Reports state that Venu Srinivasan and Vijay Singh will cease to be trustees at TEDT after May 10, as Mehli Mistry and J N Mistry also voted against their reappointments
The Bombay High Court asked the petitioner to move the vacation bench if urgent relief was needed in the case challenging Sir Ratan Tata Trust's life trustees
Trustees at Tata Trusts are set to push for listing Tata Sons under RBI norms, exposing internal differences as Noel Tata seeks to keep the holding company closely held
Former trustee Mistry has accused Tata Trusts colleagues, including Chairman Noel Tata, of appointing non-Parsis as trustees, alleging violation of the trust deed's eligibility rules
Trust dominance and a history of family feuds test Tata's ownership structure as pressure grows to list the holding company as regulatory and governance pressures mount
A Tata Trusts resolution backing a third term for N Chandrasekaran remains valid, even as questions linger over Tata Sons' future structure
Chandrasekaran defers third-term nod as Noel Tata seeks assurances on listing, debt and SP Group dispute, exposing fresh fault lines within Tata Sons
Several Indian business leaders made headlines in 2025 with boardroom battles, bold moves, startup crises and high-stakes IPO. Let's take a look
Simone Tata, the mother of Tata Trusts chairman Noel Tata, died at a city hospital on Friday after a brief illness. Simone Tata, the stepmother of the late Ratan Tata, was 95. Simone Tata was associated both with business ventures and philanthropic activities, a statement said. "She will always be remembered for her contribution to the growth of Lakm as India's leading cosmetic brand and laying the foundation for fashion retail with the Westside chain," the statement added. The Switzerland-born Simone also guided the work of many philanthropic organisations, including the Sir Ratan Tata Institute, it said. A positive outlook and a deep resolve helped Simone overcome many challenges in her life, it said. Last respects to Simone can be paid on Saturday morning at the Cathedral of the Holy Name Church in Colaba, followed by a mass at 11 am, the statement said.
The Tata group's internal power balance remains delicate as Noel Tata succeeded in placing his son, Neville, on the board of one of the two powerful trusts that holds majority stake in Tata Sons, but is said to have failed to get his way in the other, sources said. After the demise of patriarch Ratan Tata in October last year, Noel took over as the chairman of Tata Trusts, a group of philanthropic organisations that collectively own 65.4 per cent in Tata Sons, the holding company of the 156-year-old Tata Group, which comprises around 400 companies, including 30 listed entities. On Wednesday, Noel's son Neville and former group company leader Bhaskar Bhat were appointed to the Sri Dorabji Tata Trust (SDTT), which owns 28 per cent in Tata Sons, according to a statement issued by the trust. However, he couldn't get the two appointed on the Sir Ratan Tata Trust (SRTT), which holds 23.6 per cent in Tata Sons, sources said. This is apparently because of an objection raised by Venu ...
Srinivasan gets 3-yr term in compliance with legal norms
Soon after the tension at the Tata Trusts board meeting, renewal of trustees' tenure turned into a contentious issue
Three of six Tata trustees, including Noel Tata, Venu Srinivasan and Vijay Singh, have opposed Mehli Mistry's reappointment, ending his tenure on the boards of the Dorabji and Ratan Tata Trusts
Trustees focus on philanthropic initiatives as government urges both factions to settle differences amid tensions over Tata Sons' board and governance
Tata Trusts dispute focuses on trustee seats on Tata Sons board, group's business direction, and handling minority shareholder Shapoorji Pallonji's planned exit
Tata Group trustees, including Noel Tata and N Chandrasekaran, met Home Minister Amit Shah and Finance Minister Nirmala Sitharaman amid internal disputes over board appointments at Tata Sons
Tata Sons' 107th AGM saw shareholders clear Noel Tata's appointment, other board changes and a higher dividend, with FY25 profit down on lower investment gains
The online AGM will also review Tata Capital's upcoming IPO, a proposed ₹64,900/share dividend, and Tata Sons' request to remain private amid RBI listing deadline
During FY25, Tata Sons' profit fell 24.3 per cent to ₹26,232 crore from ₹34,654 crore the previous year, according to the company's annual report
The Tata Group has pledged to pay ₹1 crore to the families of each person who has lost their life in the Ahmedabad plane crash. Noel Tata extended his heartfelt condolences to the bereaved families