Placeholder canvas

Fact Check: Ratan Tata didn’t buy 50% stake in Mumbai teenager’s pharmacy chain

Date:

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.

ALSO READ: Fact Check: Video of passengers arguing over social distancing is NOT…

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.

Hence, the above information proves that the viral news is misleading.

If you want to fact-check any story, WhatsApp it now on +91 88268 00707


Error: Contact form not found.

Click here for Latest News updates and viral videos on our AI-powered smart news

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Iran-Israel Conflict: US Hits Iran With New Sanctions After Missile And Drone Strike Against Israel

The Department of Treasury of the US government said that the sanctions targeted 16 individuals and two entities affecting Iran's UAV production

Fact Check: Viral Clip Claiming Rahul Gandhi Has Resigned From Congress Is AI-generated

In a video, widely circulated on social media, Congress...