{
  "id": 8181170,
  "title": "India's Tata Group stocks fall after SP Group unveils US$2.6bil stake sale plan",
  "url": "https://urgent.news/2026/09/18/indias-tata-group-stocks-fall-after-sp-group-unveils-us-2-6bil-stake",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T05:14:34.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/09/1535384/indias-tata-group-stocks-fall-after-sp-group-unveils-us26bil"
  },
  "original_language": "en",
  "account": "BENGALURU - Tata Group stocks faced a decline on Friday following Shapoorji Pallonji Group's announcement of a plan to sell a stake in Tata Sons. As the market opened at 9.40am IST, Tata Chemicals plummeted by 7.8%, Tata Investment Corporation fell by 3.9%, Tata Motors Passenger Vehicles dropped by 2.6%, and Tata Power saw a 1.4% decrease. Tata Steel experienced a minor drop of 0.15%, Tata Motors suffered a 0.48% decline, and Tata Elxsi fell by 1.09%. However, Tata Capital managed to rise by 1.1%. The drop in Tata Group stocks reversed some of the gains made earlier on Thursday when Tata Sons decided to reappoint N Chandrasekaran as chairman for another five years and consider a public listing. Shapoorji Pallonji Group, which is Tata Sons' second-largest shareholder, proposed the sale of a portion of its stake in Tata Sons through a share buyout in two tranches over 18 months. This sale would generate at least 250 billion rupees (US$2.61 billion) for SP Group.",
  "summary": "BENGALURU: Shares of most Tata Group stocks fell on Friday, a day after Shapoorji Pallonji Group proposed selling a portion of its stake in holding company Tata Sons for at least 250 billion rupees (US$2.61 billion).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Tata Group stocks fall 8% as Tata Trusts calls Chandrasekaran’s extension illegal",
        "url": "https://urgent.news/2026/09/18/tata-group-stocks-fall-8-as-tata-trusts-calls-chandrasekarans",
        "published": "2026-09-18T03:53:11.000Z"
      },
      {
        "outlet": "Free Press Journal",
        "title": "Tata Group Stocks Fall Up To 7% As Uncertainty Mounts Over Tata Sons Listing After Noel Opposes Chandra's Reappointment",
        "url": "https://urgent.news/2026/09/18/tata-group-stocks-fall-up-to-7-as-uncertainty-mounts-over-tata-sons",
        "published": "2026-09-18T05:22:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}