Noel Tata

Darius Khambata is stepping down over differences following the September 17 Tata Sons board meeting, which he said had 'damaged' the company's reputation and gone against the Tata group's values

After truce meeting with Chandrasekaran, Noel wants Tata Sons restructuring and Shapoorji Pallonji fundraising on the board agenda

Noel Tata will become chairman emeritus from November 12 after nearly three decades with Trent, while the retailer reports a 23.1 per cent rise in Q2FY27 net profit.

Tata Group is being criminally destroyed, and no business leader dares say a word, Congress leader Rahul Gandhi alleged on Wednesday, asserting that "we will ensure justice for these crimes". Gandhi's remarks come amid Tata Group's bitter dispute over Tata Sons' leadership. The conflict has already split trustees and spilled into the Tata Sons boardroom as well. Earlier this week, Tata Trusts chairman Noel Tata challenged the resolution to reappoint N Chandrasekaran as the chairman of Tata Sons, which was passed at the September 17 board meeting of the holding company of the country's largest conglomerate. In a post on X, Gandhi said, "Tata is being criminally destroyed, and no business leader dares say a word. How long will you stay silent? Until they own you?" Indian business is not Prime Minister Narendra Modi and Home Minister Amit Shah's plaything, the Leader of Opposition in the Lok Sabha said. "You lack courage. We don't. We will ensure justice for these crimes," Gandhi ...

Noel Tata has challenged the validity of N Chandrasekaran's five-year reappointment as Tata Sons chairman, citing procedural lapses and the absence of the resolution from the meeting agenda

The ripples the Tata affair will cause are yet to become clear - but promoters will be nervous at such a coup by the professional hire

Tata Trusts defends move to stay private, Charity Commissioner to take call

Two Tata Trusts entities have questioned Mehli Mistry's locus standi to raise governance concerns, arguing that his tenure as trustee ended in October 2025.

Today's editorials and columns examine US restrictions on Indian IT firms, India's public transport gaps, the Tata Sons leadership dispute, municipal governance under PRAGATI-50 and a book on Bastar

Tata Trusts chairman Noel Tata and his son Neville have filed caveats in city courts in the row surrounding Venu Srinivasan and Vijay Singh, sources said on Wednesday. The caveats filed in the Bombay High Court and also in the Mumbai City Civil Court will ensure that they are heard before the passing of any orders. Both the father and son moved the courts with their caveats on October 7, as per official records. Srinivasan and Singh had filed complaints against Noel and Neville Tata with the Maharahstra Charity Commissioner, alleging governance lapses and irregularities at some of the Tata Trusts. Noel and Neville had earlier filed similar caveats at the charity commissioner's office, according to reports. The caveat in the Bombay High Court has Noel as the caveator, while Srinivasan has been named as the caveatee. Singh has been included as an extra party caveatee along with lawyer Darius Khambata and Tata group veteran Bhaskar Bhat. Noel Tata features as the caveator in the move

At Bloomberg's New Economy Forum, Chandrasekaran defended chip investments and long-term capital allocation, even as differences with Tata Trusts Chairman Noel Tata deepen over leadership and listing

Presence across shareholder trusts could shape voting dynamics

After the RBI classified Tata Sons for listing in 2022, Tata Trusts first sought to end its NBFC status and, after that bid failed, proposed merging two operating businesses into the holding company

Tata Trusts wants to merge two operating businesses into Tata Sons, arguing that the combined revenue and assets would take it outside the NBFC and CIC framework and allow it to remain unlisted

Tata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to help it shed its NBFC and CIC classifications and remain unlisted

Once shares begin trading, management must report to investors through financial results, material disclosures and regular shareholder communication

The boardroom battle in India's top industrial conglomerate leaves a trail of unanswered questions

On one side is family patriarch Noel Tata, who heads Tata Trusts, on the other is N Chandrasekaran, Tata Sons' chairman with no links to the founding family but a slew of powerful corporate backers

While legal opinion to Tata Sons is dated Sep 16, Tata Trusts had it for over three months

Experts say an NCLT-approved restructuring may be legally feasible, but it would not by itself override RBI requirements or remove Tata Sons' listing obligation