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Tata family patriarch Noel Tata says public listing may limit Tata Sons' ability to backstop group firms
Noel Tata, patriarch of the founding family of Tata Sons Pvt., stated in a rare public interview that a public listing could constrain the Indian conglomerate's ability to support its group companies in times of trouble. His comments come nearly two weeks after a boardroom dispute erupted at one of India’s largest conglomerates.
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