Tata Sons ended 2020 as the largest promoter of listed companies in India, overtaking the central government. Tata Sons' stake in the group's listed companies is now worth ₹9.28 lakh crore, up 34.4% from a year ago, according to Business Standard's calculations. The government's stake in listed central public sector undertakings is valued at ₹9.24 lakh crore, down 19.7% year-on-year.