Tata-Cyrus could be a talking point in Sebi board meeting

Board will be apprised on ongoing inquiry in Tata firms on alleged breach of corp governance norms

The alleged breach of corporate governance norms by the Tata group is likely to be a talking point at the board meeting of the market regulator Securities and Exchange Board of India (Sebi) scheduled for later this week. According to Sebi official, the issue is part of the board agenda, which also includes other items like easing of the municipal bond framework and allowing digital payments for purchase of mutual funds.

The Sebi board, which consists of finance ministry and Reserve Bank of India (RBI) officials, is likely to be apprised on the ongoing scrutiny of the listed Tata group companies.