Darius Khambata Resigns from Tata Trusts Over Tata Sons Controversy

Darius Khambata has resigned from the board of Tata Trusts following contentious developments involving Tata Sons. He expressed grave concern that events on September 17 seriously sullied the reputation of Tata Sons. Furthermore, Khambata strongly criticized the outcome of the Trusts' recent engagement with the Reserve Bank of India regarding regulatory positions. This high-level resignation highlights growing internal governance concerns within the prestigious conglomerate.