The Tata Group, India’s most valuable and revered conglomerate, is facing an unusual crisis. A bitter dispute has erupted within Tata Trusts, the charitable umbrella that holds a decisive 66% stake in Tata Sons, the group’s holding company.

The infighting threatens not just the appointment of board directors, but the very governance of a 180 billion dollars empire that spans over 400 companies, including 30 listed firms, and touches nearly every sector of the Indian economy.

At the heart of the conflict are two factions of Tata Trusts trustees. On one side is Noel Tata, appointed chairman after the death of Ratan Tata in October 2024, along with a small group of allies who emphasise transparency and adherence to the group’s ethical values.

On the other side is Mehli Mistry, whose ties w

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