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Tata Sons pays Rs 4,475 crore in annual dividends; hypothetical investment could generate Rs 82,000 crore for philanthropy, says Harsh Goenka

RPG Enterprises Chairman Harsh Goenka shared a hypothetical thought experiment on X regarding Tata Sons. He noted that selling Tata Sons' Rs 11.68 lakh crore listed equity portfolio and reinvesting in 6-7% safe yield instruments could generate up to Rs 82,000 crore annually for philanthropy, compared to its current Rs 4,475 crore dividend.

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Economic TimesLean R·1h ago
Tata Sons pays Rs 4,475 crore in annual dividends; hypothetical investment could generate Rs 82,000 crore for philanthropy, says Harsh Goenka
RPG Enterprises Chairman Harsh Goenka shared a hypothetical thought experiment on X regarding Tata Sons. He noted that selling Tata Sons' Rs 11.68 lakh crore listed equity portfolio and reinvesting in 6-7% safe yield instruments could generate up to Rs 82,000 crore annually for philanthropy, compared to its current Rs 4,475 crore dividend.
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Tata Sons pays Rs 4,475 crore in annual dividends; hypothetical investment could generate Rs 82,000 crore for philanthropy, says Harsh Goenka

How 1 sources are covering this

Tata Sons pays Rs 4,475 crore in annual dividends; hypothetical investment could generate Rs 82,000 crore for philanthropy, says Harsh Goenka

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