Shapoor Mistry, chairman of the Shapoorji Pallonji Group, has backed a public listing of Tata Sons, saying it would improve transparency and accountability. The SP Group owns about 18.4 per cent, while Tata Trusts hold about 66 per cent
The Reserve Bank of India has rejected Tata Sons’ application to surrender its core investment company registration, effectively forcing the Tata Group’s holding company to comply with mandatory listing requirements.
