mumbai, Sept. 29 -- Tata Trusts on Monday proposed merging two operating companies into Tata Sons, in a fresh bid to take the group's holding company out of the core investment company (CIC) category. The majority owner of Tata Sons believes the move could help the company comply with the Reserve Bank of India's (RBI) direction without having to list it on the stock exchanges. Tata Trusts, which owns 65.9% of Tata Sons, proposed to merge Tata Electronics Systems Solutions Pvt Ltd (Tess) and Tata Consulting Engineers (TCE) with Tata Sons. The merger will help the company skirt the tags of both a CIC and a non-banking financial company (NBFC), the philanthropic entities said. This is because the combined company will have net assets of Rs.2,0...