Deal● Neutral for Indian equities
Tata Trusts rift deepens: Noel Tata-led trustees say 'Trusts do not run Tata Sons' as they defend restructuring plan to avoid listing
The brief
- Noel Tata-led trustees defended a restructuring plan for Tata Sons against objections from two senior trustees
- Noel and son move to shield Trusts as Tata Sons tussle heats up
- Why Noel Tata opposes Tata Sons listing: ‘150-year-old’ business model at stake
- Noel Tata hopes RBI will find common ground on restructuring to avoid Tata Sons listing