There is much to admire about the Tata group, including (and not the least), the Tata Trusts, which are the eventual beneficiaries of the profits of the conglomerate, and the work that they do. And the Mistry camp wanted it to see Ratan Tata as an interfering busybody loath to let go. Even as it continues to fight that battle, Tata Sons has the task of dealing with the reputational carnage left in its wake. He can do this by redefining governance structures at the Tata group, creating well-defined roles for the Tata Trusts (which own 66.67% in Tata Sons), the holding company, and the operating companies. This will also insulate the Tata Trusts from negative attention of the sort they have received in the past few months.
Source: Hindustan Times February 12, 2017 19:18 UTC