Tata Sons faces renewed scrutiny after RBI tightened rules for upper-layer NBFCs, reinforcing pressure for mandatory listings above Rs 1 lakh crore in assets. While the conglomerate exceeds the threshold, its de-registration request remains pending. The listing debate has also exposed divisions within Tata Trusts, with leadership opposing a listing while some trustees publicly support it, highlighting internal discord.
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here’s why
Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal