Tata Investment Corp

Tata Investment Corp
Public
Traded as NSE: TATAINVEST
Industry Financial Services
Founded 1937 (1937)
Founder Tata Sons Ltd.
Headquarters Mumbai, Maharashtra, India[1]
Revenue Increase INR 2.31 billion (2014-15)[2]
Number of employees
 18.41k (Mar 2014)[2]
Parent Tata Group
Website www.tatainvestment.com

Tata Investment Corporation Tata Investment Corporation Limited (TICL) is a non-banking financial company.

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 invested 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 .

TIC 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. 1 2 "Annual Report 2014-15" (PDF).
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