Tata Group Seeks Partner After Fallout

The transcript discusses the ongoing saga involving Tata Sons, likened to a Bollywood drama. It covers the potential sale of an 18% stake owned by the Mystery Family, worth $12 billion, and Tata's preparations for such a scenario. Tata is reaching out to sovereign wealth funds to gauge interest. The situation has raised concerns about corporate governance within Tata Group, previously seen as a model of good governance. The search for a new leader to replace Mystery is underway, with internal candidates like Tata Consultancy CEO Chandrasekharan and Jaguar Land Rover head Ralph Smith being considered.

What are the implications of the allegations of lack of corporate governance on Tata Group?

How has Tata Group been perceived in terms of corporate governance prior to the recent developments?