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Top headlines: Tata largest listed cos promoter; Budget to boost investment

Tata Sons overtakes govt as largest promoter of listed companies Tata Sons ended the calendar year as the largest promoter of listed companies in the country, ahead of the central government. For the first time in nearly two decades, the government is no longer the largest promoter group on the bourses, thanks to a double-digit decline in the market capitalisation of government owned and promoted companies during the calendar year. Read here CEOs expect Budget 2021 to kick-start next wave of investment cycle With a tumultuous year behind them, chief executive officers (CEOs) in India are eyeing the 2021 Budget to help kick-start the next wave of the investment cycle, which was hit by the Covid-19 pandemic.

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