India's Tata Seeks to Avoid Fratricide

In a country where bitterness has often ruled succession among some of India's most prominent companies, the 141-year-old, US$71-billion Tata conglomerate appears to be a remarkable exception.

Instead of getting set for a squabble as Tata's 72-year-old chairman, Ratan Tata, prepares to retire in 2012, the conglomerate has created a five-member panel to s…