4 min read.Updated: 03 Nov 2016, 07:35 AM ISTArun Maira
The Tata brand's distinction is the trust of society earned by the values by which the Tata group and its companies operate
“The Tata Trusts regret the trust deficit between the (former) Chairman of the Tata Group and the Trusts," a spokesperson of the trust said after the group’s board unceremoniously fired the chairman. If there is one word that describes the character of the Tata group and the Tata brand, it is “trust". The Tata group has a unique structure in which 66% of shares in the group’s holding company, Tata Sons Ltd, are owned by charitable trusts. The profits of the group’s companies enable the trusts to address wider societal issues. The Tata brand’s distinction is the trust of society earned by the values by which the Tata group and its companies operate.
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