Tue, Oct 25, 2016
Shares of Tata Group companies opened weak on Tuesday. However, Tata Teleservices was the only major company of Tata Sons that was trading up by over 3%.
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The Mistry family is the second largest shareholder in Tata Sons with over 18% stake. Media reports said that the family has decided to take legal action against the Board for not following due procdure before sacking Mistry.
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