Corporate controversies
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Moneycontrol21-12-2025, 20:17

Corporate India's Tumultuous 2025: Scandals, Power Fights, and Estate Wars

  • BluSmart, a promising ride-hailing startup, faced insolvency after its promoters were barred by SEBI for alleged fund diversion and corporate governance breaches.
  • The Tata Group experienced a power tussle post-Ratan Tata's demise, involving Noel Tata, Mehli Mistry, and Vijay Singh, over board representation.
  • Industrialist Sunjay Kapur's Rs 30,000 crore estate became the subject of a fierce legal battle between his third wife and children from his previous marriage.
  • SEBI's forensic investigation into Gensol Engineering found a "complete breakdown of internal controls and corporate governance norms."
  • The Tata dispute saw Mehli Mistry step down as a trustee from Tata Trusts after his reappointment was rejected.

Why It Matters: 2025 exposed significant governance gaps and intense power struggles within India's top corporate entities.

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