Tata trustees had a role in Welspun deal structuring: Report
Tata Trusts trustees were involved in discussing the structure of acquisition of Welspun Renewables Energy by Tata Power, reports stated. This is a "huge concern" as Tata Trusts is not Tata Powers' shareholder, and so one can question whether it violated the law, an official said. Tata companies need to define clearer structures in how they carry business, he added.