Tata Sons IPO: This request turned down by RBI? Reason?
Oct 19, 2024 · Back in April this year, Tata Sons had submitted a proposal to the RBI to secure waiver on IPO. Post RBI move to turn down the request, Tata Sons will be required to mandatorily list by September 2025 as per the RBI's upper layer NBFC rule.
Holdco to house Tata Motors' demerged CV, PV businesses
1 day ago · Tata Sons is restructuring Tata Motors by creating a holding company for its passenger and commercial vehicle businesses, which will be demerged into separate entities. This move aims to unlock value and enable independent capital raising for each business, with a potential listing of the electric passenger vehicle arm in the future.
RBI norms may force Tata Sons to consider mega IPO
Mar 9, 2024 · RBI norms may force Tata Sons to consider mega IPO With an estimated valuation of Rs 11 lakh crore, Tata Sons is reportedly looking to sell 5 per cent in the IPO, which makes up to about Rs 55,000 crore, according to a report by a broking firm.
Tata Sons May Be Valued at Up to $96 Billion in IPO, Spark Says
Mar 5, 2024 · Tata Sons Ltd. may fetch a valuation of as much as 8 trillion rupees ($96 billion) in an initial public offering that could potentially take place within the next 18 months, according to Mumbai...
Tata Sons' IPO unlikely soon, company seeking options to comply …
Mar 9, 2024 · Tata Sons is considering various avenues to adhere to the Reserve Bank of India's (RBI) mandates regarding upper-tier Non-Banking Financial Companies (NBFCs).
Noel Tata joins Tata Sons board, first to hold dual positions since ...
Nov 5, 2024 · Noel Tata’s appointment is noteworthy because he became the first family member since 2011 to concurrently serve on the boards of both Tata Trusts and Tata Sons. As the Tata Trusts hold a commanding 66 per cent stake in Tata Sons, this dual role signals an era of closer family oversight over the sprawling conglomerate’s operations.
How Tata Trusts controls Tata Sons, the company that owns all …
Tata Trusts is the philanthropic arm of the Tata Group, which also happens to own about 66% of Tata Sons, the private holding company which owns stakes in all Tata group companies.
Tata Sons repays ₹ 20,000 crore debt to avoid mandatory listing
Tata Sons voluntarily surrendered its certificate of registration to the Reserve Bank of India (RBI) after repaying over ₹ 20,000 crore in debt in order to remain an unlisted entity, it was ...
Tata Sons IPO: Investors see value unlocking - The New Indian …
Mar 8, 2024 · Spark Capital has pegged a Rs 7.8 lakh crore valuation for the Tata group’s NBFC holding company Tata Sons on listing going by the current market cap of the group firms.
Tata Sons Seeks $1.1 Billion From TCS Share Sale, Terms Show
Mar 18, 2024 · Tata Sons Ltd. is seeking to raise at least $1.1 billion selling shares in the Indian conglomerate’s software services unit, according to terms of the deal obtained by Bloomberg News.