Why to tinker with something that has delivered value for 150 years: Noel Tata

MUMBAI Tata Trusts Chairman Noel Tata has cautioned that listing Tata Sons could fundamentally alter the group’s distinctive operating philosophy, with shareholder interests potentially taking precedence over philanthropy. Amid growing demands for listing Tata Sons in line with the Reserve Bank of India’s (RBI) requirements, Mr Tata on Saturday made a strong pitch for maintaining the status quo.

Tata Sons rejects Noel's request for audio-video recording of September 17 boardmeet Tata Sons rejects Noel's request for audio-video recording of September 17 boardmeet “Video recording is mandated when one or more Directors attend online. The company has never in the past had a practice of sharing audio/video recordings of in-person meetings," Tata Sons' company secretary Suprakash Mukhopadhyay wrote to Tata Trusts on November 9 Tata Sons rejects Noel's request for audio-video recording of September 17 boardmeet storyline 1 “Why tinker with something that has delivered value for 150 years.