Sebi approves Tata Capital’s confidential DRHP for Rs 17,200 crore IPO
Tata Capital, a subsidiary of Tata Sons, is likely a step closer to launching its ₹17,200 crore initial public offering (IPO). Market regulator Securities and Exchange Board of India (Sebi) has cleared the non-banking financial company’s draft papers for the public issue, which were filed through the confidential route, said two people familiar with the…