PM Narendra Modi: 'India Energy Sector Offers $500 Billion Investment Opportunity'
PM Narendra Modi: 'India Energy Sector Offers $500 Billion Investment Opportunity'
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This special report examines a major feud inside Tata Trusts, involving Chairman Noel Tata and four opposing trustees, including Mehli Mistry, over the governance of Tata Sons. The bulletin states, 'What started as a disagreement over the reappointment of a board member has now turned into a governance tussle.' This internal power struggle was sparked by a new rule affecting the tenure of nominee directors over 75, specifically impacting long-standing member Vijay Singh. The conflict is complicated by Mehli Mistry's links to the Shapoorji Pallonji group, echoing the historic 2016 ouster of Cyrus Mistry. With pleas for government intervention, the stability of India's largest conglomerate, which holds a 66% stake in Tata Sons, hangs in the balance, threatening its diverse interests from tech to automobiles.
PM Narendra Modi: 'India Energy Sector Offers $500 Billion Investment Opportunity'
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