'Tata Sons need not list; no systemic risk'
bengaluru/mumbai, June 3 -- In the Tata folklore, some outsiders who played an influential role in building the group were deemed "more Tata than the Tatas". Among them: Tata Group founder Jamsetji Tata's nephew Nowroji Saklatwala; financial wizard A.D. Shroff; and former Tata Sons Ltd vice-chairman Noshir Soonawala, 92.
In recent times, Farokh Subedar, 71, a chartered accountant and Tata veteran who worked closely with Soonawala and four Tata Sons chairmen, also figures in that list as a key confidant of Noel Tata. Tata, who chairs Tata Trusts, drafted Subedar, who retired from Tata Sons in 2017, to bridge the group's past and present to shape its future.
Tata Sons faces a possible stock market listing, prompted by Reserve Bank of India (R...
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