...
...
Next Story

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.

Updated on: Oct 25, 2016, 16:39:15 IST
Advertisement

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

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 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.

 
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe