Reports earlier claimed that Tata Sons’ board backed a fresh five-year term for Chandrasekaran and cleared the company’s long-pending listing plan despite Noel Tata voting against the reappointment
The RBI has rejected Tata Sons' application to surrender its NBFC registration and filed a caveat in the Bombay High Court. The move could compel the Tata group holding company to list, amid shareholder differences and continuing leadership challenges