Tata Sons to Sell TCS Shares in Block Deal to Raise $1.1 Billion
Zee Business Video Team | Updated: March 19, 2024 02:18 PM IST
Tata Sons plans to sell 2.34 crore shares of TCS at a discounted price through block deals, seeking to raise $1.1 billion. The move comes amidst Tata Group's strategic focus and anticipation of Tata Sons' potential IPO, projected to be the largest ever.