December 11, 2020 02:48:46 PM IST Global stocks tumble after Wall St falls on virus pressure Global stock markets mostly fell on Friday after U.S. unemployment claims surged in a sign of worsening economic damage from the coronavirus pandemic, while Congress is stalled on possible new aid. On Wall Street, …
Read More »Family-owned TVS group changes ownership model to eliminate holding company
The $ 8.5 billion TVS group decided Thursday to opt for a restructuring by giving each family group full ownership of the companies they run and eliminating the parent company. There will be no cross-holdings, the family agreed, in accordance with the new terms. For example, Suresh Krishna and his …
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