Who owns Tata, who runs it? The power struggle between Tata Sons and Tata Trusts explained
Noel Tata, chairman of Tata Trusts, voted against the proposal. The Tata group leadership crisis has deepened with Tata Sons’ board on Thursday voting to give N Chandrasekaran another five-year term as executive chairman. This has overturned his earlier decision to step down. But Tata Trusts, the conglomerate’s majority shareholder, has rejected the resolution almost…