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Did you know Ratan Tata almost got married?

Ratan Tata, the former chairman of Tata Sons, is usually a low-key person who does not like to divulge details about his life. However, he made an exception recently and spilled beans about his heartbreaking love story and how he “almost got married”.

Who is the owner of the Tata Group?

It is important to bring into your notice that the TATA group has no individual owner . TATA SONS is a charitable trust which is the holding company of the group. Each of its Chairman is selected (not by an individual on his/her parental lineage) by the BoD of Tata Sons.

Why are there any family disputes with Tata Sons?

This misconception usually arises because we don’t see any family disputes or hires of the TATA business. It is important to bring into your notice that the TATA group has no individual owner . TATA SONS is a charitable trust which is the holding company of the group.

What is the relationship between Tata Trust and Tata Sons?

Tata Trusts — a group of charitable organizations set up by Sir Ratanji Jamsetji Tata. They own about 66% of the company and… The Shapoorji Pallonji group, who own about 18% of “Tata Sons” In summary, Tata Trusts owns a majority stake in the enterprise. And Shapoorji Pallonji (SP) group, a minority stake. With us so far? Good!!!

What is the parent company of Tata Group?

The parent company is Tata Sons, which is the main holding company of the Tata Group, and about 65% of stock in these companies is owned by Tata charitable trusts, mainly the Ratan Tata Trust and the Dorab Tata Trust. Approximately 18% of shares are held by the Pallonji Mistry family, and the rest by various Tata Sons.

Why does Tata Sons have the right of first refusal?

Because the document clearly prescribes that the board of Tata Sons ought to have the right of first refusal. Meaning, they get first dibs before anybody else can make an offer. They have a right to buy these shares at fair value before somebody else can walk in.

What happened between Tata Sons and Shapoorji Pallonji Group?

A couple of weeks ago, Tata Sons and the construction giant Shapoorji Pallonji Group were on the verge of fighting another bitter courtroom battle that would have further strained their relationship. But then within a matter of days, both parties reached a compromise that would help them walk away from the feud rather amicably.

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