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Tata Trusts moots two mergers to avoid Tata Sons listing
The proposed Tata Sons restructuring would involve absorbing Tata Electronics and Tata Consulting Engineers to remove the IPO overhang on the holding company.
Mumbai: Tata Trusts has proposed merging two operating companies into Tata Sons Pvt. Ltd., in a fresh bid to take the group’s holding company out of the core investment company (CIC) category, a move it believes could help the company comply with the... [6169 chars]
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