Posted inTrends

Tata Sons prioritizes financial independence and discontinues debt support for new businesses

Tata Sons has directed its subsidiaries, this includes Air India, Tata Digital or Tata Electronics, to independently assume their debts and liabilities as part of a strategic alteration. Consequently, this practice that was widely used by the Tata Group, of providing leadership with financial aid in the form of cross default clauses and letters of […]