The Tata Group - Revision history

Jyoti: /* Noel’s 3 children secure 5 Tata Trusts board seats */

2025-11-01T06:24:53Z

‎Noel’s 3 children secure 5 Tata Trusts board seats

Jyoti: /* 2019 Feb: changes in the Tata Sons board */

2025-03-23T21:29:40Z

‎2019 Feb: changes in the Tata Sons board

Jyoti: /* Tata Trusts */

2024-12-21T08:52:51Z

‎Tata Trusts

Jyoti: /* Flashpoints */

2024-12-19T18:09:24Z

‎Flashpoints

Jyoti: /* Flashpoints */

2024-12-16T20:45:52Z

‎Flashpoints

Jyoti: /* Research and development */

2024-10-26T20:05:55Z

‎Research and development

Pdewan: /* The Tata group */

2024-10-11T22:03:09Z

‎The Tata group

Jyoti: /* 2006-2015: Expansion, contraction */

2024-08-02T16:51:17Z

‎2006-2015: Expansion, contraction

Pdewan: /* See also */

2024-05-22T19:27:51Z

‎See also

Pdewan: /* See also */

2024-05-22T19:27:00Z

‎See also

@@ Line 1,174: / Line 1,174: @@
  Neville, the youngest, also an alumnus of Bayes Business School, is affiliated with Trent, founded by his grandmother Simone and chaired by his father, which owns Westside and Zudio.
-[[Category:Economy-Industry-Resources|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
+==Factionalism, conflict: 2025==
-THE TATA GROUP]]
+[https://indianexpress.com/article/explained/tata-group-sons-trust-tension-again-10296265/?ref=explained_pg October 9, 2025: ''The Indian Express'']
-[[Category:India|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
-THE TATA GROUP]]
+[[File: Who owns how much in Tata Sons.jpg|Who owns how much in Tata Sons <br/> From: [https://indianexpress.com/article/explained/tata-group-sons-trust-tension-again-10296265/?ref=explained_pg October 9, 2025: ''The Indian Express'']|frame|500px]]
-[[Category:Pages with broken file links|THE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
-THE TATA GROUP]]
+[[File: Tata trusts trustees.jpg|Tata trusts trustees <br/> From: [https://indianexpress.com/article/explained/tata-group-sons-trust-tension-again-10296265/?ref=explained_pg October 9, 2025: ''The Indian Express'']|frame|500px]]
 [[Category:Economy-Industry-Resources|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP

