BusinessAI imageRBI Files Caveat After Rejecting Tata Sons' Listing Exemption Bid
The Reserve Bank of India (RBI) has filed a caveat in the High Court after rejecting Tata Sons' request to avoid mandatory stock market listing. Tata Sons had sought exemption from listing rules, but RBI denied this, prompting the caveat. Tata Sons is reportedly considering splitting the company to bypass the IPO requirement following RBI's decision.
Reuters·


