My issue with Tata Group!!
Logically, my issue applies to the biggest cash cow of the group- TCS.
I've summed up my problem with Tata Group, below.
The Tata Group is a chaebol like the ones in South Korea.
You keep trying your luck in every sector.
Just few(TCS, Titan, Tata Elxsi, .. Tata communications, Tata Consumers) companies in the group arrange all the cash for Tata group.
However, it's TCS alone that does all the heavy lifting for Tata Group. All remaining businesses besides the aforementioned few are perpetually lossmaking ventures & white elephants(🐘s) .
So, you end up distorting the freemarket system in India and invariably screw up everyone outside your group while keeping a cleaner than thou image for yourself.
By the way, TCS is itself a copy of IBM Global Services.
Yet, TCS is able to outdo the master.
Fortunately, digitization & SAAS would eventually take the sting out of TCS's business, down the line.
Then, we'll have truckloads of clerks wandering our streets and maybe, even a civil war(we had them before when IBM closed their operations in India, in the early 1970s).
Alternatively, Tata Group may get sanctioned by the USA for geopolitical reasons.
I probably see where things are headed. Also, I happen to know a good deal and have been able to spot few thunderbolts, before they've hit ground.
Unfortunately, sanctions would harm all and sundry.
Hence, I must bury my head in the sand like everyone else and continue to keep a sizeable sum parked in TCS stock just to balance my risk and also hope, TCS continues to show spectacular growth, despite all odds. 🤣
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