Patriarch Says Listing May Limit Tata Sons’ Role as Backstop

Founding-family patriarch Noel Tata said a public listing could constrain Tata Sons Pvt.’s ability to support group firms in trouble, making his case in a rare public interview nearly two...

By Shruti Srivastava · Bloomberg Markets

Founding-family patriarch Noel Tata said a public listing could constrain Tata Sons Pvt.’s ability to support group firms in trouble, making his case in a rare public interview nearly two weeks after a boardroom fight erupted at one of India’s largest conglomerates.