Why is Tata Sons Selling TCS Shares Worth 9362 Crores?
In a significant move that has caught the attention of the financial markets, Tata Sons, the principal holding company of the Tata Group, has announced its decision to offload a 0.65% stake in Tata Consultancy Services (TCS), one of its crown jewels. This transaction, involving the sale of 23.4 million shares at a floor price…