Did you know that one of India’s biggest business empires was once saved by a single loan? 💰

In the 1920s, Tata Sons was struggling financially.

A wealthy landowner, financier, and strong promoter of education, Framroze Edulji Dinshaw, stepped in to help.

He loaned them ₹1 crore—a staggering sum at the time.

In today’s terms, that would be approximately ₹454 crore adjusted for inflation at an average 6% annual rate!

In return, he was promised a share of the profits—25% from Tata Steel and 12.5% from Tata Hydro-Electric Systems. But since the Tatas were unable to repay him, the shares remained with him.

When Framroze Edulji Dinshaw passed away in 1936, his Tata Sons shares were acquired by his close friend, Shapoorji Pallonji Mistry. And that’s how the Shapoorji Pallonji family became deeply linked with the Tatas. Today, they hold nearly 18% in Tata Sons!

•  Freishia B.