Why Tata Sons' boardroom battle could be a 'blow to India'. A veteran corporate leader believes the Tata Sons boardroom battle could be a "blow to India". Corporate leaders fear that undermining Tata Trusts’ authority as a 66% majority shareholder could set a dangerous precedent for ownership rights in India. Potential RBI-mandated listing requirements could create policy uncertainty, while the public feud risks damaging India's global corporate image.