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The Economic Times
The Economic Times
National
Trending Desk

Harsh Goenka has advice for Tata Sons amid Sensex decline: ₹11.68 lakh crore equity portfolio could generate ₹82,000 crore a year in FDs

At a time when Indian stock market is declining, Industrialist Harsh Goenka has floated a hypothetical idea involving Tata Sons' massive listed equity portfolio, pointing to the amount of money it could generate if invested in fixed deposits or other relatively safe instruments. In a post on X, Goenka said Tata Sons' listed equity portfolio, valued at around ₹11.68 lakh crore, could potentially generate annual income of ₹70,000 crore to ₹82,000 crore if the money were invested in instruments yielding 6% to 7%.

READ ALSO: From Rs 3,500 salary to Rs 1.5 crore per month: How this Ghaziabad man built an e-bike company with his wife's savings

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