Tata clarifies on creating holding company to park Tata Motors' demerged businesses

Tata Motors clarified that its demerger into separate passenger and commercial vehicle businesses will not involve creating a holding company, as previously reported. The company emphasized that the demerger process, already underway and approved by the NCLT, involves dividing the company into two listed entities, ensuring focused strategies and enhanced agility for each business.

from Auto-Industry-Economic Times https://ift.tt/vEPl02j