Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
The city's landmark five-star Taj Mahal hotel, popularly called the Taj Mansingh after the road it's situated on, is likely to get yet another lease extension.
Don't bet everything you have, Lemon Tree's Patu Keswani tells Pavan Lall.
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
The company divests from properties abroad to focus on its key markets.
Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Culinary legend Satish Arora hangs up his apron after almost 5 decades of service at the Taj group of hotels.
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.