Tata Sons listing in limbo as Noel Tata, trustees clash over RBI mandate
Power struggle between Noel Tata and trustees Venu Srinivasan and Vijay Singh fractures Tata Trusts governance, leaving Tata Sons' listing uncertain. RBI rules require listing for entities with assets above Rs 1 lakh crore; Tata Sons holds Rs 1.75 lakh crore standalone, but Noel opposes the move.
Tata Sons listing remains uncertain amid a power struggle between Noel Tata and trustees Venu Srinivasan and Vijay Singh. RBI rules mandate listing for assets above Rs 1 lakh crore, but Noel Tata opposes it, fracturing Tata Trusts' governance.