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At Tata Sons, the leadership and ownership dispute has intensified after the board backed N. Chandrasekaran for another five-year term, while Tata Trusts Chairman Noel Tata opposed the reappointment. Noel Tata has also tabled a Shapoorji Pallonji Group proposal seeking to monetise part of its Tata Sons stake and raise at least ₹25,000 crore in liquidity. The Tata Sons listing question remains unresolved amid the RBI’s regulatory decision.
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