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Tata transition, IPO won’t hit ratings: S&P

Potential leadership transition and listing of Tata Sons would not immediately affect the ratings of the companies in the salt-to-software conglomerate, S&P Global said on Tuesday, saying that changes to the financial policies are likely to be gradual.The comments by the ratings agency come amid a deepening boardroom rift at India's Tata group, with controlling charities at odds with management over the reappointment of Chairman N Chandrasekaran and the response to a listing mandate for the…

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Economic TimesLean R·1h ago
Tata transition, IPO won’t hit ratings: S&P
Potential leadership transition and listing of Tata Sons would not immediately affect the ratings of the companies in the salt-to-software conglomerate, S&P Global said on Tuesday, saying that changes to the financial policies are likely to be gradual.The comments by the ratings agency come amid a deepening boardroom rift at India's Tata group, with controlling charities at odds with management over the reappointment of Chairman N Chandrasekaran and the response to a listing mandate for the…
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Tata transition, IPO won’t hit ratings: S&P

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