Neville Tata's Induction into Sir Ratan Tata Trust Delayed Amidst Trustee Disagreements

• Neville Tata's appointment to the Sir Ratan Tata Trust (SRTT) has been further delayed after a scheduled board meeting was canceled.
• The cancellation suggests trustees are yet to reach a consensus on Neville Tata's induction, unlike other Tata Trust entities that met as planned.
• This delay follows unresolved issues from November, when Neville Tata and Bhaskar Bhat were cleared by Sir Dorabji Tata Trust but not SRTT.
• Trustee Venu Srinivasan reportedly raised objections in November regarding how induction items were placed before the SRTT board, leading to the delay.
• The development hints at shifting alignments within Tata Trusts, crucial for the governance of the $350-billion Tata Group.

Why It Matters: Neville Tata's induction into Sir Ratan Tata Trust faces continued delays due to lack of trustee consensus.