Amid Tata group power struggle, Shapoor Mistry backs RBI's call on Tata Sons listing
Shapoor Mistry, Chairman of the Shapoorji Pallonji Group, endorsed the Reserve Bank of India's decision mandating Tata Sons to follow regulations for upper-layer non-bank financial companies. He emphasized that this should not be seen as a victory for any one stakeholder but as a step towards enhanced transparency. The implications for Tata Sons could unfold as compliance progresses.