Analysts expect the Reserve Bank of India to lift the repo rate by 25 basis points, its first increase in nearly four years, while equity indices endure an eight‑week losing streak.
Posts tagged as “RBI”
Tata Trusts has outlined a plan to merge two subsidiaries with Tata Sons, aiming to remove NBFC and CIC classifications and avoid a mandatory public listing.
Noel Tata urged a split of Tata Sons at a September board meeting, offering an alternative to the Reserve Bank of India's push for a public listing.
Shapoorji Pallonji Group chairman Shapoorji Pallonji Mistry praised the RBI’s ruling on Tata Sons’ listing, while Tata Group shares fell after the holding company confirmed a public‑listing plan and reappointed N. Chandrasekaran.
Shares of Tata Group companies jumped on September 15 after the RBI rejected Tata Sons' request to surrender its core investment company status, reviving expectations of a public listing.