Versuchen GOLD - Frei
Stage set for another Tata-Mistry clash
Hindustan Times
|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.
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
Hindustan Times Delhi
100 J&K STUDENTS IN IRAN TO RETURN ON MARCH 14, 15
The J&K Students Association (JKSA) said on Wednesday that around 100 students stranded in Iran will return to India via Armenia on commercial flights on March 14 and 15.
1 min
March 12, 2026
Hindustan Times Delhi
Financial firms evacuate Dubai offices following Iran threats
Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff to work from home instead, sources said on Wednesday, as banks step up precautions after Iran threatened Gulf banking interests linked to the US and Israel.
1 min
March 12, 2026
Hindustan Times Delhi
Triveni Kala Sangam adds heritage menu as part of its 75th anniversary celebrations
Connoisseurs of art forms traversing through the Triveni Kala Sangam at Mandi House, comprising three art galleries and an open amphitheatre that hosts dance and theatre sessions, now have another aspect to savour— a heritage menu introduced at the cafe on the occasion of its 75th anniversary.
2 mins
March 12, 2026
Hindustan Times Delhi
BFI clause shuts natl camp door on Panghal, Phogat
Reigning national boxing medallists who were excluded from the national camp during the evaluation process last month have asked the Boxing Federation of India (BFI) to allow them to compete in the COAS Cup.
1 mins
March 12, 2026
Hindustan Times Delhi
Mercury hits season's high of 36.8°C, relief likely next week
Delhi recorded its hottest day of the season on Wednesday as the maximum temperature rose to 36.8°C — 8.4 degrees above normal, according to the India Meteorological Department (IMD).
1 min
March 12, 2026
Hindustan Times Delhi
LPG crunch fuels black market, prices soar to 2.5k per cylinder
War reaches Delhi's kitchens
2 mins
March 12, 2026
Hindustan Times Delhi
Mic to mandate: Hip-hop roots of Nepal's new PM
Long before he was campaigning across Nepal, Balendra Shah (popularly called Balen) was a battle rapper, trading insults and one-liners with rival MCs.
4 mins
March 12, 2026
Hindustan Times Delhi
EAM talks to EU, Russia, France counterparts
External affairs minister S Jaishankar spoke to his counterparts from Russia, France and the European Union (EU) on Wednesday to discuss the Iran-US conflict as part of New Delhi's outreach to key partners to coordinate positions on the fallout of the tensions in West Asia.
1 min
March 12, 2026
Hindustan Times Delhi
Flipkart in talks to pitch for IPO next month
Online retailer Flipkart Internet Pvt is set to start the formal process for banks to pitch for work on its potential initial public offering as soon as next month, according to people familiar with the matter.
1 min
March 12, 2026
Hindustan Times Delhi
Won't leave our people stranded in W Asia: Modi
Prime Minister Narendra Modi waves to the crowd during a roadshow in Ernakulam, Kerala on Wednesday.
3 mins
March 12, 2026
Listen
Translate
Change font size
