Noel Tata Faces Biggest Crisis Yet With Regulator’s IPO Order
The Indian banking regulator’s refusal to exempt Tata Sons Pvt. from a public listing-rule comes as an unexpected blow for group patriarch Noel Tata, who’s already struggling to address leadership...
By Saikat Das, Anto Antony, P R Sanjai and Satviki Sanjay · Bloomberg Markets
The Indian banking regulator’s refusal to exempt Tata Sons Pvt. from a public listing-rule comes as an unexpected blow for group patriarch Noel Tata, who’s already struggling to address leadership uncertainty at the top of the $185 billion conglomerate.