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The Economic Times
The Economic Times
National

Noel Tata says Tata Sons' proposed restructuring complies with RBI rules, could avoid listing

Tata Sons Noel Tata RBI Trusts Tata Trusts ET Reserve Bank of India Tata Group

Tata Trusts Chairman Noel Tata said the charity’s proposed restructuring of Tata Sons complies with Reserve Bank of India's guidelines and could help the conglomerate avoid a stock market listing, Reuters reported on Tuesday.

This comes a day after The Economic Times reported that Tata Trusts had proposed merging two group companies with Tata Sons, the conglomerate’s holding company.

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