Two of the Tata Group’s Housing Projects Are Mired in Controversy. The Tata Group, which claims to be among India’s most prestigious and ethical corporate conglomerates, has become embroiled in controversies relating to two housing projects. The projects being set up by Tata Value Homes and Tata Housing in north India diminish the group’s claim to the moral high ground.
Two prominent infrastructure companies belonging to Adani Group and Tata Group had sought the assistance of electricity regulators to hike the rate at which they sold power to several state power utility and distribution companies. They claimed that compensatory tariffs to the tune of nearly ₹8,000 crore were due to them as they had to absorb an increase in the price of coal imported from Indonesia. But this was denied to them by the Supreme Court.
