India's Finance Minister expects Tata Sons issue to be amicably settled within the group
Mon 12:53
India's Finance Minister expects Tata Sons issue to be amicably settled within the group BENGALURU, Nov 2 (Reuters) - India's Finance Minister Nirmala Sitharaman on Monday said she expected issues at Tata Sons to be amicably settled within the group.
One of India's largest conglomerates, the Tata Group, is grappling with internal divisions over its chairman's re-appointment, as well as whether its holding company, Tata Sons, should list on the stock market—with its board favouring a listing to comply with RBI rules while its controlling shareholder, Tata Trusts, explores alternatives to avoid it.
(Reporting by Nishit Navin in Bengaluru; Editing by Harikrishnan Nair)
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