India, April 11 -- SP Group Chairman Shapoorji Pallonji Mistry on Friday again pressed for listing of Tata Sons, saying it is not merely a regulatory compliance but a necessary evolution in the public interest, reposing faith in the Government and RBI to "act decisively" on the matter.
In a statement, Mistry said the SP Group has "full faith in the Government of India and the Reserve Bank of India to act decisively" on the matter of listing of Tata Sons - the holding company of the coffee-to-cars-and-software conglomerate.
So far, no clear evidence-based case has been presented to explain how a public listing would materially damage the interests of the Tata Trusts or reduce their ability to serve beneficiaries, he added.
Mistry's comm...
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