From Breakingviews - Breakingviews - COMMENTARY: Tata bears marks of quasi-nationalisation ↧ ↧ Breakingviews - COMMENTARY: Tata bears marks of quasi-nationalisation A forced IPO of its holding company points to ​creeping official control over the $260 bln chips-to-power group. The resulting boardroom ‌battle is a test of regulatory and judicial independence and the outcome will establish new boundaries for private enterprise in the country.