From TCS, Titan to Tata Tele - Tata Group stocks fall as Trusts plans move to prevent holdco listing | Details here
New Delhi, Sept. 29 -- Most Tata Group stocks suffered losses in morning trade on Tuesday, 29 September, after reports emerged that Tata Trusts has proposed a restructuring that would merge two of its operating companies with the Group's holding company (holdco), Tata Sons, in a bid to sidestep its regulatory classification as a core investment company (CIC), to avoid the requirement of a stock market listing.
(This is a developing story. Please check back for fresh updates.)
Published by HT Digital Content Services with permission from MINT....
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