Tata Sons Listing a ‘Necessary Evolution,’ Says Shapoorji Pallonji Mistry; Seeks RBI Clarity
MUMBAI – In a move that intensifies the spotlight on India’s most anticipated potential IPO, Shapoorji Pallonji (SP) Mistry, Chairman of the SP Group, on Friday described the listing of Tata Sons as a “necessary evolution” for the conglomerate. The statement comes as the Reserve Bank of India (RBI) prepares to overhaul the regulatory framework…