Uneasy lies the Tata crown3 min read 24 Oct 2016, 08:19 PM IST
That Cyrus Mistry wasn't even given the option of resignation holds out the promise of more developments at Tata Sons
Those who have known Ratan Tata well over the years vouch for his sense of fair play, his innate courtesy and his infectious smile. What they also tell you is that he conceals an iron fist in a velvet glove. When it comes to business or matters related to his business interests, this is a man who believes not in win-win but win-lose—I win and you lose. He may be 78 years old and for the last four years he seems to have been content playing the benevolent angel to a clutch of technology start-ups. But if you thought he had taken his eyes off the ball, the tough words in his signed statement as the new interim chairman of Tata Sons Ltd, following the abrupt and shocking replacement of Cyrus Mistry, should put such thoughts to rest. “I have agreed to do so in the interest of stability and reassurance to the Tata group." That’s not a man looking to appease anyone, not even someone he helped appoint as his successor less than four years ago.