Tata Group
Tata Trusts announced on Sunday that the board of Bai Hirabai Trust decided to remove restrictive eligibility clauses. Former trustee Mehli Mistry said on Monday that the trust deed unambiguously restricts trusteeship to practising Zoroastrians residing in Mumbai or Navsari. He called for the current board, including non-Zoroastrians, to be reconstituted in compliance with the deed.
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According to a report, Tata Group chairman N Chandrasekaran has spoken with chief executives of at least two large airlines based in the UK and the US. Air India may part ways with its CEO Campbell Wilson as part of a leadership reset. This comes amid a management review of the airline.