Tata Sons repays debt to ‘avoid’ going public: Reduces stake in TCS and more
Tata Sons has voluntarily surrendered its registration certificate to the RBI after repaying over Rs 20,000 crore in debt. This strategic decision allows it to remain unlisted. Additionally, Tata Sons sold shares in TCS and received substantial dividends from its listed companies such as TCS, Tata Motors, and Tata Steel.