Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
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 […]
In 2011, Ratan Tata handpicked Cyrus Mistry as his successor at group holding company Tata Sons Pvt. Ltd. Five years later, in October, Tata was instrumental in ousting Mistry. Tata Trusts Chairman Noel Tata. (PTI) Cut to this October, there is another Mistry at the receiving end of a fresh, equally bitter, boardroom battle. Mehli […]
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. […]
