The Covid-19 pandemic seems to have had little impact on Tata Sons’ finances. The owner and promoter of the country’s largest business group in the private sector is set to earn an all-time high dividend income from its listed companies for FY21.
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This includes the proceeds from share buyback. Tata Sons is expected to receive a payout of around Rs 22,000 crore from the listed group companies for FY21, as against Rs 20,600 crore in FY20.