Tata feud: Venu Srinivasan, Vijay Singh hit back at Khambata, accuse him of ignoring governance failures
A leadership dispute has emerged within Tata Trusts, as Vice-Chairmen Venu Srinivasan and Vijay Singh publicly challenged trustee Darius Khambata over governance and the proposed listing of Tata Sons. The conflict centers on the balance of power between the charitable trusts and the conglomerate's board.
Why it matters
This internal power struggle impacts the governance of one of the world's largest conglomerates, potentially affecting its long-term corporate strategy and ownership structure.
New Delhi Tata Trusts Vice-Chairmen Venu Srinivasan and Vijay Singh have launched a strong rebuttal to fellow trustee Darius Khambata’s criticism of the Tata Sons board’s September 17, 2026 decisions, accusing him of presenting an incomplete account of the dispute. They have questioned whether his opposition to listing the group holding company is driven by the interests of the Tata institutions or by a desire to keep control in the hands of the Trusts’ present leadership. In a five-page letter dated November 11, 2026, the two trustees challenged Mr. Khambata’s arguments on the Reserve Bank of India’s (RBI) regulatory position, the proposed listing of Tata Sons, the fiduciary responsibilities of Trust nominees, and the circumstances surrounding the reappointment of Chairman N. Chandrasekaran.
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