“The Tata Trusts regret the trust deficit between the (former) Chairman of the Tata Group and the Trusts,” a spokesperson of the trust said after the group’s board unceremoniously fired the chairman. If there is one word that describes the character of the Tata group and the Tata brand, it is “trust”. The Tata brand’s distinction is the trust of society earned by the values by which the Tata group and its companies operate. The Tata group earned this trust by consistency in its values through good and difficult times. Tata (chairman of the Tata group) and Sumant Moolgaokar (CEO of the fledgling Telco) on the platform of the bombed out Munich station.

Source: Mint November 02, 2016 20:03 UTC