Kolkata: All is not quiet on the Tata front. After the demise of Ratan Tata in October 2024, there are significant moves in the $180-billion Tata Group, or more specifically, in the trusts that are key in controlling the formidable Tata Group, one of the largest, most respected and ambitious groups expanding its wings beyond the borders of India. A “boardroom struggle” in underway where old familial relations have come under extreme stress and Noel Tata with his aides are paving the way for exit of Mehli Mistry, who was known to be close to Ratan Tata. In fact, Ratan Tata and Mehli Mistry were so close that Mistry helped Tata to remove Cyrus Mistry from Tata Sons.

The crucial Tata trusts

It leads one to try and see the significance of trusts in the Tata empire and how these trusts are u

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