Tata Trusts managing trustee R. Venkataramanan resigns

R.Venkataramanan, a long-time Tata Group associate, resigned as managing trustee of Tata Trusts on Wednesday. A late evening press release from Tata Trusts, which has majority control of the $100 billion Tata Sons Ltd, said that the trusts have accepted his resignation and that Venkataramanan will relinquish his responsibilities on 31 March.