IPO deadline looms on Tata Sons as RBI yet to decide on its plea
1 hour ago · Time seems to be rapidly ticking for Tata Sons to go public on the stock exchange, with RBI yet to take a call on its application to surrender its registration as a core investment company (CIC ...
Tata Sons Faces IPO Controversy Amid Eftorts to Avoid Listing …
4 hours ago · Tata Sons seeks to bypass RBI's public listing mandate, raising concerns about regulatory integrity and potential conflicts of interest. With less than a year remaining for Tata Sons to comply ...
Tata Sons Faces IPO Controversy Amid Eftorts to Avoid Listing
4 hours ago · Tata Sons aims to bypass RBI’s SBR compliance by surrendering its registration. Critics highlight potential conflicts due to Venu Srinivasan’s dual role on the RBI board. ... Business News ...
Tata Sons Faces IPO Controversy Amid Efforts to Avoid Listing …
5 hours ago · (SBR) framework, the company is attempting to bypass this requirement. Tata Sons has applied to voluntarily surrender its registration with the RBI, which would remove it from regulatory oversight, exempting the company from the SBR guidelines for systemically important non-banking financial companies (NBFCs). Market experts warn that if the RBI accepts Tata Sons’ request, it could undermine ...
Tata Sons IPO: This request turned down by RBI? Reason?
Oct 19, 2024 · Back in April this year, Tata Sons had submitted a proposal to the RBI to secure waiver on IPO. Post RBI move to turn down the request, Tata Sons will be required to mandatorily list by September 2025 as per the RBI's upper layer NBFC rule.
Tata Sons repays ₹ 20,000 crore debt to avoid mandatory listing
Tata Sons voluntarily surrendered its certificate of registration to the Reserve Bank of India (RBI) after repaying over ₹ 20,000 crore in debt in order to remain an unlisted entity, it was ...
Tata Sons' IPO unlikely soon, company seeking options to comply …
Mar 9, 2024 · Tata Sons is considering various avenues to adhere to the Reserve Bank of India's (RBI) mandates regarding upper-tier Non-Banking Financial Companies (NBFCs).
RBI norms may force Tata Sons to consider mega IPO
Mar 9, 2024 · RBI norms may force Tata Sons to consider mega IPO With an estimated valuation of Rs 11 lakh crore, Tata Sons is reportedly looking to sell 5 per cent in the IPO, which makes up to about Rs 55,000 crore, according to a report by a broking firm.
How Tata Trusts controls Tata Sons, the company that owns all …
Tata Trusts is the philanthropic arm of the Tata Group, which also happens to own about 66% of Tata Sons, the private holding company which owns stakes in all Tata group companies.
Tata Sons May Be Valued at Up to $96 Billion in IPO, Spark Says
Mar 5, 2024 · Tata Sons Ltd. may fetch a valuation of as much as 8 trillion rupees ($96 billion) in an initial public offering that could potentially take place within the next 18 months, according to Mumbai...