Tata Group - the divided empire facing boardroom drama

Tata Group, India's largest conglomerate, is grappling with a bitter internal power struggle following the death of its beloved leader, Ratan Tata. The unique structure of Tata Sons, controlled by the Tata Trusts, has led to tensions between the charitable and commercial sides. Recent ousting of a close Ratan Tata ally from the Trusts' board has escalated the conflict. The group is also facing external pressures to break into new tech spaces and turn around Air India, while dealing with major contract losses and layoffs at its flagship business, Tata Consultancy Services. The company's stability and brand are under scrutiny, with investors and the public questioning who's truly in control. High-profile mishaps and internal disputes have raised doubts about Tata's long-term vision and future structure. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.