Group holding company Tata Sons will offer shares of Tata Capital to Tata Motors. This will give India’s third-largest carmaker by volume a minority stake in Tata Capital.
The Indian stock market has witnessed a sharp correction since the Iran-US-Israel conflict escalated in late February, with the Nifty 50 falling over 7%. Several
Foreign institutional investors reduced stakes across over 100 large-cap stocks in the past two quarters, with 13 names falling up to 40%. Despite the selling
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