Tata-Mistry fight sets off Diwali fireworks

THE ECONOMIC TIMES Sat, Oct 29, 2016 | 12:36 PM IST Weekly News Platter

Tata-Mistry divorce settlement might cost $16 billion As for Mistry, at $16 billion, he would walk away with 4.5% return on the $200 million loan the Tata family took from outsiders 91 years ago. readmore Tata Sons hits back: Cyrus Mistry's mail leak unforgivable "There is a multitude of records to show that the allegations made by Mistry are unwarranted and these records will be disclosed before appropriate forums." Cyrus Mistry has damaged the group's image: Ratan Tata In a five-page letter sent to Tata Sons and the Tata Trusts after he was sacked, Mistry had delivered a stinging rebuke largely targeted at Ratan Tata.

Editor's Pick Why Mistry would have never had it easy at Tata even if he wanted to Even if a family scion gives up power willingly, as Ratan Tata seemed to do, he or she continues to exert an inexorable influence on company managers. Cyrus Mistry's strategy 2025 was rejected by Tata Sons board Tata Sons is likely to say that there was no breach of corporate governance in its decision to remove Mistry as the chairman of Tata Sons. Cyrus Mistry: The man who remained only prince at Tata Group Four years ago Mistry, half-Irish and half-Indian, became the second non-Tata to rise to the top in the history of the business group at Bombay House. Why some Parsis and retirees in D-Street are quietly celebrating Mistry's exit These are the long-term investors of various Tata Group companies who have been squeezed by Mistry's conservative dividend policy of late.

Most Popular This Week Cyrus Mistry says he was powerless as Tata chairman Indra Nooyi, N Chandrasekaran among top contenders for Tata Sons Chairmanship Behind the scenes: What led to Cyrus Mistry ouster Cyrus Mistry's ouster: Communication gap leaves Tata employees jittery Ratan Tata shouldn't have come back after walking into the sunset: Mohandas Pai

Story of The Week Cyrus Mistry throws a letter bomb at Tata Cyrus Mistry on Monday afternoon was removed as Tata Sons Chairman. The move sent shock waves across the corporate world. read more

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Stock Round Up Jhunjhunwala's Diwali advice: Don't fall for tips, try and own a home In an interview with Bollywood actor Katrina Kaif, Jhunjhunwala said retail investors should make it a habit to seek professional advice while investing.

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