The company priced its IPO at $25 a share, raising $1.75bn, according to a statement. It had said earlier this month that it was seeking to achieve a valuation of up to $110bn — more than oil major BP ...
As long as Tata Sons cannot deregister itself as NBFC, the listing criteria of RBIs NBFCs in the Upper Layer (NBFC-UL) rule will hang on the company. If it does manage to deregister, then it can avoid ...