Inside the fault lines of Mistry versus Tata
Both sides are seeking a solution to the leadership saga at the Tata group. But new factors are queering the pitch
Even if the cash-strapped Mistrys choose to sell, the multibillion-dollar question is: who can fund a deal as large as this? Tata Sons may not be able to do so, given its own stretched resources
MUMBAI : On 18 December, Cyrus Mistry received the news of his reinstatement as the chairman of Tata Sons Pvt. Ltd with disbelief. According to people aware of the events of that day, this was soon followed by celebrations at the Mistry family-owned Shapoorji Pallonji group’s headquarters in South Mumbai’s Apollo Bunder.