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Tata Sons may be valued up to Rs 12.5 lakh cr in IPO

Tata Sons' potential IPO valuation is estimated between ₹9-12.5 lakh crore., reflecting a discount on its underlying portfolio worth ₹15-16 lakh crore.

  • Tata Sons may IPO with valuation up to Rs 12.5 lakh crore.
  • IPO faces 41-45% holding company discount and 10-15% IPO price discount.
  • Unlisted portfolio includes ₹40,000 crore in losses.

Oil extends gains as supply fears deepen

Oil prices rose sharply on Monday, pushing Brent crude above US$107 a barrel as escalating tensions in the Middle East stoked fears of disruptions to global energy supplies.

  • Oil prices surpass $107 per barrel amid Middle East tensions
  • Saudi pipeline halt and Hormuz attack heighten supply fears
  • Oman delays Iran-Gulf talks, impacting crucial oil route

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