Question

In: Economics

why would Tata's Power need to seperate from the Tata Group?

why would Tata's Power need to seperate from the Tata Group?

Solutions

Expert Solution

TATA Power is a cash guzzler but generates very little profit. Yet, when it’s embarking on its biggest buyout, a principal shareholder is kept in the dark. That’s unprecedented in Bombay House (Tata Group headquarters)," said an old-time group insider.

This is the reason why Tata power needs to separate from Tata group.


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