India's Tata Capital sets IPO price band; promoter Tata Investment jumps

About this update from Tata Investment Corporation Limited

** Shares of Tata Investment NSE:TATAINVEST rise 4.1% to 9,022 rupees** Tata Capital ** TINV, the investment arm of group company Tata Sons, is a promoter - an Indian term for large shareholders - of Tata Capital** TATC is aiming for a valuation of about $15 billion for its $1.75 billion IPO, according to Reuters' calculations ** This makes it the country's biggest listing so far in 2025** TINV shares are up 27% in 2025 so far, exchange data shows

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