TIFR and the Tata Trust
The tussle between the directors on the Tata Sons’ board has drawn attention to the company’s largest shareholder: the Tata Trusts. The Trusts hold a 66% stake in Tata Sons and have pushed back against diluting it through a public listing. A look at the vision for and establishment of the Tata Institute of Fundamental Research in Bombay, supported by the Trusts, underscores the pioneering philanthropy the Tatas always practised.
