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A power struggle has emerged within India's Tata group between its holding company, Tata Sons, and its controlling shareholder, Tata Trusts, raising fundamental questions about corporate governance and shareholder rights.
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Shritama Bose MUMBAI, Sept 17 (Reuters Breakingviews) — No chair of a company can govern effectively without the backing of a majority shareholder. Trying to do so at a $260 billion conglomerate whose interests span steel to chips
Tata reappoints outgoing chair Chandra, prompting its 65% owner to call the move illegal and raising prospects of a protracted crisis.