The Bombay High Court has provided clarity on how Ratan Tata’s listed and unlisted shares will be distributed, ruling that any shares not specifically mentioned in his will are to go to charitable foundations. The court highlighted how codicils—formal amendments to the original will—have altered certain dispositions, ultimately shaping the inheritance and ensuring Tata’s philanthropic vision continues through his estate.
In a recent conversation with Mr. Girish Wagh, Executive Director of Tata Motors, BTTV’s correspondent Aastha Chopra spoke about the company’s strategic push in international markets. Mr. Wagh highlighted strong traction in SAARC nations and promising growth in Africa and South America, with an expected 20% rise in international volumes. New product launches like trucks, buses, and the game-changing Ace Pro on June 24 are driving momentum. Tata Motors will also be entering electric bus tenders for the first time in three years. With a focus on localisation across manufacturing and supply chains, and new models such as payment-secure asset-based offerings, the company is optimistic post-demerger and targeting sectors like ports and steel.
Ratan Tata's will: Mehli Mistry, Darius Khambata, Shireen Jejeebhoy and Deanna Jejeebhoy were named as executors and trustees to his last will and testament.
Six months after the passing of Ratan Tata, details of his will have surfaced, showcasing the legendary industrialist’s enduring commitment to philanthropy and family. With a staggering fortune of nearly ₹4,000 crore, Tata left the majority of his wealth to charity through the Ratan Tata Endowment Foundation and Trust. His assets include stakes in Tata Sons, TCS, and various start-ups like UrbanClap and CureFit. Beyond charity, he ensured provisions for his family, close friends, loyal staff, and even his beloved pets. Notably, his brother Jimmy Tata inherits a share of a Juhu bungalow, while his half-sisters and confidante Mohini Dutta receive significant allocations. A unique “no-contest” clause ensures that his will remains unchallenged. He also ensured his Tata Sons stake is not sold to outsiders
A lion’s share of Tata’s estate, including his Tata Sons shares, has been allocated to the Ratan Tata Endowment Foundation and the Ratan Tata Endowment Trust
“I got to work with Ratan Tata, I'm getting to work with all of the amazing philanthropists and a lot of the innovators here,” said Bill Gates in a podcast with Raj Shamani.
Ratan Tata’s ₹3,800 crore legacy favors philanthropy, friends, and pets over traditional heirs. His will reflects loyalty, generosity, and a vision beyond family wealth.
Maharashtra Chief Minister Devendra Fadnavis on Monday performed the groundbreaking ceremony for Taj Bandstand, a new luxury hotel set to rise opposite the iconic Taj Lands End in Bandra. The event was also attended by Puneet Chhatwal, MD & CEO, Indian Hotels, who emphasised that the project was a dream envisioned by Ratan Tata and would serve as a landmark for Mumbai. "This hotel was a dream project for Ratan Tata." Spanning over two acres, the ambitious project is slated for completion by 2029. The hotel will feature 330 rooms and 85 premium residences, along with multiple dining venues, convention spaces, and world-class amenities. Designed to blend luxury with culture, the property will also house an amphitheater and a landscaped park. Expressing gratitude to the Indian Hotels Company Limited (IHCL), the Tata Group's hospitality arm, Fadnavis hailed the project as one of Mumbai's most iconic additions. Listen in to know more.
Dutta's inclusion in the will has sparked intrigue, not least because Tata, who passed away in October 2024, was famously private about his personal affairs.
Tata Power announced its 21st consecutive quarter of PAT growth. In the quarter ending December 31, 2024, the company recorded a PAT of ₹1,188 crore, marking a 10% YoY increase. Consolidated EBITDA for the quarter rose by 7% to ₹3,481 crore, driven by strong contributions and improved operational efficiency across its businesses. For the 9MFY25 period, Tata Power reported revenues and PAT* of ₹47,174 crore and ₹3,909 crore respectively. The company achieved its highest-ever EBITDA of ₹10,639 crore during this 9-month period. Dr. Praveer Sinha, CEO and Managing Director of Tata Power, commented, "We have maintained consistent PAT growth for 21 quarters, with all our business segments contributing significantly. As a leader in clean energy, we are engaged across the entire value chain—from manufacturing and EPC to developing renewable projects and providing retail supply through group captives. With our integrated approach in power generation, transmission, and distribution, we are committed to delivering affordable energy solutions." Watch exclusive interview with Dr. Praveer Sinha, CEO & MD of Tata Power, discussing the Q3 results and future growth plans.
For Naidu, the role carries deep personal significance. Reflecting on his family’s connection with Tata Motors, he wrote, “I remember when my father used to walk home from the Tata Motors plant"