 "Tata Group")
Tata Trusts will be left with a Rs 1.8 billion direct holding across four Tata Group firms once it sells its 7 per cent stake in Indian Hotels to Tata Sons. The stake is worth around Rs 10 billion.
The highest stake, worth about Rs 820 million, will be in Tata Steel. Tata Motors and Tata Chemicals will be left with stakes worth Rs 660 million and Rs 257 million, respectively. The remaining stakes will be around Rs 44 million in Tata Power and Rs 20 million in Tata Investment Corporation.
“There is an ongoing exercise being undertaken to simplify
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