The board decision comes barely five months after the same board had deferred a proposal to extend Chandra’s tenure after it failed to secure unanimous support as Noel opposed it.
One of the key suggestions discussed was for the Mistrys to swap part of their Tata Sons shares for shares of listed Tata group companies, a source said
Sir Dorabji Tata Trust (SDTT) said in a statement, after a board meeting chaired by chairman of the trusts Noel Tata, on Thursday, that it respects Chandra's decision not to offer himself for reappoin ...
“The founders left their shares in the companies to the Trusts with one message – do good for India. The companies exist to serve India and improve the quality of life,” he said.
The atmosphere has shifted from deference to dialogue, with divergent views voiced more openly and differences no longer seen as a threat to unity. While this has slowed some decisions, it has also ma ...
