Tata Sons listing could jeopardize long‑term investments, warns veteran adviser
In an interview, longtime Tata Group veteran Farokh Subedar, a close adviser to Noel Tata, argues that a public listing of Tata Sons would force approval from external shareholders for large, long‑gestation investments like Air India and Tata Electronics, creating uncertainty and risking the group’s ability to fund such projects. He cautions that the loss of private privilege could undermine confidence among depositors and lenders.