The Tata Group lost about $19 billion since Sept. 19 after President Donald Trump tightened US work-visa rules, weighing on Tata Consultancy Services (Photo: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed
India’s Tata Group has lost about $73 billion in market value this year, with a significant chunk of the erosion coming in recent weeks following challenges ranging from US visa curbs to a cyberattack.
The combined market value of the biggest Indian group’s 16 firms has slipped to about $287 billion, the lowest in nearly two years, data compiled by Bloomberg show. The group lost about $19 billion since Sept. 19 after President Donald Trump tightened US work-visa rules, weighing on Tata Consultancy Services Ltd.
The coffee-to-cars conglomerate is undergoing o