Tue, Dec 13, 2016
Before the extraordinary general meeting (EGM) of Tata Consultancy Services commenced on Tuesday to cast out Cyrus Mistry from its board, the already ousted chairman wrote to the shareholders in a final appeal to change their minds.
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Mon, Dec 05, 2016
Cyrus Mistry saga continued on Monday with the ousted chairman writing a 14 page letter to shareholders before the upcoming EGMs, questioning the governance methods of the Tata Group.
Tue, Nov 01, 2016
“This difficult decision, made after careful and thoughtful deliberation, is one the board believes was absolutely necessary for the future success of the Tata group,” he said in the letter.
Sat, Oct 29, 2016
The war of words between Tata Sons and its ousted Chairman Cyrus Mistry ratcheted up a notch late on Friday, with Mistry stating he was surprised with reasons given by the Indian conglomerate for his dismissal.
Thu, Oct 27, 2016
Responding to the scathing letter written by ex-Chairman Cyrus Mistry, Tata Steel on Thursday said that the company has followed all the guidelines and has 'nothing further to comment.’
Stock exchanges late last night sought clarifications from select Tata companies on reports about Mistry listing out possible write-down risk to the tune of USD 18 billion while the group stocks have been losing value for three days now amid concerns over sudden ouster of Mistry as chairman of Tata Sons, the main holding firm for the group companies.
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