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Tata Trusts Chairman Noel Tata has questioned the procedure followed by the Tata Sons board in reappointing N Chandrasekaran, seeking meeting records and raising questions over post facto legal opinions. Tata Trusts has called the resolution illegal, while Tata Sons disputes that position.
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Tata Trusts Chairman Noel Tata has urged the Tata Sons board to review a restructuring proposal that could help avoid listing the holding company. He also questioned the RBI’s classification of Tata Sons as an upper-layer NBFC and raised concerns over philanthropic priorities
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Reports earlier claimed that Tata Sons’ board backed a fresh five-year term for Chandrasekaran and cleared the company’s long-pending listing plan despite Noel Tata voting against the reappointment
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The AGM was expected to discuss the directorship of Tata Sons chairman N Chandrasekaran, who has opted not to seek reappointment when his term ends in February
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Tata Sons Chairman N. Chandrasekaran is reportedly considering resignation before the August 18 AGM amid uncertainty over his director reappointment and differences with Tata Trusts Chairman Noel Tata. Tata group stocks, including TCS, Titan, Tata Consumer Products and Tata Power, declined
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Noel Tata has announced his decision to step down as chairman of Trent Limited at the age of 70, ending a nearly three-decade association with the retailer. Under his leadership, Trent expanded into a major retail player with over 1,200 stores nationwide.
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Chief executives of Air India, Tata Digital and Tata Electronics — key group bets facing mounting losses — made presentations; Chandrasekaran’s reappointment may be discussed on June 12.
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Mistry’s remarks come amid reports that Tata Trusts trustees Venu Srinivasan and Vijay Singh support public listing of Tata Sons, while chairman Noel Tata opposes the move
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The Tata Sons board has deferred a decision on reappointing N Chandrasekaran for a third term as Chairman. Sources said Noel Tata raised concerns over group losses and listing plans, while several directors backed Chandrasekaran’s leadership
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Simone Tata, mother of Noel Tata and stepmother of the late Ratan Tata, passed away at 95 in Mumbai after a brief illness. Known for shaping Lakmé and founding Westside, she also contributed extensively to philanthropic initiatives. Last respects will be offered Saturday
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A power tussle is brewing within the Tata Trusts as Noel Tata managed to get his son Neville appointed to the Sri Dorabji Tata Trust, but failed to push the same move in the Sir Ratan Tata Trust due to internal objections
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A major split has emerged within Tata Trusts as chairman Noel Tata and two trustees blocked Mehli Mistry’s reappointment, opposing three others who backed him. The standoff, seen as a power struggle, follows Ratan Tata’s death and raises governance concerns
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The daughters of Noel Tata, chairman of Tata Trusts, replaced Arnaz Kotwal and Freddy Talati
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The board has chosen to appoint Noel Tata, Ratan Tata's half-brother, who serves on the boards of several listed companies, including Tata Steel and Voltas. This decision reflects Ratan Tata’s philosophy of 'moving on.'
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The last rites were performed as per the Parsi tradition, one of the priests present at the crematorium said.