← Older revision		Revision as of 21:29, 23 March 2025
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	However, the Trusts would want to have one third of Tata Sons’ board members to be its representatives in accordance with the holding company’s Articles of Association as crucial proposals like acquisitions and investments require majority support of the nominee directors of the Trusts. Three days ago, Trusts inducted Noel Tata and Jehangir H Jehangir on its board and speculation is that both or either of them could be appointed on the holding company’s board as well in the future.		However, the Trusts would want to have one third of Tata Sons’ board members to be its representatives in accordance with the holding company’s Articles of Association as crucial proposals like acquisitions and investments require majority support of the nominee directors of the Trusts. Three days ago, Trusts inducted Noel Tata and Jehangir H Jehangir on its board and speculation is that both or either of them could be appointed on the holding company’s board as well in the future.
		+
		+	==As of 2025 Feb==
		+	[https://epaper.indiatimes.com/article-share?article=09_02_2025_013_007_cap_TOI Reeba Zachariah, February 9, 2025: ''The Times of India'']
		+
		+	Mumbai : The boards of Ratan Tata Endowment Foundation (RTEF) and Ratan Tata Endowment Trust (RTET), which were bequeathed the late industrialist’s shares in Tata companies, are set for restructuring. The three siblings of Ratan Tata — his halfsisters Shireen and Deanne Jejeebhoy and his half-brother Noel Tata — are preparing to join as trustees, indicating that the family will continue to exercise some degree of control over his stake in Tata group companies. RTEF and RTET were established as legal custodians of Ratan Tata’s financial investments a couple of years before his demise in Oct 2024.
		+
		+	Ratan Tata owned 0.83% of Tata Sons, the holding company of the group. He also owned stakes in Tata Digital, Tata Motors and Tata Technologies. These shares have been willed to RTEF. He also held considerable investments in startups which will either be sold with proceeds going to RTET or transferred directly to the trust. His estate is estimated to be over Rs 10,000 crore.
		+
		+	RTEF functions as a section 8 company, while RTET operates under the Indian Trusts Act. Both organisations focus on supporting education and healthcare and uplifting vulnerable sections of society. They represent the causes closest to the late industrialist and the welfare activities he personally funded. The two trusts will enjoy voting rights proportionate to their stake in Tata group companies.
		+
		+	The current two-trustee structure at both organisa- tions will expand to six trustees for RTEF and seven for RTET. Tata Sons chairman N Chandrasekaran is expected to become managing trustee for both entities, which makes him a guiding force. However, as the Tata Sons’ articles of association restrict the chairman from becoming the chairman of any Tata Trust, he cannot chair either organisation.
		+
		+	The existing trustees at RTEF are former Tata Sons executive Raghavan Shastri and ex-Tata Realty and Infrastructure director Burzis Shapur Taraporevala. RTET’s current trustees include Tata Trusts’ trustees Darius Khambata and Pramit Jhaveri. Khambata and Jhaveri are expected to step down due to their existing commitments with Tata Trusts. Tata Sons legal head Sidharth Sharma will join RTET as a trustee. These are the financial and legal minds within the group.
		+
		+	Jamsheed Poncha, from Chandrasekaran’s office, is set to be the CEO of both entities. However, unlike Poncha who will receive compensation, Chandrasekaran will not receive payment as managing trustee. This structure represents the first instance of a Tata Trust having both positions simultaneously.
		+
		+	The executors of Ratan Tata’s will are Shireen and Deanne Jejeebhoy, Darius Khambata, and Tata Trusts trustee Mehli Mistry. Apart from Mistry, all will serve on either or both boards of RTEF and RTET. Emails and messages sent to Noel Tata, who is also the chairman of Tata Trusts, Shireen Jejeebhoy and Deanne Jejeebhoy remained unanswered.

	[[Category:Economy-Industry-Resources\|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP		[[Category:Economy-Industry-Resources\|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP

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 =Tata Trusts=
 ==Tata Sons, Tata Trusts can’t have same head==
 [https://epaper.timesgroup.com/article-share?article=14_02_2022_025_003_cap_TOI  February 14, 2022: ''The Times of India'']
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  Neville, the youngest, also an alumnus of Bayes Business School, is affiliated with Trent, founded by his grandmother Simone and chaired by his father, which owns Westside and Zudio.
 [[Category:Economy-Industry-Resources|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP

