'And he was really trying just to do the best by the shareholders, and by the laws of India.'
'Wherever the businesses are not up to the size of the Tata group, Cyrus Mistry initiated actions to move out of those businesses.'
Mistry is not the first Tata bigwig to be ousted and Tata is not the only big name which saw a doyen or two leave
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Long have I waited for a car to replace the Tata Safari feel in driving, and this updated version of the Tata Harrier is just IT, exclaims Rajesh Karkera/Rediff.com.
'The Tata group will need for its new leader to show the same foresight and willingness to go against conventional wisdom at times to keep the group's aspirations high and uphold the values of innovation, ethics, corporate responsibility, trust and leadership that are frequently associated with the Tata name.'
'Tata Steel has doubled, Tata Motors has more than doubled, and Tata Chemicals too has more than doubled.' 'So, Cyrus Mistry was getting accepted by the market for bringing in the change that was good for the group companies.'
The stranglehold of the founders over the Infosys management has strengthened after the recent changes.
The $12.1 billion Corus acquisition-the biggest global acquisition made by an Indian company-ended up as a millstone around Tata Steel's neck, points out Indrajit Gupta.
Cyrus Mistry undertook quite a few significant initiatives at the Tata Group in the past two years.
"We are waiting for any input from any quarter," Civil Aviation Secretary R N Choubey said, adding, "We have not received anything so far".
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
Refusing to be drawn into a point by point clarification of Mistry's letter, the company said: "It will be beneath the dignity of Tata Sons to engage in a public spat with regard to the several unfounded allegations appearing in his leaked confidential statement."
'JRD Tata was a visionary who established civil aviation in India'.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
Now mergers, acquisitions, sale of assets, fundraising, strategic intent and competitive position in the market are part of business life everywhere.
'Cyrus was also generous, hospitable, sharing of whatever he had.' 'He never ever acted like the inheritor of great wealth.'
A look at the top tweets from your favourite Bollywood celebrities.
'The main thing Cyrus left is to tell us that you can be a business leader by being good.' 'He practiced that in all of his dealings, in all of his decisions -- in the way he thought, the way he behaved and indeed as he spoke.'
Maharashtra Chief Minister Devendra Fadnavis took time out from his hectic schedule for his daughter Divija, as he made a visit to the KG student's school on Wednesday.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
'Parsis are brought up with a great sense of the importance of truth and speaking your mind.'
Even in ruin, Jet retained its one essential brand quality: Dignity, says brand guru Sandeep Goyal.
'While Modi is undoubtedly the star of the show, the online sphere has found in Modi the champion to re-engineer what it means to support the right.'
Prime Minister Narendra Modi is not taking along an industry delegation to the US but top representatives of India Inc are likely to travel to New York and Washington to be part of the power-packed business meetings and receptions being hosted for him.
The distinction between "cheap" and "affordable" is a fine one, but no one understands this better than India's aspirational first-time car-owner, says Kanika Datta.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'It was unfair to expect him to continue to keep on supplying vaccines without being given a firm commitment or a financial grant of any sort.'
Nikhil Lakshman remembers the times he spent with the legendary writer who passed into the ages six days before his 86th birthday.
'It appears that Prime Minister Modi has to undo 50 years of State monopoly in the defence sector during which public undertakings like HAL or DRDO monopolised defence production and development with disastrous consequences.'
Dr Raghuram Rajan's departure holds lessons for all, be it sections of the media, politicians or the people themselves. We need to learn how to value and retain talent. At the same time the talented must realise that talent alone does not ensure the top job, says Sanjeev Nayyar.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
The Aam Aadmi Party (AAP) has to deal with 3 powerful enemies: the media, the political establishment, and business houses.
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