A news report is being widely shared across the internet, according to which, industrialist Ratan Tata has bought 50% stakes in a Mumbai teenager’s pharmacy chain.
The full report can be seen here.
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FACT CHECK
NewsMobile fact-checked the above news and found it to be misleading.
Ratan Tata himself took to Twitter to clarify that he has NOT purchased a 50% stake in the company.
“As happy as I am to support this venture, it has been a minority token investment.
I have not purchased 50% stake in the company,” Tata wrote on the micro-blogging site.
As happy as I am to support this venture, it has been a minority token investment.
I have not purchased 50% stake in the company. pic.twitter.com/RXbC5aabiB— Ratan N. Tata (@RNTata2000) May 8, 2020
Hence, the above information proves that the viral news is misleading.
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