Tata Sons’ potential IPO valuation is estimated between ₹9-12.5 lakh crore., reflecting a discount on its underlying portfolio worth ₹15-16 lakh crore. Investors will price listed stakes and unlisted businesses, applying a holding company discount. The Reserve Bank of India rejected Tata Sons’ plea to remain private. This decision effectively mandates the conglomerate’s public listing soon.
Oil Price Today (September 14): Crude oil jumps 3% to near $108/barrel as Middle East tensions escalate. What are analysts warning?
Oil prices experienced a significant spike on Monday, approaching $108 per barrel, amid rising tensions in the Middle East. Recent attacks on vessels in the