New Delhi, Sept. 16 -- Tata Sons should begin the process of listing on the stock exchanges after the Reserve Bank of India (RBI) rejected its application for deregistration, according to a report by InGovern Research.

InGovern said the Tata Sons board should use the current situation to take an institutional decision on regulatory compliance, capital structure and the interests of various stakeholders, instead of pursuing prolonged litigation or alternative structures to remain unlisted.

It stated, "The RBI's rejection of the deregistration application has brought the listing question to the centre of the Group's agenda.. The time has come for the Board of Tata Sons to bell the cat and begin the process of listing Tata Sons in the best...