Tata Trusts Propose Merger to Help Tata Sons Avoid RBI Listing Requirement

Tata Trusts have proposed merging two operating companies with Tata Sons in an attempt to change the conglomerate’s regulatory status and potentially avoid a stock-market listing that the Reserve Bank of India has pushed the group toward. The proposal, announced Monday, would combine Tata Electronics Systems and Tata Consulting Engineers with Tata Sons, transforming the […]

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