The latest missive from Cyrus Mistry defending his actions in the Tata DoCoMo deal and other charges levelled against him by Tatas is bringing the Tata Sons boardroom coup to a new low. Is there an end in sight to this you-did-it-no-i-did-not war of words? After Cyrus Mistry, former chairman of Tata, was sacked and Ratan Tata, the old guard, ... Read More »
Tag Archives: ratan tata
Ratan Tata Wants Buyer For Cyrus Mistry’s Stake In Tata Sons: Report
Ratan Tata, who returned this week to the helm of India’s largest conglomerate, is seeking a partner that could buy out the Tata Sons Ltd. stake held by the family of ousted Chairman Cyrus Mistry, people with knowledge of the matter said. The Tata family trusts have reached out to sovereign wealth funds and other long-term investors to gauge their ... Read More »
Full text of Cyrus Mistry’s letter to Tata Sons Board
While Tata Sons followed up the sacking of its Chairman Cyrus Mistry on October 24 by inducting two new directors into the board, the now ousted former chairman has criticised the board room ‘replacement’ in an October 25 emailed letter and termed the move as ‘shocking and unparalleled’ in the annals of corporate history. According to the letter Mistry has ... Read More »
Tata Group named India’s best-known global brand
As Ratan Tata steps down and Cyrus Mistry steps in at Bombay House Friday, top CEOs of the world have said the $100-billion Tata Group isIndia’s best-known global brand within and outside the country. “Ratan Tata occupies the well-deserved iconic status who has taken the group from largely an Indian family-owned business house into a professionally managed global conglomerate,” a ... Read More »
Came close to getting married four times: Ratan Tata
NEW DELHI: Revealing one of the best kept secrets of his personal life, the bachelor industrialist Ratan Tata has said that he had fallen in love and had come seriously close to getting married as many as four times. But in the hindsight, he thinks it was not a bad thing to remain unmarried and the situation would have been more ... Read More »
Ratan Tatas next vision-Cars Running On Water
In tune with the Past President Abdul Kalam’s call for dream, the President of Tata Motors, Ratan Tata is on the verge of realizing cars running on water. To make cars running on water Ratan Tata invested $15 million for initiating researches, said a scientist involved in the venture.According to the Chairman of the Scientific Advisory Council to the PM ... Read More »