BusinessTata Trusts Proposes Merger to Change Tata Sons' Regulatory Status
Tata Trusts proposed merging Tata Electronics Systems Solutions Pvt Ltd and Tata Consulting Engineers with Tata Sons to change the group's holding company status. This move aims to comply with RBI regulations without listing Tata Sons on stock exchanges. The merger will reduce the classification of Tata Sons as a core investment company and non-banking financial company by adjusting asset and revenue composition.
HT Business·4h ago


