The Tata Group chairman laid out his vision in a gathering of Tata group leaders and urged group chief executives to intensify efforts in propelling growth and fostering additional momentum across key sectors
The IPO could hit the market by the end of 2024. Separately, the conglomerate is also considering transferring some of its non-core assets to Tata Capital. The Tata Group is planning to bring about an IPO to restructure operations and make the company public.
After Tata Tech IPO became a hit, Tata Group is revving up for a public listing spree. Up to 8 companies, including BigBasket and Tata Electric Vehicles, could hit the stock market in the next few years to fuel growth and unlock value.
Tata Capital is an RBI-registered non-deposit-accepting core investment company, which holds investments in its subsidiaries, which are engaged in lending and offering a wide array of services and products in the financial services sector.