Country: India
Asia · 4 posts
When Charities Own the Company: The Tata Trusts and Tata Sons
Two years after Ratan Tata's death, the charities that own about 66% of Tata Sons are at odds with its board, and with each other, over a listing. How charity ownership works, and where it can jam.
The Ambani Heirs Take Jio to Market: Raising Money Without Losing Control
Jio Platforms is preparing India's largest IPO by selling under 3% of itself in new shares. How the deal works, why the family keeps control, and how investors judge the heirs.
Who Owns the Family Firm? The TVS Succession Dispute
Venu Srinivasan's family reportedly disagrees over whether a 2024 memorandum divided the TVS businesses for good. A lesson in splitting companies without splitting value.
A Listing Three Layers Deep: Airtel Money Goes Public in London
Airtel Money began trading in London on 9 October at a £5.3 billion valuation, with no new money raised. How the Mittal group keeps control by listing its businesses one layer at a time.