1. Nirmala Sitharaman urges Tata Sons and Tata Trusts to settle dispute privately

Nirmala Sitharaman urges Tata Sons and Tata Trusts to settle dispute privately

India

  • FM Nirmala Sitharaman urged Tata Sons and Tata Trusts on Monday to settle their dispute privately.
  • Sitharaman called the matter delicate and a critical component of the Indian economy.
  • The two sides differ over the proposed listing of Tata Sons and Chandrasekaran staying as chairman.
  • Tata Trusts owns about 66% of Tata Sons, with the Shapoorji Pallonji Group on about 18.4%.

Source: ndtv.com

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