Industry

Trusts and control

Print edition : November 25, 2016

A view of Bombay House, the headquarters of the Tata group of companies. Photo: Paul Noronha

Possible successor: Natarajan Chandrasekaran, CEO, TCS. Photo: Dhiraj Singh/Bloomberg

Possible successor: Ralf Dieter Speth, CEO, Jaguar International. Photo: Paul Noronha

Possible successor: Noel Tata, managing director, Tata International. Photo: Chris Ratcliffe/Bloomberg

The ownership structure of the Tata group is such that whoever controls the many trusts run by the group controls the business empire.

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