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Top 10 business headlines: Tata Trusts rejig, IBC amendment, and more

R Venkataramanan stepped down as managing trustee of the Sir Dorabji Tata Trust, while Noel N Tata and Jehangir H C Jehangir have been brought in as trustees at the Sir Ratan Tata Trust

IBC, Insolvency law
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Illustration: Ajay Mohanty

BS Web Team New Delhi
Tata Trusts inducts Noel, Jehangir; Venkatarmanan quits as Managing Trustee

Tata Trusts, a cluster of charitable organisations controlling 66 per cent of Tata Sons, the holding company of the group, announced a series of top-level changes after a crucial board meeting on Wednesday. The restructuring includes one exit and two fresh inductions into the trust.

R Venkataramanan (Venkat as he’s often called) stepped down as managing trustee of the Sir Dorabji Tata Trust, while Noel N Tata, chairman of Trent and managing director of Tata International, and philanthropist Jehangir H C Jehangir have been brought in as trustees at the