Versuchen GOLD - Frei
Stage set for another Tata-Mistry clash
Hindustan Times Lucknow
|October 29, 2025
Tata Trusts chairman Noel Tata and vice-chairmen Venu Srinivasan and Vijay Singh have not approved the reappointment of Ratan Tata long-time confidant, Mehli Mistry, as a permanent trustee—setting the stage for a 2016-like battle between the Tatas and ousted Tata Sons chief Cyrus Mistry.
Tata Trusts chairman Noel Tata and vice-chairmen Venu Srinivasan and Vijay Singh have not approved the reappointment of Ratan Tata longtime confidant, Mehli Mistry, as a permanent trustee—setting the stage for a 2016-like battle between the Tatas and ousted Tata Sons chief Cyrus Mistry.
Mistry, a first cousin of Cyrus Mistry, is considering options including challenging the ouster in court, people close to him said, potentially plunging the philanthropic entities that control Tata Sons into uncertainty.
On Tuesday, Noel Tata, TVS Motor Co. chair emeritus Srinivasan, and former defence secretary Singh voted against Mistry’s candidature for trustee for life, according to an executive privy to the development.
The three other trustees—former Citibank India chief executive Pramit Jhaveri, Mumbai lawyer Darius Khambata, and Pune-based philanthropist Jehangir H.C. Jehangir—voted in favour.
The split vote marks a sharp departure from the recent consensus-driven approach. Just last week, when Srinivasan was appointed a lifelong trustee, four trustees, led by Mistry, had described the move as a “procedural formality”, referring to a unanimous decision in October 2024 to grant themselves permanent positions. Under the Trusts’ rules, appointments and removals require unanimous consent.
The opposition to Mistry presents two immediate challenges for Noel Tata: An impending legal battle and a widening divide among trustees.
Diese Geschichte stammt aus der October 29, 2025-Ausgabe von Hindustan Times Lucknow.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Hindustan Times Lucknow
Hindustan Times Lucknow
Two leaplings who nearly changed India’s history
If this were a leap year, there would have been a February 29, instead of March 1 following February 28.
4 mins
March 03, 2026
Hindustan Times Lucknow
Global shipping disrupted as many vessels targeted
Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at east four tankers damaged, a seafarer killed and 150 ships stranded around the Strait of Hormuz.
2 mins
March 03, 2026
Hindustan Times Lucknow
Strikes, counterstrikes as war spirals
The war in the Middle East spiralled further on Monday as Israel and the US pounded Iran.
3 mins
March 03, 2026
Hindustan Times Lucknow
TOXIC GAS LEAKS FROM PALGHAR CHEMICAL UNIT; 2,600 EVACUATED
A massive leak of hazardous oleum gas at a chemical unit in Maharashtra’s Palghar district on Monday led to the evacuation of over 2,600 people, including 1,600 school students, while three persons complained of minor eye irritation, officials said.
1 min
March 03, 2026
Hindustan Times Lucknow
From subs to superstars, a Cup story
On his knees, arms slightly spread, palms upturned, the image of Sanju Samson looking up will linger long after the 2026 Men's T20 World Cup ends.
3 mins
March 03, 2026
Hindustan Times Lucknow
Iran’s missile barrage tests whether US forces have enough interceptors
The ability of the US, Israel and Gulf Arab states to ‘weather Iran's retaliatory strikes will depend on how many missile interceptors they have —and stocks are most likely dangerously low after intense combat with the Islamic Republic last year.
2 mins
March 03, 2026
Hindustan Times Lucknow
IIP growth slows to 4.8% in Jan
India’s industrial activity slowed in January, with the Index of Industrial Production (IIP) rising 4.8% year-on-year, easing from a revised 8% in December, data released by the National Statistical Office (NSO) on Monday showed.
1 mins
March 03, 2026
Hindustan Times Lucknow
MANUFACTURING PMI RISES TO 56.9 IN FEBRUARY
NEW DELHI: India’s manufacturing activity strengthened further in February, supported by a pickup in domestic demand, though export order growth slowed to its weakest pace in nearly a year-and-a-half, according to the latest HSBC India Manufacturing Purchasing Managers’ Index (PMI) released by S&P Global on Monday.
1 min
March 03, 2026
Hindustan Times Lucknow
Rupee comes under pressure, hits 91.47
The rupee fell to its weakest level since late January on Monday after a sharp escalation in the Iran-US conflict over the weekend pushed global crude oil prices higher and triggered a risk-off mood across emerging markets.
1 mins
March 03, 2026
Hindustan Times Lucknow
From the rough: Sanju Samson overcomes doubt to find belief
Not first-choice opener, Samson’s match-winning 97* was hailed by skipper and coach after win
3 mins
March 03, 2026
Listen
Translate
Change font size
