MUMBAI -- India's Tata Group is facing the painful prospect of a $24 billion share buyback to end a dispute with its longtime business partner, but market observers said it could also be a fresh opportunity for the conglomerate to form new strategic relationships.
Shapoorji Pallonji Group, the largest minority shareholder in Tata Sons, Tata Group's unlisted holding company, is planning to sell its entire 18.37% stake amid a complex legal battle with Tata's founding family.
