RBI mandates Tata Sons IPO, overriding family opposition

India's central bank has directed Tata Sons, the holding company of the Tata Group, to list on the stock exchange, a move opposed by the Tata family patriarch due to concerns over loss of decision-making control. The directive, likely under RBI's upper-layer NBFC rules, forces a major corporate governance shift with implications for the group's capital structure and family influence.