BusinessTata Trusts Propose Tata Sons Revamp to Avoid Stock Listing
Tata Trusts chairman Noel Tata said the proposed reorganisation of Tata Sons complies with RBI guidelines and could help the conglomerate avoid a stock market listing. Tata Trusts, owning 66% of Tata Sons, proposed merging two Tata Group companies with the holding company to sidestep RBI's listing requirement. Noel Tata hopes RBI will find a solution to avoid listing, citing concerns over market scrutiny and operational changes.
Business Standard·3h ago



