The Tata Group, a massive Indian salt-to-steel conglomerate that Ratan Tata led into a contemporary, technologically sophisticated, worldwide corporation, is currently dealing with a number of challenges a year after his passing. The company, which manufactures the iPhone for Apple in India and owns well-known British trademarks like Tetley Tea and Jaguar Land Rover (JLR), is once again a divided house.
Internal divisions have been revealed by a boardroom power struggle between trustees for months, prompting the government to intervene and save a recurrence of the highly public legal maze that engulfed the Tata company in 2016 after its former chairman, Cyrus Mistry, was fired.
Recent reports indicate that Mehli Mistry, a close friend of Ratan Tata and a trustee of the Tata Trusts, has been removed from his position, despite politicians in Delhi having mediated an uncomfortable truce weeks ago. This has not been verified confirmed by the BBC.
The dispute is seen by Professor Mircea Raianu of the University of Maryland, who has written a landmark history of the company, as a “resurfacing of unresolved business” that is, the fundamental issue of who controls Tata and how much influence majority shareholders (the charitable arm Tata Trusts, which owns 66% of the parent company, Tata Sons) have over business choices.
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