Economic TimesLean R·
Tata Chemicals shares rise 4% on hopes of Tata Sons listing after RBI’s new norms
Shares of Tata Chemicals jumped as much as 4% to Rs 770 on Thursday after the Reserve Bank of India (RBI) unveiled new regulations that appear to leave little room for Tata Sons, the unlisted holding company of the country's largest conglomerate, to avoid a stock market listing.Shares of Tata Chemicals, Tata Investment Corporation and other group companies may benefit if Tata Sons gets listed. Tata Chemicals owns a 3% stake in Tata Sons, the value of this stake could be around Rs 20,000 crore, …
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