This is why Cyrus Mistry’s death has adversely affected NCP MP Supriya Sule; Shiv Sena MP Priyanka Chaturvedi sends hugs

NCP MP and Sharad Pawar’s daughter, Supriya Sule, was one of the first to publicly condole the death of former Tata Sons Chairman Cyrus Mistry after the latter died in a road accident in Palghar in Maharashtra. Days later, Sule once again took to social media to express her grief on Mistry’s death saying that … Read more

Twitter explodes with conspiracy theories as netizens suspect foul play behind Cyrus Mistry’s death

The tragic death of former Tata Sons Chairman Cyrus Mistry has stunned many Indians with politicians and industrialists reacting in shock. Mistry was killed in a road accident as he travelled from Ahmedabad to Mumbai in his Mercedes car. His driver and one other person travelling with Mistry were injured and have been shifted to … Read more

“Devastating News”: Condolences pour in for Cyrus Mistry after his tragic death in road accident

Condolences have been pouring in for Cyrus Mistry after the former Chairman of Tata Sons died in a car accident near Mumbai. Mistry died after his Mercedes car hit a divider in Paldhar in Maharashtra. He was travelling from Ahmedabad to Mumbai. NCP Member of Parliament and Sharad Pawar’s daughter, Supriya Sule tweeted, “Devastating News … Read more

Former chairman of Tata Sons Cyrus Mistry killed in road accident near Mumbai

Former chairman of Tata Sons, Cyrus Mistry, has died in a road accident near Mumbai. Mistry was travelling from Ahmedabad to Mumbai in his Mercedes car when his vehicle hit a divider in Palghar in Maharashtra. Mistry was unceremoniously removed from his post as the chairman of Tata Sons in 2016. Natarajan Chandrasekaran was named … Read more

Explosive details emerge on how Cyrus Mistry was sacked by Ratan Tata

A year after Cyrus Mistry was fired from his post as the Tata Group chairman, a former company executive has now posted the graphic details on the circumstances under which the former’s sacking took place. Nirmalya Kumar, who was group executive council (GEC) member under Cyrus Mistry, has written a blog outlining how the former … Read more

Ishaat Hussain replaces Cyrus Mistry as TCS Chairman

Tata Sons has appointed Ishaat Hussain as the Chairman of the group’s hugely successful IT firm TCS in place of Cyrus Mistry, who was ousted last month. “The company (TCS) has received a letter dated November 9, 2016 from Tata Sons Ltd nominating Ishaat Hussain as the Chairman of the Board of Directors of the … Read more

Mistry’s removal was ‘absolutely necessary’ for future success: Ratan Tata

As ousted Tata Group Chairman Cyrus Mistry stepped up his attack, Ratan Tata,on Tuesday, hit back saying his removal was “absolutely necessary” for the future success of the Tata Group. “The decision to change the leadership of Tata Sons was a well-considered and a serious one for its board members. This difficult decision, made after … Read more

Ratan Tata hits back at Cyrus Mistry, says his removal was ‘absolutely necessary’

As ousted Tata Group Chairman Cyrus Mistry stepped up attack, Ratan Tata today hit back saying his removal was “absolutely necessary” for the future success of the Tata Group. “The decision to change the leadership of Tata Sons was a well-considered and serious one for its board members. This difficult decision, made after careful and … Read more

Tata group cos lose over Rs 26,000 cr in mcap in 3 days

Tata group stocks lost ground for the third day on Thursday amid concerns about purported disclosure made by ousted group chairman Cyrus Mistry about huge write-down risks at some firms, taking the total market value erosion to over Rs 26,000 crore this week. Barring TCS, rest of the other major group companies saw continued decline … Read more

Mistry fully empowered to lead, lost confidence of Board: Tatas

Hitting out at Cyrus Mistry for making ‘unsubstantiated claims and malicious allegations’, Tata Sons on Thursday said the former chairman was fully empowered to lead the group and its companies but had “overwhelmingly” lost the confidence of board members. With the contents of Mistry’s letter, which he wrote to its Board members after being sacked, … Read more

Disclosures made, no more comments: Tata power on mistry letter

Tata Power on Wednesday said it has always made all relevant disclosures and has no further comments to offer following comments by ousted Tata Group chairman Cyrus Mistry regarding Mundra power project in his letter to Tata Sons board. Against the backdrop of high profile Tata-Mistry case, stock exchanges have sought clarifications from various group … Read more

Sacked Tata chairman Cyrus Mistry alleges Rs 22 crore fraudulent transactions by his former employer

Flagging “ethical concerns” in Tata group’s aviation joint venture with Air Asia, ousted Chairman Cyrus Mistry has alleged that forensic investigation revealed fraudulent transactions of Rs 22 crore involving non-existent entities in India and Singapore. As the bitter war played out between him and interim Chairman Ratan Tata, Mistry also alleged that due to the … Read more

टाटा ग्रुप से क्‍यों हटाए गए साइरस मिस्‍त्री, जानिए कुछ खास बातें

चेयरमैन पद से साइरस मिस्‍त्री की विदाई चर्चा का विषय बनी हुई है। टाटा ग्रुप ने साइरस मिस्‍त्री हटाए जाने के कारणों का खुलासा अभी तक साफ तौर पर नहीं किया है, लेकिन साइरस के कम्पनी हित में लिए गए पूर्व के निर्णयों पर बोर्ड उनसे खासा नाराज चल रहा था। अंग्रेजी न्‍यूज चैनल एनडीटीवी की … Read more

Mistry’s ouster: Tatas file caveats in Supreme Court, HC and NCLT

Tata group on Tuesday filed caveats in Supreme Court, Bombay High Court and National Company Law Tribunal to prevent ousted Tata Sons Chairman Cyrus Mistry from getting an ex-parte order against his sacking. According to sources, the Tatas don’t want any court to pass any ex-parte orders without hearing their side of the story. “They … Read more