Tata Sons repays Rs 20,000-crore debt to ‘avoid’ going public: Reduces stake in TCS and more – Times of India
Tata Sons, the holding entity of the $410-billion Tata Group, recently sought to voluntarily surrender its certificate of registration to the Reserve Bank of India (RBI) after repaying more than Rs 20,000 crore in debt in a strategic move that allows it to remain an unlisted, closely held company.The company in its annual report said…