Ratan Tata, the iconic businessman who passed away last year, has named Mohini Mohan Dutta in his will, who reportedly bequeathed a wealth of ₹500 crore. According to an Economic Times report, the inner circle was perplexed as Ratan Tata’s association with the beneficiary is known only to a few.
Who is Mohini Mohan Dutta?
Mohini Mohan Dutta is an entrepreneur in Jharkhand’s Jamshedpur.
Mohini Mohan Dutta owned a travel agency called Stallion. In 2013, it merged with a subsidiary of the Taj Group of Hotels, Taj Services.
Mohini Mohan Dutta and the family held 80 percent stake in Stallion; the remaining was owned by the Tata Group.
Dutta was also a director of TC Travel Services, an erstwhile affiliate of Thomas Cook.
Mohini Mohan Dutta was an associate of Ratan Tata and was known to his family circles, reported ET.
Dutta has two daughters. One of them worked for Tata Trusts for nine years. She was an employee of Taj Hotels before that.
ET reported citing sources that Mohini Mohan Dutta used to describe himself as being close to Tata family members.
He reportedly met Ratan Tata in Jamshedpur at the Dealers’ Hostel when the latter was 24. They had known each other for 60 years. He had said that Ratan Tata “built me up”.