Board should consider Tata Sons listing amid RBI, SP Group IPO push: Shriram Subramanian

Subramanian, founder of InGovern, believes the Tata Sons board should consider listing the company due to pressure from the RBI and the desire of Shapoorji Pallonji Group. He argues that this would require transparency regarding unlisted Tata entities and their financial performance. While Natarajan Chandrasekaran's reappointment as Chairman is supported, Subramanian believes a longer term is necessary for such a complex conglomerate to demonstrate results. The Tata Trusts, however, remain hesitant about listing, preferring the current private structure.