The Economic Times

Shapoorji Pallonji welcomes RBI decision on Tata Sons listing; seeks closer ties with Tata Trusts

The Reserve Bank of India has set expectations for Tata Sons to meet its listing criteria. Shapoorji Pallonji Mistry welcomed the decision, highlighting a positive outlook, while Tata Trusts expressed their firm opposition and will explore other avenues beyond a public listing. The Shapoorji Pallonji Group looks to capitalize on its stake in Tata Sons, as both factions emphasize the importance of constructive dialogue and strengthened ties in the future.