The Tatas: Listing may put profits ahead of philanthropy, says Noel Tata

Virendra Pandit New Delhi: Amid controversies, Tata Trusts Chairman Noel Tata on Saturday expressed concern that a proposed public listing of Tata Sons could fundamentally alter the group's traditional business philosophy, warning that a wider shareholder base may eventually place profits ahead of philanthropy, the media reported. “My worry is that listing, which is (…)

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