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Tata Sons to invest Rs 10,000 crore in group companies

Tata Sons to invest Rs 10,000 crore in group companies

Wednesday, March 29, 2017, 7:32 AM

Among the first decisions taken by N Chandrasekaran as chairman of Tata Sons was to tighten the holding company’s control over the $103-billion conglomerate, recently shaken up by power struggle between Cyrus Mistry and Ratan Tata. The Tata Sons board approved resolution to invest up to Rs.10,000 crore in various Tata group companies at the first board meeting chaired by Chandrasekaran.
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