Why does Tata Sons want to sell TCS shares worth Rs 9,300 crore?
The share sale could be one way for the Tata Group to shore up funds to avoid an RBI-mandated public listing for Tata Sons. Simultaneously, it could also be to dodge the Mistrys.
18 March, 2024•1 min
0
18 March, 2024•1 min
0
More in
Business
Exclusive: Bira loses control of The Beer Cafe, investors move in
The popular beer chain is now evenly owned by Anicut Capital and Kirin Holdings.
You may also like
Business
Hero’s comeback has legs, but can it keep its grip?
India’s largest two-wheeler maker has seen a stock surge on the back of macro tailwinds, an EV push, a credible export strategy and renewed investor faith. Proving that this rally isn’t just a festive-season fling will be the real test.
Business
Can Meesho’s value-commerce playbook pass the IPO test?
The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.
Business
The price of a cooler planet
From net-zero plans to farm resilience, the battle for the climate will be fought on balance sheets.