Mehli Mistry has decided to move on Tata Trusts, according to his letter to other trustees, effectively bringing an end to a tussle that threatened to destabilise the decision-making body of the largest conglomerate in India. Tata Trusts holds a two-thirds stake in Tata Sons Pvt. Ltd. (Reuters) In the letter, which was addressed to […]
Tata Trusts Chairman Noel Tata, along with Vice Chairmen Venu Srinivasan and Vijay Singh, blocked the reappointment of Mehli Mistry as a permament trustee, Livemint reported on Tuesday, widening the rift in the organisation that controls two-thirds of Tata Sons Pvt. Ltd.—the holding company of India’s largest conglomerate. Tata Trusts Chairman Noel Tata. (PTI) Mistry […]
Tata Trusts has unanimously reappointed Venu Srinavasan as a “trustee for life”. The focus now shifts to the reappointment of Mehli Mistry, amid reports of internal strife within the organisation. Tata Trusts holds a 66% stake in Tata Sons Pvt. Ltd.—the holding company of the salt-to-software conglomerate that includes 30 listed companies and 400 entities. […]
