Ratan Tata's Half Brother Noel Tata Refuses to Bail Out SP Group
Noel Tata has ruled out bailing out the SP Group amidst the Tata Sons IPO row.
Both conglomerates have agreed not to pursue a Tata Sons IPO due to deepening boardroom tensions.
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No official statement has been released by the parties involved.
Author's summary: Noel Tata refuses to bail out SP Group amid IPO row.