Tata Trusts

A Tata veteran since 1968, Soonawala played a pivotal role in shaping the group's financial structure

Tension at Tata Trusts: Noel Tata, Venu Srinivasan likely to reject Mehli Mistry's term extension, say reports

Mehli Mistry, a close associate of Ratan Tata and trustee at both the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, faces the end of his current term on October 28

Tata Trusts moves to reappoint Mehli Mistry as lifetime trustee

The government is understood to have told the two sides to resolve the issue amicably and not let their differences spill in the public, considering the significance of the Tata Group on India’s economy.

Tata Trusts' Mehli Mistry approves Venu Srinivasan's reappointment. But with conditions: Report

The move is seen as an indication that tensions continue at the charitable trust that holds majority stake at Tata Sons

Tata Trusts reappoints Venu Srinivasan for life; focus shifts to Mehli Mistry amid internal rifts

The reappointment of Srinivasan this week, ahead of his term expiring on October 23, comes amid reports of a vertical split within Tata Trusts

Tata Trusts' lifetime trusteeship rules under scrutiny amid rift: Report

With the tenure of some trustees expiring at the end of this month, lawyers are reportedly scrutinising the fine print of clauses related to lifetime trusteeship

Tata International faces a Rs 800 crore bond redemption that risks raising financing cost and strain cash flow

With total debt - including perpetual instruments - estimated at over Rs 5,000 crore, any delay or rollover of these bonds could increase TIL’s interest outgo by nearly Rs 24 crore annually, further squeezing liquidity.

Tata Trusts Rift: Minutes of meeting reveal how Noel Tata stood by Vijay Singh

Tata Trust News: The minutes also noted that Mehli Mistry had requested Vijay Singh's presence for a thorough discussion, but Singh had declined to attend any review of his role as nominee director

Tata Trusts directors to meet today after New Delhi rebuke over rift

The meeting follows a government-mediated discussion on Wednesday where officials urged representatives of Tata Trusts and Tata Sons Pvt. to settle their differences and avoid disruption to the group’s operations

'Perhaps we are now in different era': Vijay Singh's reappointment and unfolding power struggle at Tata Trusts

A former Defence Secretary from the 1970 IAS batch, Singh joined Tata Trusts in 2018 at Ratan Tata's invitation

Tata Trusts’ board meetings on October 10 to review funding proposals for healthcare projects

Unlikely to discuss Tata Sons board positions, say sources

How a decision over Tata International funding deepened the rift among Tata Trusts trustees

Noel Tata, who has helmed TIL since 2010 and been associated with the company for over two decades, has long viewed it as a vital bridge between the Tata Group’s domestic and overseas businesses

Tata Trusts’ power struggle: Sources flag rift over Noel Tata’s authority and possible Tata Sons listing

Ratan Tata, who chaired the Trusts for decades, was known for his sweeping authority. During his tenure, alignment between Tata Trusts and Tata Sons was ensured by the weight of his personal influence

Noel Tata's leadership restructuring plan for Tata Sons hits dead end after trustee resistance: Report

Noel Tata discussed a structure with separate positions of chairman, CEO and MD and a deputy CEO for the Tata group holding company

Tata Trusts asks Tata Sons to try and stay private, provide an exit to SP group: Report

The move holds major significance as it was the first time the Trusts has given its opinion on the issue of RBI’s listing requirements and its desire to give the SP group an exit

In a first, Tata Sons chairman N Chandrasekaran briefs Tata Trusts board: Report

This direct briefing by Chandrasekaran himself was a notable departure from precedent

Maya and Leah Tata join SRTII board, marking next-gen entry into Tata Trusts

The two sisters will replace outgoing trustees Arnaz Kotwal and Freddy Talati, who stepped down to make way for their appointments.

Tata Trusts continues to oppose SP Group's plan to transfer Tata Sons pledged shares for loan refinancing: Report

Tata Trusts' continued opposition to the transfer of Tata Sons' pledged shares may pose a significant challenge to the Shapoorji Pallonji Group’s efforts to refinance its loans.

Tata Trusts is a major inspiration: Abhishek Lodha after pledging Rs 20,000 crore to philanthropy

'About 100 years ago, the Tata family gave a major part of their shareholding in their enterprise to the Tata Trusts,' Lodha Group CEO Abhishek Lodha recollected.

Tata Trusts to cut flab, drop CFO, COO positions: Report

The Trusts, which owns 66 percent in the Tata group holding company Tata Sons, is carrying out a restructuring drive to cut operational and management costs

Tata Trusts ends fixed-term appointments, makes trustees lifelong members: Report

Following the move, board members won’t retire until they decide to resign and new members will be appointed only after a unanimous consent

Half-sisters, a friend and a lawyer: These four to execute Ratan Tata's final wishes, says report

Ratan Tata’s successor Noel Tata has received the unanimous go-ahead to join the Tata Sons board as the third Tata Trusts nominee, a separate report said

Noel Tata to join Tata Sons board, seeks legal advice on retaining posts in group firms: Reports

Tata Trusts holds 66 percent stake in Tata Sons, the holding company of the Tata group firms

Meet Noel Naval Tata: The new chairman of Tata Trusts

Noel Tata is the half-brother of Ratan Tata. The 67-year-old chairman of the Tata Trusts is the son of Naval Tata, who was also late Ratan’s father, and Simone Tata. Already on the boards of key Sir Ratan Tata Trust and Sir Dorabji Tata Trust, Ratan Tata's half-brother was the frontrunner to succeed him. In recent years, Noel has taken on increasingly important responsibilities within Tata Trusts. These trusts not only manage the group’s philanthropic efforts but also control the majority stake in Tata Sons. His growing involvement in these trusts suggests that Noel was being groomed for a larger role in their governance. Noel Tata’s career within the Tata Group began in the early 2000s, and by 2010-2011, he was appointed managing director of Tata International. Noel also became vice chairman of Titan Company in 2018, and in March 2022, he was appointed vice chairman of Tata Steel. As chairman of Tata International, Noel oversees the group’s global business, including its presence in retail through Tata Trent. It has undergone a remarkable transformation, with brands like Zudio becoming a huge hit. The successor to Ratan Tata at Tata Trusts will need to balance the organization’s philanthropic mission with the governance needs of a global conglomerate. Noel Tata is known for his relatively low-profile leadership style. He is married to Aloo Mistry, the daughter of Pallonji Mistry, who was the largest individual shareholder in Tata Sons. Noel’s children, Leah (39), Maya (36), and Neville (32), have also been inducted as trustees of five prominent trusts

Trent, Tata Chemicals, Tata Investment Corp rise over 3% on Noel Tata's appointment as new Tata Trusts chairman

Noel is on the boards of several listed Tata firms, including Tata Steel Ltd. and Voltas Ltd.