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

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..