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Tata Group Stocks Rally Up To 20% After RBI Rejects Tata Sons’ Bid To Stay Private

Tata Group Stocks Rally Up To 20% After RBI Rejects Tata Sons’ Bid To Stay Private
Photo: Free Press Journal · view original

Shares of several Tata Group companies jumped sharply on Tuesday after the Reserve Bank of India rejected Tata Sons’ application to retain its private status. The development fuelled expectations that the holding company of the Tata conglomerate may eventually be required to list its shares on st...

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