Tata Group stocks fall up to 7% amid Tata Sons' power struggle
Shares of Tata group companies fell on Friday, reversing some gains from the previous session, amid an ongoing power struggle between Tata Sons and Tata Trusts over leadership control and regulatory compliance. Tata Chemicals slumped 7.6%, while Tata Investment Corporation dropped 3.1% and TCS fell 3.64%. Shares of Tata Motors declined 1.36%, while Tata Power lost 1.6% during early trading.