Tata Sons Board Clashes With Trusts Over Chairman, Listing

An unprecedented power struggle has erupted at Tata Sons, pitting its board against majority shareholder Tata Trusts. The board reappointed N Chandrasekaran as chairman over the trusts' nominee Noel Tata and said it would consider listing the holding company. The feud over control of the $277bn Tata Group, spanning 26 listed companies, now heads toward a legal fight.