5 hurdles facing Noel Tata and an unlisted Tata Sons
Tata Trusts chief’s negotiation skills to be tested to the hilt MUMBAI: Noel Tata’s plan to keep Tata Sons private faces five hurdles, the steepest of which is a Reserve Bank of India (RBI) that has already refused to release the group’s holding company from its rules. The chairman of Tata Trusts has proposed merging…