00:00A political war of words has erupted between Rahul Gandhi and the BJP over Tata Group's escalating leadership dispute.
00:07Rahul Gandhi accused the centre of criminally destroying Tata.
00:11He has also questioned why Tatas met at Shah's residence.
00:16Hitting back at Rahul Gandhi, BJP accused him of making politically motivated remarks without evidence
00:21and questioned his attempt to turn a corporate dispute into a political controversy.
00:26Earlier, Finance Minister Nirmala Siddharaman had also challenged Rahul Gandhi's remarks,
00:31saying commercial and legal matters should not be labelled criminal.
00:36The political confrontation comes amid a brewing leadership battle at Tata Sons
00:41after Noel Tata challenged the resolution to reappoint N. Chandrasekharan as chairman,
00:48citing alleged procedural lapses.
00:56Press Varta karke Tata Group ke uppar arrop lagayethe.
01:01This is the point of view, within виде, without reason,
01:06he has simply known to be the law that has been a result of the trade.
01:08Now, the question on how to say,
01:13is that the truth must have done something that has been about the rights to Allah,
01:18that we have to do aordination of a law.
01:18whether you have any proof labry,
01:21that has been a result of the law that we have passed,
01:21you know the truth of the law.
01:22The law is correct.
01:22You know the law is correct.
01:24The law is correct.
01:25If your repentance is correct in the law,
01:28the law is correct.
01:30The battle for control of the Tata group has spilled into the political arena.
01:34Rahul Gandhi has accused the Modi government of destroying Tata.
01:39With Finance Minister Nirmala Sitarataman hitting back at the Congress leader,
01:43Sharad Bawar has backed Nohul Tata as a boardroom battle
01:48over N. Chandra Shekharan's reappointment threatens to move to the courts.
01:52So what began as a corporate power struggle is now turning into a political face-off.
01:57Take a look.
02:02The battle for control of Tata group is now a political flashpoint.
02:07Leader of Opposition Rahul Gandhi on Wednesday waded into the controversy with a social media post.
02:13He said Tata is being criminally destroyed and no business leader dares say a word.
02:20How long will you stay silent until they own you?
02:23Indian business is not Modi and Shah's plaything.
02:26You lack courage.
02:28We don't.
02:29We will ensure justice for these crimes.
02:32Rahul Gandhi is the second opposition leader to comment on the corporate war that has left India, Inc. Shekhar.
02:40Earlier, Sharad Bawar had come out in support of Nohul Tata and called for protection of charitable ownership of Tata
02:48group.
02:48If Rahul Gandhi has written anything, if Rahul Gandhi has written anything behind him, there is an issue behind him.
02:53Tata is the second name of Bharose.
02:56And the other name of Bharose is the second name of Bharose.
02:57And those who are helping from the other name of Bharose is the second name of Bharose.
02:59So Bharose and Bharose have to decide both sides of the issue.
03:03Finance Minister Nirmala Sitaraman has hit back at Rahul Gandhi.
03:06In a response posted on social media, the finance minister asked the leader of opposition to refrain from politicising every
03:14issue.
03:15Sitaraman added that casually labelling commercial and legal matters as criminal is unacceptable.
03:22She wondered if Rahul Gandhi was trying to incite business leaders to join him in spreading distrust and toxicity.
03:30Sitaraman claimed the Congress governments smothered Indian entrepreneurs for decades under licence Kota Raj and inflicted poverty on crores of
03:40Indians.
03:40She said Modi government values the Indian industry as job creators and drivers of economic growth.
03:48In his counter, Rahul Gandhi posed two questions to the finance minister.
03:53Which legal and commercial matter required Tata Trust and Tata Sons to be hosted at Amit Shah's residence?
03:59When is crony number one going to appear in the game and which pieces of Tata is he going to
04:06get?
04:07The political face-off comes a day after Tata Trust's chairman Noel Tata challenged the resolution to reappoint N. Chandrasekharan
04:15as Tata Sons chairman for five years.
04:18He questioned the validity of the decision taken at the company's September 17 board meeting.
04:23In a letter to Tata Sons company secretary on Monday, Noel Tata cited procedural irregularities in how the resolution was
04:32brought before the board.
04:33Noel claimed that Chandrasekharan's reappointment was not in the original agenda for the board meeting and the reappointment proposal was
04:42taken up out of turn.
04:43Noel Tata, who heads Tata Trusts, which owns around two-thirds of Tata Sons, had opposed Chandrasekharan's reappointment during the
04:52board meeting.
04:53The fight between Tata Sons chairman N. Chandrasekharan and Tata Trust trustee Venu Srinivasan on one side and Noel Tata
05:02on the other is nowhere near an end.
05:04The battle for control of India's second-largest business group looks set to move from the boardroom to courts now.
05:12Bureau Report, India Today.