Battle at Bombay House
-
Tata vs Mistry: The inside story
From the looks of it, the battle has just begun and both sides are digging in their heels
-
Indian Hotels independent directors back Mistry
The independent directors of the hospitality company express full confidence in Mistry's abilities as chairman, queering the pitch further vis-Ã -vis the Tata-Mistry battle
-
Tata Sons announces organisational changes
As expected Rajan, Katragadda and Bhat have been retained with additional responsibilities.
-
Tata writes to employees to allay concerns
The septuagenarian interim chairman of the salt-to-software group says that decision to remove Mistry was absolutely necessary for future success of the group
-
Cyrus Mistry responds to allegations of bad management
The former chairman of Tata Sons says that board and shareholders were kept in the loop on key decisions and course of action always
-
Tata-Mistry saga: When do succession and governance go for a toss?
When non-family CEOs resign or are suddenly asked to go, the business owner may well win the battle, but he loses the war
-
Tata hits back at Cyrus Mistry as war of words turns bitter
Meanwhile stocks of Tata Group companies continue to lose value, with Rs44,000 crore of shareholder wealth eroded in three days
-
The damage is done. How will the Tata board heal the rift?
The new chairman must be someone the shareholders can trust. Else it will be a repeat of the Cyrus Mistry removal fiasco for the conglomerate
-
Decoding Ratan Tata's message to colleagues
Tata's note to the senior management asking them to measure their performance against that of peers and not their own past, indicates severe disagreement with Cyrus Mistry's way of thinking and actions
-
Mystery and Turmoil at Bombay House
As events surrounding the sudden change in leadership at Tata Sons play out rapidly, Ratan Tata symbolises stability at this crucial juncture
-
Cyrus Mistry replaced as Tata Sons chairman
The board of the salt-to-software conglomerate decided to replace Mistry, who has been at the helm for less than four years; Ratan Tata named interim chairman