Beginning Thursday, there will be a series of remembrance events marking the first death anniversary of Ratan Tata who passed away on this day last year. He would obviously be missed forever, but the larger Tata family, comprising the employees, customers and other stakeholders would miss him more for the unfortunate discord at Tata Trusts which has a significant say over how Tata Sons , the group’s holding company operates.

Tata Trusts, with its 66% stake in Tata Sons, have been known to be fiercely protective about their turf. Being the guardian of a 156-year old group, it is to be expected. So much so that any investment or key decision exceeding even Rs 100 crore requires the approval of Tata Trusts (which includes Sir Dorabji Tata Trust and Sir Ratan Tata Trust, among others).

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