EconomyTata v Tata: What’s behind India’s big boardroom brawl?
An unprecedented power struggle has erupted between the board of Tata Sons, the Tata Group’s holding company, and its majority shareholder, Tata Trusts. The dispute centres on extending Chairman N Chandrasekaran’s term and potentially listing Tata Sons, while also involving a planned exit for second-largest shareholder Shapoorji Pallonji. The listed Tata companies together are valued at $277bn and operate across more than 100 countries.
Tata v Tata: What’s behind India’s big boardroom brawl?
Economy