Independence Day

Tata Trusts and Tata Sons are exploring a compromise amid fears that their dispute could damage the group’s reputation. The main issues are Tata Sons’ regulatory status and Chairman N Chandrasekaran’s reappointment, which Noel Tata opposed. With Chandrasekaran expected to remain, a settlement with Tata Trusts is seen as preferable to a prolonged legal battle, though talks may not succeed.