MUMBAI: Tata Trusts trustee Darius Khambata, in a letter to trustees including chairman Noel Tata, has expressed disappointment over the Trusts’ failure to correct what he described as a “doctored media narrative” suggesting a “coup or takeover” by some trustees.“What has been disappointing to me has been the failure of the Trusts to correct this fundamentally false narrative,” Khambata wrote …
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Tata Trusts board clears over Rs 1k crore philanthropic projects MUMBAI: The Tata Trusts board met on Friday at a time when differences over governance and transparency among its members have surfaced in the public domain. All the trustees except Darius Khambata attended the meeting held at the Taj Mahal Palace hotel in south Mumbai. While chairman Noel Tata and …
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MUMBAI: Key Tata Group leaders, including Tata Trusts chairman Noel Tata and Tata Sons chairman N Chandrasekaran, met top ministers in Delhi on Tuesday amid media reports of disagreements over governance, transparency, and the pressing issue of a potential listing by Tata Sons among two factions of Tata Trusts trustees.What transpired during the discussions was not immediately known. Noel Tata’s …
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MUMBAI: The Pallonji Mistry family, the largest individual shareholders of Tata Sons, have backed Noel Tata’s appointment to the board of the holding company of the $180 billion Tata Group. Noel, 69, is the son-in-law of the late Pallonji Mistry and was nominated to the board of Tata Sons by its largest shareholder, Tata Trusts. The Mistrys own 18.4% of …
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The distribution of Ratan Tata’s assets will commence after the will undergoes probate. Noel Tata, who chairs Tata Trusts, has joined the Ratan Tata Endowment Trust (RTET) board alongside Shireen and Deanna Jejeebhoy, who are half-sisters of late Ratan Tata. The existing trustees, Pramit Jhaveri and Darius Khambata, made these appointments, according to sources.The Trust has also welcomed two Tata …
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Maya and Leah Tata, daughters of Tata Trusts chairman Noel Tata, have joined the board of trustees at Sir Ratan Tata Industrial Institute (SRTII), a subsidiary of Sir Ratan Tata Trust, which is a primary shareholder of Tata Sons.Following the departure of Arnaz Kotwal and Freddy Talati, Maya and Leah Tata have assumed their positions as trustees of SRTII. While …
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