 "Have no associations with cryptocurrency of any form, says Ratan Tata")
Veteran industrialist and former Tata Group Chairman Ratan Tata on Tuesday said he has no associations with cryptocurrency of any form.
Strongly refuting reports of his investments in cryptocurrency, in a tweet, Tata said, "I request netizens to please stay aware. I have no associations with cryptocurrency of any form."
Sharing a screenshot of an article that stated his "recent investment had experts in disbelief and major banks concerned" as an example, he wrote, "If you see any articles or ads mentioning my association with cryptocurrency, they are absolutely untrue and meant to scam citizens."
In 2021, Mahindra group Chairman Anand Mahindra also denied investing in cryptocurrency, dubbing reports that claimed that he had done so as "completely fabricated & fraudulent" and asserted he had "not invested a single rupee in cryptos".
Sharing a screenshot of an article that stated his "recent investment had experts in disbelief and major banks concerned" as an example, he wrote, "If you see any articles or ads mentioning my association with cryptocurrency, they are absolutely untrue and meant to scam citizens."
In 2021, Mahindra group Chairman Anand Mahindra also denied investing in cryptocurrency, dubbing reports that claimed that he had done so as "completely fabricated & fraudulent" and asserted he had "not invested a single rupee in cryptos".
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%