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Home » Tag Archives: Tata Sons

Tag Archives: Tata Sons

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, Starbucks to boost synergy with new global initiatives

The two groups have been running Tata Starbucks coffee chain in the country since October 2012 as part of a joint venture. Tata Sons and Starbucks have finalised multiple new joint initiatives to expand their collaboration at a global level, apart from building the iconic American coffee chain’s brand and business. The initiatives include sourcing Indian coffee for the US ... Read More »

How is TCS solving its high attrition problem?

Tata Consultancy Services (TCS) was India’s most profitable firm before Mukesh Ambani-led Reliance Industries dethroned it yesterday. But there are bigger issues that TCS top-brass has to deal with — high attrition. For the year ended March 31, 2015, TCS lost 14.9% of its total workforce of over 3 lakh employees. The company lost a total of 47,931 employees in the year, ... Read More »