The Tata Group, one of India’s most iconic conglomerates, is grappling with a series of internal and external challenges that threaten its stability and growth. A year after the passing of Ratan Tata, the visionary leader who transformed the group into a global powerhouse, the company is embroiled in a boardroom power struggle and facing significant business headwinds. The group, which owns renowned brands like Jaguar Land Rover (JLR) and Tetley Tea, is also navigating crises in its newer ventures, including semiconductors, electric vehicles, and the revival of Air India. Recent reports suggest that Mehli Mistry, a close confidant of Ratan Tata and a trustee on the board of Tata Trusts, has been ousted, though this remains unverified. The internal discord stems from disagreements among trustees over board nominations, funding approvals, and the potential public listing of Tata Sons, the group’s holding company. The SP Group, Tata Sons’ largest minority shareholder, is pushing for a public listing, while most trustees oppose the move, fearing it would dilute decision-making authority and expose the company to market pressures. The conflict has raised governance concerns and tarnished the group’s reputation, compounded by recent setbacks such as the Air India crash and a cyber-attack on JLR. Amid these challenges, the tenure of Tata Sons’ chairman, N Chandrasekaran, has reportedly been extended. Experts warn that the group’s current instability could have short-term destructive effects but may eventually lead to a more transparent and accountable structure.