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    <title>SP Group backs Tata Sons listing, bolstering board&#039;s push despite Trusts&#039; opposition</title>
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    <description>Tata Sons&#039; status as an upper-layer non-banking financial company has brought its proposed public listing into focus after the Reserve Bank of India rejected its application to voluntarily surrender core investment company registration. Tata Sons is required to take steps to comply with the enhanced regulatory framework applicable to upper-layer NBFCs, which includes stock-market listing. Classified in 2022, Tata Sons did not meet the original listing deadline and had pursued deregistration after repaying debt.</description>
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