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Tata Sons May Resist RBI's IPO Push, Says IiAS's Dalal
Source: Bloomberg
IPOs & SPACsRegulation & LegislationManagement & Governance
Tata Sons is expected to resist the Reserve Bank of India's effort to require the holding company to list, according to IiAS COO and President Hetal Dalal. Dalal said an IPO could limit the Tata group's operating flexibility, creating regulatory and governance uncertainty around a potential public offering.
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