noel tata at htls
New Delhi, Nov. 15 -- Tata Trusts chairman Noel Tata said on Saturday that he wasn't against the conglomerate's directional push but questioned its discipline in executing these projects, adding that taking the holding firm Tata Sons public will fundamentally alter the "Tata way" of working.
Speaking at the 24th Hindustan Times Leadership Summit, Tata said the Trusts remained ready to back Tata Sons' national projects and underlined the salt-to-software conglomerate's core philosophy that foregrounded philanthropy.
"My worry is that listing, which is what some people are proposing, will change this way, the Tata way. And one day, if we have 30,000, 40,000 shareholders, profit may take precedence over philanthropy. And I think that will fund...
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