India: Share pledges are latest bone of contention in Tata-Mistry rivalry

India: Share pledges are latest bone of contention in Tata-Mistry rivalry

Tata Sons Ltd will challenge the Shapoorji Pallonji Group’s plan to raise funds by pledging shares in the Tata group holding company, a person aware of the matter said, sparking a new flashpoint in their simmering corporate rivalry.