Overview
- Trustees are meeting at Bombay House with an agenda centered on healthcare funding and deployment of about Rs 1,700 crore in dividends, with no changes to board nominations expected, according to sources.
- Home Minister Amit Shah and Finance Minister Nirmala Sitharaman met Noel Tata, N. Chandrasekaran, Venu Srinivasan, and Darius Khambata this week to press for stability, multiple reports say.
- Some outlets report a temporary truce that underscores Noel Tata’s leadership, though core disagreements remain unresolved.
- A vote blocking Vijay Singh’s reappointment to the Tata Sons board exposed the split; Singh called voting “unprecedented” and at odds with Ratan Tata’s consensus tradition.
- Key flashpoints include the Article 121A approval process and a proposed Rs 1,000 crore infusion into Tata International, alongside unresolved RBI-driven listing questions for Tata Sons.