On the Tata-Mistry spat
Tata Sons, the holding company of the Tata group, announced on Monday that Cyrus Mistry was being removed a chairman and that his predecessor, Ratan Tata, would step in as interim chairman. Mistry, in an email to the board that became public, warned of a Rs1.18 trillion writedown, over time, from five unprofitable businesses and questioned various decisions taken prior to his tenure.
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Published: 28 Oct 2016, 02:16 AM IST
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