Focus on steady cash flows, don't chase valuations: Tata Sons Chairman tells entrepreneurs

Updated: Nov 24 2022 9:48PM

Focus on steady cash flows, don't chase valuations: Tata Sons Chairman tells entrepreneurs

Mumbai, Nov 24 (PTI) Tata Sons Chairman N Chandrasekaran on Thursday advised young entrepreneurs to concentrate on steady cash flows and not chase valuations.

An entrepreneur should focus on building a purpose-led organisation which will make it a successful company and the valuations will naturally accrue, the head of the over USD 120 billion-group said.

Speaking at the Ascent Conclave, Chandrasekaran acknowledged that there is a tendency to create a euphoria in the market to drive valuations.