Centre steps in as boardroom struggle within Tata conglomerate escalates. (Photo: Usha Kunji/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Centre has stepped in to manage the turbulence faced by India’s most valuable business conglomerate, Tata Sons. This comes amid concerns that infighting at majority shareholder Tata Trusts could begin to impede the functioning of Tata Sons. The company’s majority shareholders, Tata Trusts, are locked in an internal conflict over the nomination of a director to the Tata Sons board. At the same time, the Reserve Bank of India’s (RBI) mandate requiring Tata Sons to list on the stock market has expired.

Why Is The Government Stepping In?

A Tata Group delegation headed by Noel Tata is likely to hold discussions with mini

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