The Tata group has estimated that the valuation of the Mistry family’s 18.4 percent stake in Tata Sons ranges from Rs 70 billion to Rs 80 billion compared to Rs 1.78 trillion sought by the family. During today’s Supreme Court hearing, Tata Sons lawyer Harish Salve mentioned that the Mistry …
Read More »
Tata Sons said Thursday that they have not received any formal request or proposal from the Shapoorji Pallonji Group on the subject of the latter’s departure announcement. “In any case, given that the matter is sub judice before the Supreme Court, Tata Sons will wait for the judicial proceedings, which …
Read More »
The Mistry family did not specify what separation from the Tata group would entail. (PROCEEDINGS) The billionaire Mistry family, the largest minority shareholder in the Tata Group, said it needs to separate its interests after India’s largest conglomerate took steps to block the family’s attempt to borrow money against Tata’s …
Read More »