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100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
Court Slaps Rs. 1 cr on Pvt Dairy for Violating Milma’s Trademark
Wharton Executive Education and Emeritus Launch Chief Financial Officer (CFO) Program
SC Expresses Shock on Madras HC Directive to Arrest Tamil Nadu ADGP Jayaram
Hungry Thief Who Cooked Himself a Meal in Kerala Hotel Before Fleeing With Rs 25,000 Arrested
Kerala Mountaineer Sends SOS Message from Mt Denali, says Stuck in Storm
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  • Removal Unprecedented, Cyrus Mistry Email

    By NE Reporter on October 26, 2016

    MUMBAI:
    Cyrus Mistry, who was abruptly removed as Chairman of the Tata Group on Monday, has emailed board members to say he is “shocked” by how he was ousted and that the “board has not covered itself with glory” and he was not given “a chance to defend myself.”mistry
    Mistry, 48, has been replaced by his predecessor, Ratan Tata, who is back as top boss of India’s largest conglomerate for four months. As a pre-emptive move against a legal challenge from  Mistry, the Tatas have filed caveats or taken action in a series of courts.
    Mistry has described his removal as “unprecedented” in India. His office has said that he is not considering a legal move “at this stage”. The board of the $100 billion group has nine members. Six voted to remove Mistry; two abstained; Mistry, per rules, did not get a vote.

    NE Reporter

    chairman of Tata GroupCyrus MistryRatan Tata

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    • Court Slaps Rs. 1 cr on Pvt Dairy for Violating Milma’s Trademark
    • Wharton Executive Education and Emeritus Launch Chief Financial Officer (CFO) Program
    • SC Expresses Shock on Madras HC Directive to Arrest Tamil Nadu ADGP Jayaram
    • Hungry Thief Who Cooked Himself a Meal in Kerala Hotel Before Fleeing With Rs 25,000 Arrested
    • Kerala Mountaineer Sends SOS Message from Mt Denali, says Stuck in Storm

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    • Court Slaps Rs. 1 cr on Pvt Dairy for Violating Milma’s Trademark
    • Wharton Executive Education and Emeritus Launch Chief Financial Officer (CFO) Program
    • SC Expresses Shock on Madras HC Directive to Arrest Tamil Nadu ADGP Jayaram
    • Hungry Thief Who Cooked Himself a Meal in Kerala Hotel Before Fleeing With Rs 25,000 Arrested
    • Kerala Mountaineer Sends SOS Message from Mt Denali, says Stuck in Storm

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