US EditionTata Group Leaders Meet Home Minister Amit Shah, FM Nirmala Sitharaman
Tata Trusts leaders met Union ministers amid disputes over board appointments that threaten governance of the $180 billion conglomerate, sources said.
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8 Articles
The issue of internal differences within the Tata Group has now reached the government, and a major meeting has been held. In this meeting, the group's top management has been asked to resolve the matter without any confrontation.
Tata gets clear signal from Shah and Sitharaman to ‘do what it takes’ and restore group stability
Union ministers Amit Shah and Nirmala Sitharaman met Tata group leaders to address internal discord within Tata Trusts. The government urged swift action to prevent the power struggle from impacting Tata Sons, emphasizing the Trusts' public responsibility due to the conglomerate's economic significance. Discussions also covered Tata Sons' public listing and liquidity for the Shapoorji Pallonji Group.
Tata group leaders meet Amit Shah, FM Nirmala Sitharaman
New Delhi: Top honchos of the Tata group, including Tata Trusts Chairman Noel Tata and Tata Sons Chairman N Chandrasekaran, on Tuesday met Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman amid infighting among trustees over board appointments and governance issues. Noel Tata and Chandrasekaran, along with Tata Trusts Vice Chairman Venu Srinivasan and trustee Darius Khambata, arrived together in the evening at Shah’s residenc…
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