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Rakesh Jhunjhunwala on Mistry-Tata fallout; says 'Expect Tatas to buy back some stake held by SP'

The Shapoorji Pallonji Group has said that they have cash flow issues and that they are willing to sell their family silver. Will the Tata Sons but it back and if they do, where will the fund come from for this?

Big Bull Rakesh Jhunjhunwala speaks about the Tata Group and says that he thinks they will buyback. He said that without a plan they will not tell the court that they will buy it. He also talks about whether the Tata Group will buy it from the cashflow of TCS, there is a possibility of buying back by selling a stake in the company of TCS but you can't buy back using the cashflow. TCS cannot buy Tata sons shares because it a subsidiary in the Tata Group.