Tata Trusts’ bid to reorganise Tata Sons could face regulatory hurdles

Tata Trusts’ bid to reorganise Tata Sons Pvt Ltd (TSPL) by merging Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE) with the TSPL, so that the holding company of the Tata Group can shed the classification of a non-banking finance company (NBFC) and a core invest…