Tata group values SP Group's 18% stake at Rs 80K cr, refutes Mistry's claims of 1.75 lakh cr

A $13 billion valuation mismatch is setting the stage for the next round of clash between the Tata Group and billionaire Pallonji Mistry’s conglomerate. The 18.4% stake owned by Mistry family in Tata Sons Pvt. is worth as much as 800 billion rupees ($10.9 billion), Tata’s lawyer Harish Salve told India’s Supreme Court on Tuesday.

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