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BusinessShapoorji Pallonji Group, with 18.4% Tata

BusinessShapoorji Pallonji Group, with 18.4% Tata Sons stake, backs its public listing

· National - India · timesofindia.com

A day after Tata Trusts chairman Noel Tata warned that a listing "will destroy" Tata Sons' character and "strike at the heart" of an operating model that "has stood the test of time for more than a century", Shapoorji Pallonji Group (SPG) chairman Shapoor Mistry took the contrary view, describing a public listing as a "social and moral imperative" and deepening a rare public rift between two of the company's largest shareholders.

Original source: timesofindia.com
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