One year after Ratan Tata’s passing, the Tata Group, a massive Indian salt-to-steel conglomerate that he led into a contemporary, technologically sophisticated, worldwide business, is dealing with numerous challenges. Once again, the commercial empire is divided. It manufactures the iPhone for Apple in India and owns well-known British businesses like Tetley Tea and Jaguar Land Rover (JLR).
For months, a power struggle among trustees in the boardroom has revealed internal divisions, prompting the government to intervene and stop a recurrence of the highly public legal maze that engulfed the Tata company in 2016 after its former chairman, Cyrus Mistry, was fired.
According to recent reports, Mehli Mistry, a trustee on the board of the Tata Trusts and a close friend of Ratan Tata, has been removed from his position, despite ministers in Delhi reportedly negotiating an uncomfortable truce weeks ago. The BBC has not been able to confirm this on its own.
As stated by University of Maryland professor Mircea Raianu, who wrote a landmark history of the company, the dispute is a “resurfacing of unresolved business that is, the fundamental issue of who controls Tata and how much influence majority shareholders, who own 66% of the parent company, Tata Sons, through the charity Tata Trusts, have over business decisions.
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