Tata Sons has no way out from listing: InGovern
Attempt to circumvent mandatory listing obligations under the scale-based regulatory framework is incompatible with current standards of financial oversight, says InGovern report Markets advocacy group InGovern has said that the Reserve Bank of India's April 10 and 29 directions on upper-layer non-banking financial companies (NBFCs) leave the Tata Group with no option but to go public. It termed Tata Sons'…
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