Tata Investment Corp
Public | |
Traded as | NSE: TATAINVEST |
Industry | Financial Services |
Founded | 1937 |
Founder | Tata Sons Ltd. |
Headquarters | Mumbai, Maharashtra, India[1] |
Revenue | INR 2.31 billion (2014-15)[2] |
Number of employees | 18.41k (Mar 2014)[2] |
Parent | Tata Group |
Website |
www |
Tata Investment Corporation Tata Investment Corporation Limited (TICL) is a non-banking financial company. 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.
Areas of business
TIC, along with Tata Sons, promotes the Tata Mutual Fund. The company has built up a significant portfolio of investments.
Location
The company is located in Mumbai, India.
References
- ↑ "Contact Information". tatainvestment.com.
- 1 2 "Annual Report 2014-15" (PDF).