Shapoorji Pallonji
Mehli Mistry Steps Down from Tata Trusts: "Nobody Bigger Than Institution" Quote Honors Ratan Tata's Legacy
Nov 05, 2025 01:09 am CST
Mehli Mistry has officially announced his departure from Tata Trusts after his trusteeship was not renewed, citing Ratan Tata's principle that "Nobody is bigger than the institution it serves." The exit comes amid reported factional disagreements within the trust that oversees 66% of Tata Sons, revealing governance tensions in one of India's most prestigious business conglomerates. Mistry, cousin of the late Cyrus Mistry, emphasized his commitment to preserving the organization's reputation and ethical governance standards established by Ratan Tata.
Boardroom Turmoil at Tata Group: Trustee Removal Signals New Era in India's Largest Conglomerate
Oct 10, 2025 04:54 pm CST
Internal discord at Tata Trusts has emerged following the unprecedented removal of Vice Chairman Vijay Singh from the Tata Sons board, revealing power struggles within India's $180-billion conglomerate. The conflict centers on board appointments, business direction, and minority shareholder management, raising concerns about corporate governance in India's most respected business group.
Internal Power Struggle Threatens Stability at Tata Trusts: Trustees Divided Over Board Appointments and Governance
Oct 08, 2025 01:24 am CST
A significant power struggle has emerged within Tata Trusts, which controls India's $180 billion Tata conglomerate through its 66% stake in Tata Sons. The conflict centers around board appointments with trustees divided into two factions—one led by Chairman Noel Tata and another by Mehli Mistry. The dispute escalated after four trustees rejected the reappointment of former defense secretary Vijay Singh to the Tata Sons board, raising concerns about the future governance of India's most valuable business group.