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Noel Tata opposes Tata Sons listing, warns RBI of risks to Tata Trusts’ philanthropic mission

Noel Tata has raised concerns with the RBI over a potential Tata Sons listing, warning it could dilute patient capital allocation and disrupt funding for Tata Trusts’ philanthropic initiatives. The debate has intensified ahead of key board meetings, exposing differing views within the Trusts over governance and long-term strategy

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