CALCULATE YOUR SIP RETURNS

Mohini Mohan Dutta: The Mystery Beneficiary in Ratan Tata’s ₹500 Crore Will

Written by: Team Angel OneUpdated on: Feb 10, 2025, 4:21 PM IST
Ratan Tata’s will names Jamshedpur-based entrepreneur Mohini Mohan Dutta as a beneficiary, set to inherit ₹500 crore, sparking speculation about their association.
Mohini Mohan Dutta: The Mystery Beneficiary in Ratan Tata’s ₹500 Crore Will
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

The opening of Ratan Tata’s will has named Mohini Mohan Dutta, a Jamshedpur-based entrepreneur, as a beneficiary, bringing attention to a figure previously unknown to many. Reports suggest that Dutta is set to inherit approximately ₹500 crore, leading to speculation about his relationship with the late industrialist.

Who is Mohini Mohan Dutta?

Mohini Mohan Dutta is an entrepreneur from Jamshedpur, Jharkhand. He owned a travel agency called Stallion, which was later merged with Taj Services, a part of the Taj Group of Hotels. His family reportedly held an 80% stake in Stallion, with Tata Group owning the remaining 20%. Dutta is also the director of TC Travel Services, which is associated with Thomas Cook.

Dutta’s family has also been connected to the Tata Group professionally. One of his daughters worked at Taj Hotels before joining Tata Trusts, where she was employed for nine years.

Association with Ratan Tata

Dutta and Ratan Tata first met when Tata was 24 years old. Over the years, their association remained largely private. According to reports, they had known each other for six decades. Dutta has stated in the past that Tata had a role in shaping his career.

Dutta was among the attendees at Tata’s birth anniversary event in December 2024 in Mumbai, as well as his funeral in October.

Details of the Will

Ratan Tata, who passed away at 86, left most of his estate to charitable trusts. His half-sisters, Shireen and Deanna Jejeebhoy, were also named as beneficiaries. However, Dutta’s share reportedly ₹500 crore, has led to speculations.

The will has drawn attention as some members of the Tata family, including Noel Tata, were not included. The reasons behind these decisions remain unknown. As legal proceedings continue, Dutta’s inheritance remains a subject of discussion.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Published on: Feb 10, 2025, 4:21 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers