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Tata chief exit frames a challenge and opportunity
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The Indian Express
Disagreements have also come to light between the Tata trustees — Mehli Mistry has clashed with Noel Tata and other trustees.
For one, the matter of listing Tata Sons.
Tata Sons is in the RBI’s Upper Layer list of non-banking financial companies, which requires it to be listed on the exchanges.
But, this is not favoured by others, including Noel Tata.
The application by Tata Sons to deregister as a core investment company is still under consideration.