Tata Group to launch new TataNeu mega app on April 7

05 Apr 2022 CW Team

Tata Group, an Indian conglomerate, announced that its long-awaited mega app, TataNeu, would be released to the public on April 7.

TataNeu is the salt-to-software giant's attempt to compete with rivals like Amazon and Mukesh Ambani, local billionaire's Jio Platforms, which have scaled to new heights in the last decade while Tata concentrated on legacy businesses.

The app brings together several Tata Group businesses, such as online grocer BigBasket and e-pharmacy platform 1Mg, acquired recently. Users will be able to send money, pay broadband, energy, water, and satellite TV bills, and get loans using TataNeu.

Customers would be enticed sufficiently by Tata's one-stop-shop offering and perks to make the risky transfer. Tata plans to reimburse them with NeuCoins, equivalent to one Indian rupee.

According to TechCrunch, the company testing TataNeu with tens of thousands of its employees for several quarters plans to phase out various group unit loyalty products from BigBasket, 1mg, and other businesses and replace them with NeuCoins.

Tata Group is focusing on incentives as part of its effort to create a connective layer for its services, spanning a wide variety of sectors.

If successful, the 155-year-old giant would be in a position to develop the country's largest loyalty programme.

To fund its new digital ambitions, the company has engaged with many investors, including SoftBank.

Image Source

Also read: Tata group to take over Air India by this weekend

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..