Neville Tata's induction into SRTT delayed

THE PROPOSED INDUCTION of Neville Tata to the board of the Sir Ratan Tata Trust has been pushed back after a scheduled meeting of the Trust, slated for Saturday, was cancelled, according to people familiar with the matter.

- URVI MALVANIA

The meeting was expected to consider, among other things, Neville Tata’s appointment as a trustee, they added.

The meeting of the SRTT board was the only one to be cancelled while the board meetings of other Tata Trust entities scheduled for Saturday, including the Sir Dorabji Tata Trust and the Tata Education and Development Trust, went ahead as scheduled.

This is not the first time that Neville Tata, has encountered delays in joining the Sir Ratan Tata Trust. The latest setback follows an earlier round of appointments in November, when both he and Bhaskar Bhat, along-serving Tata group executive and former Titan chief, were cleared for induction by the Sir Dorabji Tata Trust but did not make it to the board of SRTT.