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Shapoorji Pallonji backs potential Tata Sons holding-company listing

Shapoorji Pallonji Group, Tata Sons’ second-largest shareholder, backed a potential listing of the Tata conglomerate’s holding company.

Shapoorji Pallonji Group, Tata Sons’ second-largest shareholder, on Friday supported a possible listing of the holding company of the Tata conglomerate, a move that could alter ownership of the group. The backing came a day after Tata Sons’ board said it would…