Tata Sons Faces Setback as Proxy Advisory Firm Urges Reserve Bank of India to Reject Application
MUMBAI, May 02 : A fresh corporate governance debate has emerged after InGovern Research urged the Reserve Bank of India to reject Tata Sons’ application to surrender its financial licence and instead direct the holding company to list on Indian stock exchanges by March 2027.
The proxy advisory firm alleged that the move by Tata Sons was a…
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