Ratan Tata sells 5% stake in Upstox. The gains will surprise you
WEB1 day ago · Mumbai-based stock broking startup Upstox has bought back 5% of Ratan Tata's shares, delivering him an impressive 23,000% return on his initial investment. Despite this partial sale, Tata still holds 95% of his original stake in the company. Tata's journey with Upstox began in 2016 when he purchased a 1.33% stake.
Buyback bonanza: Ratan Tata gets 10x return from popular …
WEB2 days ago · India Business News: Upstox has successfully bought back 5% of Ratan Tata's holdings, providing a 10x return on his initial investment. Despite this, Tata still holds 95%
Tata trims Upstox stake, '23,000% gain' over 8 years
WEB1 day ago · India Business News: Ratan Tata has sold a 0.06% stake in brokerage platform Upstox for around $2 million, achieving a 23,000% return. This sale leaves him with a 1.27% st
Ratan Tata sells 5% stake in start-up, makes 23,000% profit
WEB1 day ago · In 2016, Tata initially invested in Upstox, a start-up backed by Tiger Global, acquiring a 1.33% stake. Following an equity round conducted by the company in September 2022, his share was reduced ...
Ratan Tata sells 5% of his stake in Upstox - The Economic Times
WEB2 days ago · Mumbai-based stock broking startup Upstox has bought back 5% of Ratan Tata's shareholding in the company. In a statement, the company said that Tata got a 23,000% return on his initial investment. Tata continues to hold 95% of his original stake in the company. Back in 2016, he had acquired a 1.33% stake in …
Ratan Tata sells stake in Upstox after earning 23,000% return
WEB2 days ago · According to the company, Ratan Tata had invested $2,00,000 in Upstox for a 1.33 per cent stake, and as per the latest round of valuation of the new age trading platform at $3.5 billion, his ...
Ratan Tata has sold small stake in this online stock broking …
WEB2 days ago · Ratan Tata reaped over 23,000% return on his early investment in Upstox, a Tiger Global-backed stock broking platform. ... TOI Tech Desk’s news coverage spans a wide spectrum across gadget ...
Ratan Tata sells small stake in Upstox to make 23,000% return
WEB2 days ago · The 86-year-old Tata Group patriarch acquired a 1.33% stake in Upstox in 2016. Recently, the discount brokerage completed a buyback of 5% of Tata's shares in the company. Billionaire business tycoon Rata Tata has sold a small stake in Tiger Global-backed discount broking platform Upstox to make a ...
‘Big challenge, as well as strong potential in future’: Ratan Tata …
WEBRatan Tata, JRD Tata’s successor and chairman emeritus of Tata Sons, on Friday welcomed the government accepting Tata Sons’ bid of ₹ 18,000 crore for the takeover of Air India, saying the ...
Ratan Tata speech, with PM by his side, wins hearts: ‘Dedicate my …
WEBSharing the stage with Prime Minister Narendra Modi on Thursday, industrialist Ratan Tata won many hearts with his speech as he addressed a government event in Assam.