Tata Trusts Proposes Tata Sons Restructuring To Shed NBFC Tag

Tata Trusts have proposed a strategic reorganisation of Tata Sons that could alter the structure of the Tata Group's holding company while allowing it to remain an unlisted private company. The proposal comes after the Reserve Bank of India rejected Tata Sons' request to surrender its registration as a core investment company, putting the group under pressure to find a way to comply with the central bank's regulatory framework.