Tata Investment Corp
 | |
| Company type | Public |
|---|---|
| Industry | Investment service |
| Founded | 1937 |
| Founder | Tata Sons |
| Headquarters | Mumbai, Maharashtra, India[1] |
| Revenue |  ₹278 crore (US$33 million)(2023) |
| ₹252 crore (US$30 million)(2023) | |
| Total assets |
₹20,990 crore (US$2.5 billion) (2023) |
| Total equity |
₹19,676 crore (US$2.4 billion) (2023) |
| Parent | Tata Group |
| Website | tatainvestment |
Tata Investment Corporation Limited (TICL) is a non-banking financial company involved in investing in long-term investments.[2]
Background
[edit]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.[3] 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.[4]
TICL was promoted[clarification needed] 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.[5]
References
[edit]- ^ "Contact Information". tatainvestment.com.
- ^ "TICL:Natl India Stock Quote - Tata Investment Corp Ltd". Bloomberg.com. Retrieved 12 October 2020.
- ^ Choksi, J. D. (1968). "The Investment Corporation of India Limited". Economic and Political Weekly. 3 (44): 1702–1705. ISSN 0012-9976. JSTOR 4359269.
- ^ "Company Profile – Tata Investment Corporation Limited". Retrieved 28 January 2020.
- ^ "Stock Share Price | Get Quote | BSE". www.bseindia.com. Retrieved 28 January 2020.
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- Tata Group
- Investment companies of India
- Financial services companies established in 1937
- Financial services companies based in Mumbai
- Indian companies established in 1937
- Companies listed on the National Stock Exchange of India
- Companies listed on the Bombay Stock Exchange
- Financial services company stubs