Differences have increased between Tata Sons and Tata Trusts regarding the post of Chairman in Tata Group. On September 17, the board of Tata Sons appointed N. It was decided to make Chandrasekaran the chairman again for the next five years. Tata Trusts does not agree with this decision. Trusts hold about 66 percent stake in Tata Sons and now the possibility of taking legal action in this matter is also being expressed.
Apart from this, both the parties have different opinions on the issue of listing Tata Sons in the stock market. This entire controversy also affected the Tata Group companies present in the stock market. On September 18, there was a decline of about $ 4 billion in the total market value of the listed companies of the group. Because of this, the discussion regarding the business and future strategy of Tata Group has also intensified.
Meanwhile, it is worth noting that whenever Tata is talked about, Ratan Tata automatically comes to mind. Ratan Tata was the Chairman of Tata Group from 1991 to 2012 and again from 2016 to 2017. He has many famous quotes which inspire us to move forward.
Along with business, he did many great things for the society as well. Under his leadership, Tata Trusts worked in areas like education, health, cancer treatment, rural development and employment. Emphasis was also laid on education of needy children, increasing facilities in villages and helping poor families. Ratan Tata carried forward the idea of investing a large part of his earnings and the power of the Tata Group in works for the welfare of the society.
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