Summary
The Tata Group, a major Indian company, is dealing with internal conflicts and business challenges. Boardroom disagreements are causing problems, and the Indian government has had to step in. These issues come while the group tries to grow in new areas like semiconductors and electric vehicles.
Key Facts
- The Tata Group owns companies like Jaguar Land Rover and Tetley Tea.
- Ratan Tata led the group to become a global enterprise before his death.
- Boardroom conflicts have led to government intervention to avoid legal issues.
- Mehli Mistry, a trustee linked to Ratan Tata, has reportedly been ousted, but this is not confirmed.
- Tata Trusts owns 66% of Tata Sons, the group’s main holding company, leading to governance complexities.
- The Tata Group is expanding into semiconductors and electric vehicles.
- Air India, bought by the Tatas, is undergoing revival efforts after a crash.
- The SP Group, a major minority shareholder, wants Tata Sons to go public, but Tata trustees resist.
