Ratan Tata's Half Brother Refuses to Bail Out SP Group
Noel Tata has ruled out bailing out the SP Group amid the Tata Sons IPO row.
Both conglomerates have agreed not to pursue a Tata Sons IPO due to deepening boardroom tensions.
No further details were provided on the reasons behind Noel Tata's decision.
In other news, unrelated to the Tata Sons IPO row, a fire erupted in a train coach in Bihar, injuring one passenger.
Author's summary: Noel Tata refuses to bail out SP Group amid IPO row.
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