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 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. […]
