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Proxy advisory firm asks RBI to reject Tata Sons’ application
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A research firm urged the RBI to reject Tata Sons' bid to surrender its financial license, calling it a tactic to avoid mandatory listing. The firm argued the application is invalid due to past RBI directives and an expired listing deadline. Without a listing, Tata Sons would escape SEBI's oversight, leaving crucial group transactions and capital allocation opaque to investors. What's Your Reaction?
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