Tata Sons Succession Battle: Noel Tata, Tata Trusts & Shapoorji Pallonji Stake Sale Explained

The Tata Sons corporate battle is intensifying after the RBI rejected the company’s application to surrender its NBFC registration. Noel Tata has asked the board to explore listing options and tabled the Shapoorji Pallonji group’s ₹25,000 crore stake sale proposal. Krishna Gopalan, Business Today, explains the latest developments, including the reappointment of N Chandrasekaran, the role of Tata Trusts and the financial pressures facing Shapoorji Pallonji. The discussion also examines concerns over loss-making ventures, succession and the future of Tata Sons.