Friday, 24 March, 2023

Number of Publicly Traded Firms Under Tata Sons Will Drop From 29 To 15: Report

<p>In the upcoming months, Tata Sons will reduce the number of listed firms from 29 to 15. This is being done to concentrate investment efforts on larger companies that can successfully compete in the market. The conglomerate&#39;s leaders were mentioned in the report as claiming that it is accelerating its simplification to better concentrate on the expansion and scale of the business. Additionally, it can result in larger businesses receiving greater cash inflow.</p>