Tata Sons IPO Order Backs Reclusive Tycoon’s Long-Running Ask
The Indian central bank’s refusal to relax listing rules for Tata Group’s holding company delivered an outcome long sought by the conglomerate’s biggest minority shareholder, though the road to going...
By P R Sanjai, Saikat Das and Ruchi Bhatia · Bloomberg Markets
The Indian central bank’s refusal to relax listing rules for Tata Group’s holding company delivered an outcome long sought by the conglomerate’s biggest minority shareholder, though the road to going public is far from smooth.