|₹1734 / ₹953|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Tata Investment Corporation is a non-banking financial company (NBFC) promoted by Tata Sons. The company is registered with the Reserve Bank of India under the category of Investment Company. It is engaged in the business of investment in listed and unlisted equity shares, debt instruments of companies in a wide range of Industries and in mutual funds. The major sources of income for the company consists of dividend income and profit on sale of investments. The company together with Tata Sons is a promoter of the Tata Mutual Fund. The company is also the principal shareholder of Tata Securities Ltd, a company engaged in the distribution of mutual funds and other investment-related securities. As at March 31, 2008, the book value of the company's portfolio of investments was Rs 8,881. 91 million whereas the total of market value of quoted investments and the book value of unquoted investments as at March 31, 2008 was Rs 27,780.