Tata Sons doubles royalty fee for group firms to ₹200 cr: Report

Tata Sons has doubled the royalty fee for its group firms like TCS, Tata Motors and Tata Steel to ₹200 crore, The Economic Times reported. The group firms pay the fee for using the brand name 'Tata', a scheme launched by Ratan Tata in 1996. Group firms will now pay 0.25% of their annual revenue capped at ₹200 crore.