Power Struggle Intensifies: Tata Trusts in Turmoil

A significant rift has emerged within Tata Trusts, the philanthropic arm responsible for controlling Tata Group. Chairman Noel Tata, along with two influential trustees, blocked the reappointment of businessman Mehli Mistry as trustee, citing the end of his tenure. This decision has sparked divisions within the board, reflecting opposing power centers.

The divide marks a departure from the previously consensus-driven governance approach. With support from key figures such as Venu Srinivasan and former defence secretary Vijay Singh, Noel Tata has galvanized a faction against Mistry and his allies. The conflict heated up further in September when Mistry and three trustees voted to remove Singh from the Tata Sons board.

The internal strife has reached the attention of the Indian government, prompting meetings between Tata group leaders and top government officials. As talks of legal challenges by Mistry surface, the government urges a private resolution to shield the renowned conglomerate's reputation and economic role in India.