Fighting fit
For decades, Nusli Wadia, 72, Chairman of the Wadia group of companies, kept a close watch on the Tata group as an independent director on the boards of Tata Chemicals, Tata Steel and Tata Motors. And that’s because J R D Tata asked him to look after the group’s interests just before he left for Europe on his last journey. In fact, J R D wanted a more binding relationship. Six months before his death in 1993, he asked Wadia to take over as group vice-chairman. Wadia refused as he did not want to come in
For decades, Nusli Wadia, 72, Chairman of the Wadia group of companies, kept a close watch on the Tata group as an independent director on the boards of Tata Chemicals, Tata Steel and Tata Motors. And that’s because J R D Tata asked him to look after the group’s interests just before he left for Europe on his last journey. In fact, J R D wanted a more binding relationship. Six months before his death in 1993, he asked Wadia to take over as group vice-chairman. Wadia refused as he did not want to come in