Why is there a standoff at Tata Trusts & Tata Sons and what is it about?
The standoff between trustees at Tata Trusts stems from the body's authority to appoint independent directors on board of Tata Sons, in which it owns a 66% stake. It began when ex-Defence Secretary Vijay Singh was due to be reappointed as a director. Trustee Mehli Mistry's camp attempted to block the reappointment and instead appoint Mistry to the board.