Latest News, Updates & Breaking Headlines
Succession planning in promoter led Indian companies must be viewed through a commercial and generational standpoint, not a narrow, technical one. (AI image) By Varun SriramIn the last several years, across India’s listed company backdrop, a subtle but significant shift has been underway in how promoter families are viewing succession planning. As first and second-generation…
NEW DELHI: Rather than having an adverse impact on BJP’s coffers, scrapping of electoral bonds in Feb 2024 ended up boosting its donations kitty in 2024-25, with electoral trusts alone disbursing over Rs 3,577 crore to the party.In 2023-24, BJP’s total receipts through voluntary contributions had stood at Rs 3,967 crore, of which Rs 1,686…
Neville Tata has been appointed by Tata Trusts to the board of Sir Dorabji Tata Trust (SDTT). Neville Tata is the son of Tata Trusts chairman Noel Tata. Group veteran Bhaskar Bhat has also been inducted.This appointment strengthens Noel Tata’s position whilst elevating Neville, aged 32, to one of the most significant roles within the…
Mehli Mistry has formally stepped down as trustee of the Tata Trusts, ending days of speculation over his position within the organisation. In a letter to all trustees, including chairman Noel Tata, Mistry cited his commitment to Ratan N Tata’s vision as the reason for his decision to withdraw, ANI reported.In his note, Mistry said…
MUMBAI: Mehli Mistry, whose reappointment on Tata Trusts boards was denied by a majority decision last week, filed a caveat before the charity commissioner in Mumbai Saturday requesting an opportunity to be heard before any decision on a change is sanctioned.Mistry, executor of Ratan Tata‘s will, has also sent the caveat notice to all trustees…
MUMBAI: The departure of Mehli Mistry from boards of Tata Trusts not only cements chairman Noel Tata’s position within the public charities but also strengthens his influence over the $180-bn Tata Group. It gives Noel greater control over the philanthropic and strategic arms of the Tata empire and enhances his ability to shape key decisions…
MUMBAI: He says nothing and chooses not to vote, but his silence speaks volumes at Tata Trusts. Jimmy Naval Tata, 85, the reclusive younger brother of the late Tata Trusts chairman Ratan Tata and a trustee of the Sir Ratan Tata Trust (SRTT), stayed away from voting on Tuesday on Mehli Mistry’s reappointment as a…
MUMBAI: Mehli Mistry, Ratan Tata‘s long-time confidant, executor of his will, and a man widely seen as custodian of the late chairman’s legacy, has been denied reappointment as lifelong trustee of the Tata Trusts. The decision was taken after Noel Tata, chairman of the Trusts, and vice-chairmen Venu Srinivasan and Vijay Singh declined to give…
Given that Mistry is ineligible to vote regarding his own term renewal, the outcome at SDTT represents a majority decision. Tata Trusts tussle: In a significant development at the Tata Trusts, Mehli Mistry’s position appears uncertain as chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh have not approved for extending his term,…
MUMBAI: In an anticipated move, trustees of Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT) approved reappointment of trustee and vice-chairman Venu Srinivasan for life on Monday, setting aside recent differences over governance issues.The decision follows reappointment of trustee and chairman Noel Tata in Jan 2025, with no limits on his tenure….
