Noel Tata and Chandrasekaran's Talks End Without Deal
Tata Sons chairman N Chandrasekaran and Tata Trusts chairman Noel Tata met to ease tensions over governance issues. The topics included a possible Tata Sons listing, the Shapoorji Pallonji Group's stake and Chandrasekaran's reappointment. The meeting ended without a conclusion.
Context
Tata Sons is the holding company at the centre of the Tata group, and Tata Trusts, a group of charitable trusts, holds a large share of it. Shapoorji Pallonji Group is another major shareholder, so disputes over control affect the whole group.
Burning Potato score: 62%