1. Six Parsi organisations urge PM Modi to protect Tata Group's legacy

Six Parsi organisations urge PM Modi to protect Tata Group's legacy

India

  • Six Parsi & Zoroastrian organisations wrote to PM Modi, raising concerns over Tata Sons' possible stock market listing.
  • They warned that listing could weaken the Tata Group's charitable work & long-term business values.
  • Tata Trusts owns around 66% of Tata Sons & supports keeping the company privately held.
  • • Organisations urged government intervention to protect Tata's 150-year legacy amid ongoing ownership & regulatory disputes.

Source: moneycontrol.com

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