
Anirudha Yerunkar
He is working as Chief Sub Editor with India.com and has experience in Digital Media and YouTube. He has covered Budget 2023, 2024, 2025 for reputed channels. Born and brought up in Mumbai, he is an e ... Read More
Ratan Tata’s recently opened will has left many shocked as it includes a provision to allocate Rs 500 crore (approximately a third of his residual assets) to an individual named Mohini Mohan Dutta, a travel sector entrepreneur who is from Jamshedpur. This revelation has surprised not only the Tata family but also Ratan Tata’s close associates, as Dutta was not widely known as part of his inner circle, as reported by Economic Times report.
Mohini Mohan Dutta comes from a family that owned Stallion Travel Agency, a well-established business in Jamshedpur. In 2013, the Stallion Travel Agency was merged with Taj Services, a subsidiary of the Tata Group. The Dutta family had an 80% stake in Stallion, while the remaining 20% was owned by Tata Industries. Additionally, Mohini Dutta has served as a director of TC Travel Services, a former associate company of Thomas Cook.
According to media reports, Dutta had maintained a long-standing association with Ratan Tata. While his name was not prominent in public discussions about Tata’s personal or professional relationships, he was known to select individuals within Tata’s family and private circle.
The will was opened following the passing of Ratan Tata, the former chairman of Tata Trusts. Alongside this unexpected allocation of Rs 500 crore to Dutta, the rest of Ratan Tata’s wealth has been primarily kept for charitable causes. His half-sisters, Shirin and Dina Jasjeebhoy, who are among the four executors of the will (along with Darius Khambata and Mehli Mistry), have also expressed interest in donating their shares to philanthropic efforts.
When asked about this development, Mohini Dutta declined to comment. Similarly, the executors of the will have refrained from issuing any public statements. Legal experts believe that the will may undergo scrutiny due to the surprising nature of the asset distribution, especially given the significant allocation to an individual outside the immediate family.
Ratan Tata’s decision to leave a substantial portion of his wealth to a relatively unknown associate is being viewed as characteristic of his deeply personal and thoughtful approach to relationships. His legacy of philanthropy and personal connections continues to inspire both admiration and intrigue.
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