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Tata Sons preparing for Tata Capital IPO with potential lookout for bankers: Report

The IPO could hit the market by the end of 2024. Separately, the conglomerate is also considering transferring some of its non-core assets to Tata Capital. The Tata Group is planning to bring about an IPO to restructure operations and make the company public. ....

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Tata Group approaches RBI to seek regulatory waiver to avoid listing as NBFC: Report

The RBI circular dated October 22, 2021, directed that NBFC-UL should be mandatorily listed within 3 years of identification as NBFC-UL. The central bank classified Tata Sons as an “upper layer” NBFC in 2022. ....

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Tata Group seeks waiver from RBI to avoid Tata Sons IPO: Report

If Tata Sons reorganises debt by repaying borrowing or transferring the holding in Tata Capital to another entity, it may get deregistered as a core investment company (CIC) and upper-layer NBFC. ....

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