BusinessPhoto: News18Hi BusinessTata Invests ₹1,100 Crore in iPhone and Chip Business Despite Rising Losses
Tata Sons has invested ₹1,100 crore in Tata Electronics to expand its Apple iPhone and semiconductor business. While the company's revenue has nearly doubled, its net loss has also increased to ₹1,611 crore. Despite rising losses, Tata Group continues to invest heavily in this sector, aiming for long-term growth and market presence.
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