Tata Group needs to find the elusive elixir of growth to ward off Ambani
The Tata Group has denied rumors of acquiring a stake in Haldiram's, a snack-food maker. Instead, the Indian conglomerate may focus on expanding its consumer super-app, Tata Neu, which has the potential to tap into India's online commerce market. The group is also venturing into AI and semiconductor manufacturing through partnerships with Nvidia. However, the competition from Mukesh Ambani's Reliance Industries, which is also exploring similar fields, poses a challenge.