The Tata Trusts’ stake benefits from that grandfathering; a foundation set up today could not build an equivalent holding.
Reclassifying Tata Sons

The Tata Sons restructuring aims to merge subsidiaries to avoid NBFC and CIC status, keeping the company private and bypassing…

shorts
Five days and one briefing later, Katie Zacharia’s White House stint ends: What led to it?
Five days and one briefing later, Katie Zacharia’s White House stint ends: What led to it?
US News

US President Donald Trump on Friday clarified that he had advised newly appointed White House press secretary Katie Zacharia to “reconsider” the job amid intense media scrutiny. His remarks followed US media reports that she had been forced out on October 16, just five days into the role.