Tata Sons: Venu, Vijay Singh query Noel’s merger plan to avoid Tata Sons IPO
(File photo): RBI declined Tata Sons’ deregistration application on Sept 11 and directed the company to comply immediately with rules for non-banking finance companies (NBFCs) in the upper layer category. MUMBAI: Tata Trusts vice-chairmen Venu Srinivasan and Vijay Singh have challenged chairman Noel Tata’s proposal to merge two Tata Sons subsidiaries into the holding company…