Krishna Kant

Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium

The BSE Sensex has fallen 6.8% since the end of September 2025, with its trailing P/E multiple down 10.8%

Analysts attribute this to a weak demand for long-term capital in the country

Family-owned companies accounted for 72 per cent of the combined revenues of listed firms in FY26, up from 50 per cent in FY01

High energy prices weighed on margins, but profit grew 16%

He used the dividend bonanza to invest nearly ₹1 trillion in group unlisted companies and new ventures, more than its predecessors

N Chandrasekaran's exit comes as Tata Group faces twin challenges from AI-led disruption at TCS and mounting losses and a delayed turnaround at Air India

N Chandrasekaran's Tata Sons remuneration rose 14.1% annually over eight years, outpacing profit growth at the group's listed companies and Tata Sons

Tata companies' combined adjusted profit rose just 1.2% in FY26, while their combined market capitalisation fell 16.9%, underperforming the Nifty 50.

As Tata Sons faces a listing question, here is a look at other holding companies and their financial might

Unusual price gaps between NSE and BSE have created short-lived arbitrage opportunities for high-frequency traders, with several Nifty 50 stocks trading at divergent prices

The dropout rate of companies in index surged in post-liberalisation economy, even as Indian equities joined the global asset pool, with the entry of foreign institutional investors in the late 1990s

Tata Sons' consolidated profit fell 35.7% in FY26 to ₹17,923 crore as losses at Air India, Tata Digital and other unlisted ventures weighed on earnings

Temasek plans to invest another $9-10 billion in India, betting on consumer-led growth, AI applications, healthcare, financial services and renewable energy

Early Q1FY27 results show corporate profit growth at an 11-quarter high, led by banks, Reliance Industries, IT services and metal companies

Reliance Industries beats expectations in an all-round Q1 show

Reliance Industries, Hindalco Industries and ONGC are expected to lead the growth charts in revenue

The combined market value of TCS, Infosys, Wipro, HCL Technologies and Tech Mahindra has declined 46.2 per cent from a record ₹33.71 trillion at the end of August 2024 to ₹18.15 trillion

High-dividend stocks offer steady income alongside capital appreciation, making them attractive as payout growth and valuations create fresh buying opportunities

As telecom, retail and digital businesses contribute larger share of revenue, Mukesh Ambani says Reliance's O2C and oil & gas divisions remain crucial cash generators and key drivers of future growth