Tata Trusts propose merging 2 firms with Tata Sons to avoid RBI listing mandate
Tata Trusts proposed merging Tata Electronics Systems Solutions Pvt Ltd and Tata Consulting Engineers into Tata Sons. This restructuring aims to redefine Tata Sons' regulatory classification to avoid additional regulatory burdens. The proposal requires a no-objection certificate from the Reserve Bank of India before any actions can be taken.