Cryptocurrency Prices by Coinlib
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Cryptocurrency Prices by Coinlib

Ratan Tata likely to step down as chairman of Tata Trusts

Ratan Tata is most likely to step down as chairman of the Tata Trusts which control 66% in Tata Sons, the holding company of the $108-billion Tata Group. The Trusts have asked an external consultant to advise them on the selection process. The next chairman of the Trusts will be an Indian, but not necessarily a Parsi or a member of the Tata family, Tata's long-time confidant R K Krishna Kumar told TOI on Thursday. The Trusts' investments in the listed Tata companies alone are worth $41 billion.

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