← Older revision		Revision as of 18:09, 19 December 2024
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	Parekh added, “In any case, other serious issues like insider trading and relatedparty transactions will be looked into by Sebi as the NCLT does not have jurisdiction over those.”		Parekh added, “In any case, other serious issues like insider trading and relatedparty transactions will be looked into by Sebi as the NCLT does not have jurisdiction over those.”
		+
		+	=Hospitals, Medical treatment=
		+	==Ratan Tata’s contribution==
		+	[https://epaper.indiatimes.com/article-share?article=20_10_2024_026_008_cap_TOI Lata Mishra, Oct 20, 2024: ''The Times of India'']
		+
		+
		+	One of Ratan Tata’s most enduring legacies is his pivotal contribution to cancer care in India — a cause he championed throughout his career. The leadership of the late Tata Sons chairman played a key role in the expansion of Tata Memorial Hospital in Mumbai, powering its emergence as one of India’s premier institutions for cancer research and treatment.
		+
		+	Those close to Ratan Tata recall how profoundly he was affected when his mother, Soonoo Tata, was diagnosed with cancer in 1982, just three years after he became the head of Tata Industries. This experience influenced his lifelong dedication to improving cancer care in India.
		+
		+	Throughout his career, he spoke about the country’s worrying cancer statistics: over 70% of cases diagnosed at advanced stages, severely limiting the chances of successful treatment. Determined to change this, he set an ambitious target — to reverse the diagnosis ratio from 30:70 to 70:30. To achieve this, Ratan Tata spearheaded, through Tata Trusts, the creation of a vast network of cancer care centres, daycare facilities, and screening kiosks across India. These facilities were designed not only to treat cancer but also to facilitate early detection, particularly in underserved areas where access to healthcare was limited.
		+
		+	One of the cornerstones of Ratan Tata’s initiative was integrating these services into govt insurance schemes, which aimed to eliminate financial barriers that often deter people from seeking timely treatment. This approach was a game changer in India’s healthcare landscape, making cancer screening and treatment more accessible and affordable for millions of people.
		+
		+	Early this year, the Tata Memorial Centre in Mumbai also made a significant breakthrough in cancer treatment research. After a decade of dedicated work by re- searchers and doctors, the institute announced the discovery of a tablet designed to prevent cancer recurrence. This tablet, costing just Rs 100, promises to reduce the side effects from traditional treatments such as radiation and chemotherapy by nearly 50%, offering an affordable solution for patients undergoing cancer therapy.
		+
		+	''' A ‘Spearhead’ In Cancer Fight '''
		+
		+	The Tata Memorial Hospital was initially commissioned by JRD Tata, a trustee of Dorabji Tata Trust, on Feb 28, 1941. At the opening ceremony, Roger Lumley, then governor of Bombay, predicted that the hospital would serve as the “spearhead of the attack on cancer in this country”. He saw it as a critical centre for disseminating advanced cancer care knowledge across India. In 1961, the hospital was transferred to the Department of Atomic Energy, marking a new phase in its development.
		+
		+	Originally an 80-bed facility occupying 15,000 sq.m in Parel and with a modest annual budget of Rs 5 lakh, it has since transformed into Tata Memorial Centre (TMC), one of Asia’s largest cancer hospitals.
		+
		+	Today, TMC boasts 1,150 beds and its annual budget exceeds Rs 300 crore. Despite this growth, the hospital continues to face challenges as the increasing number of cancer cases and the steady influx of patients strain its resources. Over 60% of TMC’s patients receive free or highly subsidised treatment, earning it a reputation as a “temple” for families in need of affordable care.
		+
		+	However, the overwhelming demand often leads to long waitlists, and many patients, especially those from low-income backgrounds, abandon treatment midway due to the prohibitive cost of staying in Mumbai.
		+
		+	Recognising this challenge, Dr Rajendra Badwe, TMC’s former director, tells TOI how he would frequently discuss with Ratan Tata the urgent need to establish more cancer care centres across the country. Those conversations sparked the expansion of TMC’s model to new regions, addressing gaps in access to quality cancer treatment in India.
		+
		+	''' Stress On Research, Training '''
		+
		+	Mammen Chandy, former director of Tata Medical Centre in Kolkata, shared his insights with a TV news channel on the impact of Ratan Tata’s vision and leadership on cancer care. “During his visits to the Tata Memorial Hospital in Mumbai, Mr Tata noticed the high number of patients from eastern India. He would often comment, ‘don’t they have facilities in eastern India’, and that’s what prompted him to conceive [of TMC] in 2005,” he said.
		+
		+	On May 16, 2011, Ratan Tata inaugurated the Tata Medical Centre in Kolkata. According to Chandy, one of the centre’s standout achievements is its state-of-the-art infrastructure, which he likens to a Scandinavian research facility. Recalling Ratan Tata’s unwavering support, Chandy shared, “I once requested Rs 10 crore for labs, and it was sanctioned without hesitation.”
		+
		+	He added that Ratan Tata consistently emphasised that Tata Medical Centre should go beyond patient care to become a hub for research and education. “He believed the hospital should also be a teaching and training institute for cancer treatment,” Chandy said.
		+
		+	''' Going All Out '''
		+
		+	In 2017, Ratan Tata, through Tata Trusts, pledged Rs 1,000 crore to enhance affordable cancer treatment across India. This initiative, overseen personally by him, established and upgraded cancer-care centres in five states — Rajasthan, Jharkhand, Uttar Pradesh, Andhra Pradesh and Assam — modelled on the Tata Memorial Hospital in Mumbai.
		+
		+	The new and upgraded facilities significantly improved access to cancer treatment and helped alleviate the burden on Tata Memorial Hospital, Mumbai, by offering local and affordable treatment options across India.
		+
		+	The Assam Cancer Care Foundation, a collaboration between Assam govt and Tata Trusts, was initiated around 2017 as part of a broader strategy to create a cancer care grid in the region.  Tata Trusts also invested nearly Rs 600 crore in two cancer hospitals in Varanasi, which were set up in 2018, with Tata Memorial taking over operations shortly thereafter.
		+
		+	In 2017, the Tirupati Balaji Temple Trust provided 25 acres for the creation of a new cancer hospital in Tirupati. Tata Trusts collaborated on the project, ensuring the facility helps have state-of-the-art infrastructure and be accessible to people from surrounding regions.
		+
		+	In 2018, 23.5 acres were allotted for Ranchi Cancer Hospital and Research Centre following Ratan Tata’s push to expand cancer care infrastructure.
		+
		+	''' ‘A Pivotal Role’ '''
		+
		+	In an interview with TOI, Dr Sudeep Gupta, director of Tata Memorial Centre, emphasised Ratan Tata’s profound and lasting impact on cancer care in India. “At Tata Memorial, we witnessed his commitment first hand. He played a pivotal role in establishing hospitals in underserved regions, ensuring quality cancer care reached areas where it was historically limited.”
		+
		+	In their final meeting in May this year, Gupta says he discussed expanding cancer care training across India with Ratan Tata, who fully supported the plan. “Mr Tata backed a project to train doctors, nurses, and technicians, with the Tata Steel Foundation contributing Rs 250 crore to the Homi Bhabha Cancer Hospital in Odisha.”
		+
		+	Gupta also highlighted the financial contributions of Tata Trusts, which have invested around Rs 1,500 crore to establish 11 Tata Memorial Centres, with two new ones underway in Odisha and Muzaffarpur. “We now have a capacity of 2,400 beds nationwide,” he said.
		+
		+	Reflecting on Ratan Tata’s passion for cancer research, Gupta recalled his enthusiasm for ongoing work at the Advanced Centre for Treatment, Research and Education in Cancer (ACTREC), Mumbai, and his concern about rising cancer cases. “Even though he’s no longer with us, I’m confident Tata Trusts will continue his vision for advancing cancer care,” Gupta said.
		+
		+	[[Category:Economy-Industry-Resources\|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
		+	THE TATA GROUP]]
		+	[[Category:India\|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
		+	THE TATA GROUP]]
		+	[[Category:Pages with broken file links\|THE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
		+	THE TATA GROUP]]

