BusinessAI imageTata Group Stocks Drop Up to 8% Amid Tata Sons Board Conflict
Shares of Tata Group companies including Tata Chemicals, Tata Motors PV, and TCS fell by up to 8%. The decline follows escalating conflicts between the Tata Sons Board and majority-owner Tata Trusts over the group's future and listing plans. The Reserve Bank of India is involved, pushing for listing, while legal experts discuss the implications of a board overruling a 66% shareholder.
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