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TATA UNISTORE
Tata Cliq FY24 revenue falls on exiting electronics category, loss narrowsTata Cliq, rebranded as Tata Cliq Fashion, saw a 42% sales drop in FY24, reaching Rs 247 crore, following its exit from the electronics cat...
Tata Cliq continues to bleed; Ola’s valuation trimmed to $3.5 billionSmoke is billowing as the Tata Group continues to burn cash on its first ecommerce platform — Tata Cliq. Tata UniStore Ltd, which owns and ...
Tata Cliq struggles as losses rise after exit from key categoriesIn the filings to the Registrar of Companies (RoC) made on July 25, Tata UniStore attributed the drop in turnover to the platform’s exit fr...
Tata's first ecommerce platform struggles to click as losses rise after exit from key categoriesThe Tata Group is continuing to burn money on its first ecommerce platform, Tata Cliq. Tata UniStore, which owns and runs Tata Cliq, posted...
Tatas bring all ecommerce ventures under digital businessThe group last week increased the authorised share capital of Tata Digital by Rs 1,000 crore to Rs 21,000 crore and infused Rs 750 crore in...
Tatas infuse Rs 1,600 crore capital into ecommerce business Tata CliqTata UniStore’s filings with the Registrar of Companies (RoC) shows the Rs 1600 capital infusion was approved by the company’s board on Nov...
Trent to sell Unistore stake to Tata DigitalTrent is divesting its stake of around 3.22% of Tata Unistore on a fully diluted basis to Tata Digital. The shares of TUL will be sold to T...
Tatas continue to bet on loss-making Tata CliqTata Unistore Ltd – the company that owns and operates Tata Cliq -- attributed increased losses to investment made to scale up the business...
Big on ecommerce, Tatas pour money into digital businessesTata Digital has received Rs 5,025 crore till now this fiscal. This company has now become the flagship ecommerce entity of the group with ...
Tata Digital gets Rs-10,000 crore capital boost from parentTata Digital is acquiring a 64.3% stake in e-grocer BigBasket for about $1.2 billion and is spearheading the launch of a SuperApp that will...
Tata Digital’s acquisitions and investment limit set at Rs 12,000 croreTata Digital is waiting for the Competition Commission of India’s approval for its deal to acquire a 64.3% stake in e-grocer BigBasket. The...
Tatas plan to infuse Rs 3,500 crore in Tata CliqThis fiscal, till now, Tata UniStore has raised only Rs 30 crore from its parent last April against Rs 311 crore in FY20, Rs 292 crore in F...
Tatas pump in more to CLiQ and growTata Group infused Rs 231 crore into Tata CLiQ in FY20 despite an 18% rise in etailer’s loss in FY19. Tata Unistore net losses jumped to Rs...
Tata CLiQ hasn't quite clicked in online retailTata CLiQ's revenue is only a fraction of that of rivals such as Walmart-owned Flipkart or Amazon.
Tata Group invests Rs 1,150 crore in consumer operations in Q1Trent gets lion’s share of Rs 950 cr while Infiniti Retail, Voltbek and UniStore share the rest.
With Reliance planning entry and Amazon & Flipkart spending big, CLiQ may lag: AnalystsInvestment by Tatas into Tata CLiQ pales in comparison to Amazon and Walmart-owned Flipkart.
TCS nets Rs 2,300 cr from Tata group, units in FY18Tata Consultancy Services reported nearly Rs 2,300 crore in revenue from the Tata group and its subsidiaries, a marginal drop from the prev...
Tata CLiQ takes on bigger rivals with big discountsThe move is a departure from its approach of minimal discounts and keeping prices of most products at par with brick-and-mortar stores, thr...
Tata group companies firm up digital teams before launch of e-commerce ventureTata Unistore, the unit that will spearhead the group’s hybrid online retailing venture, will have representation from the group’s consumer...
Tata Group's new hybrid online retail venture to tap best of online and offlineFirm's new retail venture will be a combination of a portal that will list brands and brick-and -mortar stores that will set prices and del...