September 18, 2026 3:47 PM
India’s Tata Sons gets listing backing from second-largest shareholder
Shapoorji Pallonji Group, the second-largest shareholder in India's Tata Sons, backed on Friday a potential listing of the holding company of the sprawling Tata conglomerate, a move that could reshape ownership of the famed business group. The support comes a day after Tata Sons' board said it would move towards complying with Reserve Bank of India rules that could require the holding company to list. "We look forward to working closely and constructively with Tata Sons," group chairman Shapoo...