The Economic Times

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

Harsh Goenka has shared a hypothetical scenario in which Tata Sons' 11.68 lakh crore listed equity portfolio could generate 70,000 crore to 82,000 crore annually if invested in fixed deposits or other instruments yielding 6% to 7%. He suggested the potential income could support philanthropy and social good, while clarifying that he was not recommending the sale of the portfolio.