Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

The Tata Group squabble suggests a leadership vacuum

Mint New Delhi

|

October 20, 2025

The Tata Group is no stranger to trouble.

- RAJRISHI SINGHAL

The 157-year-old industrial group has weathered multiple storms—both external and internal—in the past. A new in-house leadership crisis and shareholding dilemma is now rocking its boardrooms and will severely test its resilience. On trial is also the group’s famed governance model, which has acquired some dents over the past two decades or so. One thing is inescapable: this is a full-blown leadership crisis and resolving it will be key to assuring the group a durable and stable future.

Internal dissension and public sparring among trustees of Tata Trusts, which collectively hold over 65% in the group's holding company, Tata Sons, has exposed the edifice’s structural faults. These trustees are responsible for, among other things, nominating directors to the holding company and providing broad corporate direction. These trusts, in turn, depend on dividend payouts from Tata Sons to finance their charitable activities. Tata Sons, for example, paid over ₹1,712 crore to the seven trusts for 2024-25. Trustees on the board of Tata Sons are expected to keep other trustees updated about key governance decisions; this is where, ironically, trust has broken down.

FLERE HISTORIER FRA Mint New Delhi

Mint New Delhi

Ethiopia wants loan yuan denominated

Ethiopia started talks with China to convert at least part of the $5.38 billion it owes Beijing into yuan-denominated loans, following an example set by Kenya that bolsters China’s efforts to internationalize its currency.

time to read

1 min

October 22, 2025

Mint New Delhi

India’s sunshine law: Clouded by the data privacy bill

In March 2003, the Supreme Court passed a historic verdict that filled a legislative gap.

time to read

3 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

Venu Srinivasan reappointed for life at Tata Trusts

Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life and all eyes are now on the upcoming decision regarding Mehli Mistry’s renewal, amid reported internal divisions within the organisation.

time to read

2 mins

October 22, 2025

Mint New Delhi

Deloitte's AI debacle in Australia isa warning for all early adopters

That a report riddled with AI hallucinations was sent to a government should be a wake-up call

time to read

3 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

Wikipedia faces traffic woes thanks to Gen AI

In other AI news, OpenAI's Sora 2 creates a stir for all the wrong reasons

time to read

1 min

October 22, 2025

Mint New Delhi

Non-banks are making markets nervous again

As sudden banking strains in the US show, the growth of non-banks is a mixed blessing, especially if they use bank funds for lending. The motto should be 'better safe than sorry'

time to read

2 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

Olyv taps Unitus Cap for $20 mn funding

Lightrock-backed personal lending platform Olyv, formerly SmartCoin, has appointed Unitus Capital to raise fresh funds, three people in the know said.

time to read

1 mins

October 22, 2025

Mint New Delhi

Rooftop solar: Can it really lower your electricity costs?

Rooftop solar can significantly reduce electricity bills, especially for high-power consumers

time to read

4 mins

October 22, 2025

Mint New Delhi

Why ICICI grit beats HDFC gloss

The Street reacted differently to the September quarter (Q2FY26) results of India’s top private sector banks, HDFC Bank and ICICI Bank.

time to read

2 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

SC eases tax claim norms for foreign firms

Foreign-owned companies can now be treated as carrying on business in India even without active contracts, a physical office, and employees, the Supreme Court recently ruled, providing clarity for foreign firms with project-based or intermittent operations.

time to read

2 mins

October 22, 2025

Listen

Translate

Share

-
+

Change font size