Tata Sons is the holding company of the Tata group of companies. The chairman of the board of Tata Sons is also typically the chairman of the operating companies of the Tata group. As the promoter of Tata-operating companies such as Tata Steel and Tata Motors, Tata Sons decides how much capital to allocate to each of these firms. Ratan Tata, chairman of Tata Trusts, has not commented so far. Sir Dorabji Tata Trust, Sir Ratan Tata Trust and a bunch of other trusts endowed by the members of the Tata family are collectively known as the Tata Trusts.

Source: Mint October 27, 2016 07:13 UTC