Multiple choice

Tata group' s holding company Tata sons-has made Tata Investment Corporation Ltd. Its subsidiary by consolidating its stake to around ___ percent.

  1. 25

  2. 35

  3. 55

  4. 65

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Tata Sons, the holding company of the Tata Group, consolidated its stake in Tata Investment Corporation Ltd to around 55% in 2008, making it a subsidiary. This was part of Tata's corporate restructuring to strengthen control over its investment arm.