TCS Market Value Erodes by Over Rs 34,000 Crore

Imagine the Tata companies are like a big family of lemonade stands.

Together, all of these stands are worth a lot of money.

This week, the family of stands suddenly lost a huge pile of money.

In just two trading days, they lost about Rs 43,812 crore of their total value.

One of the stands, called TCS, lost most of that money all by itself.

TCS lost about Rs 35,421 crore, which is 81 out of every 100 rupees lost.

Before the drop, the family was worth Rs 27.48 trillion on August 11.

After the drop, they were worth Rs 27.04 trillion.

The news calls the trouble 'Tata turmoil,' but it does not say exactly what caused it.