NewsBites NewsBites

World · · 1 min read

Big battle: Tata Sons Board reappoints Chandra, moves to list firm; 'illegal', say Trusts

Tata Trusts has declared N Chandrasekaran's reappointment as Tata Sons chairman illegal. The Trusts argue the board resolution is a legal nullity due to Noel Tata's opposition. This dispute arises after the RBI rejected Tata Sons' bid to surrender its core investment company status. The Tata Sons board also agreed to proceed with the company's stock market listing. The succession process now faces significant…

Read original on The Times of India — Top Stories