tata AIA, the life insurance arm of Tata Group, has introduced digital payment options through WhatsApp and Unified Payment Interfaces, a first in the insurance industry. The new feature allows policyholders to pay premiums digitally and receive instant confirmation.
In FY 23, Ruloans facilitated the disbursement of Rs 26,000 crores of retail loans. With a vision to achieve a turnover of 2,500 crores by 2026 and disbursements of over 1,00,000 crores Ruloans is poised to expand their partner network to encompass more than 75,000 partners by 2026.