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Tata Group’s Bold Move Amid Internal Tensions | Mozambique News
Natarajan Chandrasekaran is set for a third term as chairman of the Tata Group, amid plans to potentially take Tata Sons public — a move sparking internal conflict with the Tata Trusts, who oppose both his reappointment and the listing, citing possible rule violations. The decision comes as the conglomerate grapples with mounting challenges: Air India’s financial losses, Jaguar Land Rover’s downturn, and a recent data breach. While the Trusts push back, Tata Sons faces regulatory pressure from the Reserve Bank of India, which classifies it as an upper-layer NBFC requiring public listing. This…
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