Why does Tata Sons want to sell TCS shares worth Rs 9,300 crore?

The share sale could be one way for the Tata Group to shore up funds to avoid an RBI-mandated public listing for Tata Sons. Simultaneously, it could also be to dodge the Mistrys.

18 March, 20241 min
0
Why does Tata Sons want to sell TCS shares worth Rs 9,300 crore?

You may also like

Business
Story image

Has Devyani International turned a corner?

There’s something for both pessimists and optimists in the QSR player’s Q3 results. Right now, it looks like a coin toss where this business will go next, which makes the euphoric market reaction seem out of place.

Business
Story image

The shadow of geopolitics on Saudi Arabia reforms

The kingdom has to bet on de-escalation between the US and Iran to preserve economic momentum and safeguard foreign investment flows.

Business
Story image

Budget 2026: Green targets, grey solutions

India is betting big on carbon capture and coal gas despite global failures. With a new entrant, the race for Shell’s renewable platform in the country is hotting up. Plus, why the solar relief rally might be premature.