Who is Mohini Mohan Dutta—inheriting over ₹500cr from Ratan Tata?
What's the story
The recent revelation of Ratan Tata's will has unveiled an unexpected beneficiary, Mohini Mohan Dutta. This Jamshedpur-based entrepreneur has been bequeathed over ₹500 crore by Tata, according to The Economic Times. The relationship between Dutta and Tata spans several decades, with some viewing Dutta as an adopted son due to his substantial inheritance.
Initial encounter
Early connection with Tata
Now in his 80s, Dutta first met Ratan Tata in Jamshedpur at the Dealers's Hostel in the early 1960s. Back then, Tata was a 24-year-old young man, still finding his footing in the Tata empire. This meeting was the start of a long-lasting relationship that shaped Dutta's life in many ways.
Career path
Dutta's professional journey with Tata
Dutta began his career with the Taj Group before establishing his own business, Stallion Travel Agency. The venture subsequently merged with Taj Services, a division of the Taj Group of Hotels, in 2013. The agency was then acquired by Tata Capital and later sold to Thomas Cook (India). Dutta still serves as a director of TC Travel Services and holds shares in several Tata Group companies.
Family connections
Dutta's deep ties with the Tata family
Dutta's daughter has been associated with Tata Trusts for almost a decade after beginning her career with Taj Hotels. Despite his close association with the Tata family, Dutta's prominent position in Ratan Tata's life remained largely unknown until the will was revealed. The revelation has since piqued curiosity and speculation over why he was chosen to inherit such a large chunk of Tata's personal estate.