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Understanding the Tata Sons boardroom coup

There is no doubt that the ouster of Cyrus Mistry will go down as a landmark event in Indian business history.

business Updated: Oct 25, 2016 16:39 IST
There is no doubt that the ouster of Cyrus Mistry will go down as a landmark event in Indian business history. (Photo Reuters)
There is no doubt that the ouster of Cyrus Mistry will go down as a landmark event in Indian business history. (Photo Reuters)

The relevant details of the sensational boardroom coup at Tata Sons are still not clear.

The directors of the holding company of the sprawling Tata conglomerate announced on Monday that they were replacing Cyrus Mistry at the helm of affairs.

The group executive council he set up has been disbanded.

Ratan Tata will return as interim chairman till a new leader is found.

It is no secret that the Tata group have been struggling with several problems over the past few years...

Continue reading the opinion piece here.