Tatas in talks with GIC to sell roads business
MUMBAI: Tata Realty and Infrastructure (TRIL), a wholly-owned unit of Tata Sons, is set to exit the roads business by selling four of its projects, for which preliminary talks are on with Singaporean sovereign fund GIC Pte, two people aware of negotiations told ET.
Subsidiary TRIL Roads Pvt Ltd owns the four National Highways Authority of India (NHAI) toll road projects on offer.
