Shaina NC felicitates Ratan Tata meets Mohan Bhagwat
In a surprising development, business tycoon and Tata Sons chairman Ratan Tata met Rashtriya Swayamsevak Sangh chief Mohan Bhagwat at RSS headquarters, Mahal in Nagpur on Wednesday afternoon news agency PTI reports. Tata was accompanied by BJP spokesperson Shaina NC. Reports said that Tata had a 30-minute talk with the RSS chief. Tata also paid tributes to RSS founder Keshav Baliram Hedgewar before meeting Bhagwat. It is reportedly said that BJP spokesperson Shaina NC felicitated this meeting between RSS chief Mohanji Bhagwat and Ratan Tata, who claimed the meeting was to discuss Tata Charity work and RSS Service to mankind.
What transpired in the meeting was, however, not known. However, the timing of Tata’s meet with the RSS chief has set tongues wagging. Tata is battling a fight with ex-Tata Sons chief Cyrus Mistry, who was unceremoniously removed from the office in October.
Tata, who had retired as Chairman of Tata Sons in December 2012 had seen off big names like Russi Mody of Tata Steel, Darbari Seth of Tata Chemicals, Ajit Kerkar of Indian Hotels, and A H Tobaccowala of Voltas in the 1990s. In contrast, Mistry, who succeeded Tata and let many believe that he would remain in the position for long, was removed even before he could settle his foot in the company affairs properly.
Tata-Mistry battle came as a shocker to the entire industry in 2016. Mistry was sacked as the chairman of Tata Sons which ensued an unending slugfest that is unlikely to end soon in the new year. There have been several speculations over the reasons for the fight that led to Tata’s return at the helm of affairs for four months.
News agency Reuters reported on December 26 that “a distinct set of governance rules” could be the reason behind the feud between the duo. The report said that at the time of his retirement in 2012, Ratan Tata had recommended a change in the laws governing the relationship between India’s largest conglomerate and its key shareholder.
“Tata wanted to make sure the Trusts, that rely on Tata Sons for dividends to fund their charitable work, could keep having a major say in company decisions,” sources told Reuters. “Mistry agreed, and in doing so sowed the seeds of his ouster from the company last October,” they added. Tata’s sudden visit to RSS headquarters exemplifies the clout wielded by Bhagwat and RSS at the state level besides reinforcing the belief that Nagpur is a parallel power centre in the country. Tata also visited Deekshabhoomi, the place where Dr Babasaheb Ambedkar embraced Buddhism along with his followers in 1956.