Business Standard

The power that Tata trusts wield

The Articles of Association of Tata Sons is a document that best illustrates the influence the Tata philanthropic trusts have on the group


Nivedita Mookerji
Why did the board of Tata Sons break its silence to back R Venkataramanan, a nominee director on the AirAsia board under CBI lens, on Tuesday? Was it the most important thing on the Tata Sons board agenda that a statement was issued late evening mentioning only the AirAsia investigation and the parent group's confidence in Venkat (as the Tata Trusts managing trustee is popularly known)? While the Malaysia-headquarterd AirAsia and its India unit, a joint venture with the Tatas, had earlier countered the CBI allegations of lobbying to try and change government policies, Tata Sons had kept quiet till
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First Published: Jun 27 2018 | 9:11 PM IST

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