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Billionaire Nusli Wadia could be one of the rare men who battled Ambanis and Tatas and lived to tell the tale

Billionaire Nusli Wadia could be one of the rare men who battled Ambanis and Tatas and lived to tell the tale
Thelife1 min read

  • Wadia who manages various businesses from biscuits-to-textiles-to-airlines, sued his childhood friend, Ratan Tata after Tata group removed him as the independent director of Tata Motors for supporting Mistry.
  • Wadia, who was once called as the epitome of South Bombay’s old money and genteel respectability, has been a part of many corporate brawls during 1970s and 1980s.
  • One of the many first corporate fights was with his father, Neville Wadia, who was the chairman of Wadia Group.
  • Then the next battle was against the Ambanis.
The infamous exit of Cyrus Mistry as the chairman of the $103 billion Tata group had unfolded a lot of drama in Tata boardrooms. One of its many offshoots was that it angered billionaire Nusli Wadia who was caught in the crossfire which culminated into a court case.

Wadia who manages various businesses from biscuits-to-textiles-to-airlines, sued his childhood friend, Ratan Tata. While the Mistry-Tata war was at its zenith, Wadia threw his weight behind Mistry. As a result, the Tata group removed him as the independent director of Tata Motors.

Wadia filed a defamation case against Ratan Tata and his Tata group. He claims that he “never entered any dispute unless he felt wrong”. And, for three years the case went on during which time his net worth doubled from $3.5 billion to $7billion in 2019, according to Forbes.

Here’s how things unfolded for Nusli Wadia , who stood against Ratan Tata:


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