	=Inheritance of assets=		=Inheritance of assets=

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 =Flashpoints=
 ==Small shareholders vis-à-vis boards==
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 Parekh added, “In any case, other serious issues like insider trading and relatedparty transactions will be looked into by Sebi as the NCLT does not have jurisdiction over those.”
-[[Category:Economy-Industry-Resources|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
+=Inheritance of assets=
 THE TATA GROUP]]
-[[Category:India|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
+[[Category:India|TTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
 THE TATA GROUP]]
 =Market capitalisation=

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 =Research and development=
 ==2015 plans==
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 Launched in 2006, the Tata Innovista programme promotes innovation across Tata companies worldwide. Over the past decade, it has seen a 15-fold increase in innovation across 70 companies. The top innovation projects this year are expected to deliver an estimated benefit of $1.1 billion annually , the Tata Group said.
 = Shapoorji Pallonji Group vs. the Tatas=

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 [[File: Ratan Tata's investments, company and sector.jpg|Ratan Tata's investments, company and sector; Graphic courtesy: [http://epaperbeta.timesofindia.com/Gallery.aspx?id=02_09_2015_027_027_010&type=P&artUrl=Tata-backs-food-startup-Holachef-02092015027027&eid=31808 ''The Times of India'']|frame|500px]]
 == Chairman, SDTT was always Chairman, Tata Sons: till Mistry ==
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 However, the Trusts would want to have one third of Tata Sons’ board members to be its representatives in accordance with the holding company’s Articles of Association as crucial proposals like acquisitions and investments require majority support of the nominee directors of the Trusts. Three days ago, Trusts inducted Noel Tata and Jehangir H Jehangir on its board and speculation is that both or either of them could be appointed on the holding company’s board as well in the future.
 =Aviation=

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 =See also=
 [[Ratan Tata]]
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 THE TATA GROUP]]
 [[Category:Pages with broken file links|THE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUPTHE TATA GROUP
 THE TATA GROUP]]