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Mistry calls sacking illegal, says wasn't given any freedom
Tata Group chairman Cyrus Mistry is keen to promote the 'Make in India' campaign.
Mistry was in the state on his first visit as the head of the conglomerate
A naturally reclusive nature and a conviction for the work to do the talking meant there was very little known about Mistry even during his time at the helm of Tata Sons. He did not do a single media interview from Bombay House.
He is focussing on tightening the belt of the conglomerate left bloated by explosive growth under his predecessor.
On Tata's retirement in December, 2012, Mistry will take the charge of IHCL.
Tata group's market value is up 38% against the 9% rise in the Sensex in the past 12 months.
Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
In the decade and a half he has been at the helm of the Rs 9,000-crore group (Rs 90-billion), Mistry has helped it build an impressive portfolio.
SP Group chairman Shapoorji Pallonji Mistry on Friday reiterated calls for public listing of Tata Sons to bring transparency, amid infighting among trustees of Tata Trusts which controls a 66 per cent stake in the holding company of the salt-to-software conglomerate. Shapoorji Pallonji family is the single largest minority shareholder with about 18.37 per cent in Tata Sons.
Hussain shall hold office as the chairman of the company until a new chairman is appointed in his place
Tata spoke about his 50 years with the group, 21 as its chairman, the highs and lows of his tenure, his equation with Mistry and his post-retirement plans during an expansive interview to PTI in his office at 'Bombay House', the group headquarters.
Clarity on Tata Sons' position on listing, as of 2025, would help define the future of the group better, irrespective of the RBI stand. As of now, the ball is in the RBI's court, and everyone is watching the space, points out Nivedita Mookerji.
Experts view this as a case of "failed experiment" in succession
Marking a generational change, Tata, who turns 75 tomorrow, will hand over the reins of the group to 44-year-old Cyrus Mistry, who was chosen his successor last year and formally appointed Chairman earlier this month.
The matter related to supply of low floor buses by Tata Motors to Government of Tamil Nadu.
In 2014, Tata group had launched Tata Engage, a group volunteering programme that already has participation of over 55,000 employees of the group from over 100 companies spread across 65 countries.
Of the six chairmen that Tata group has had in its 148 years, the longest serving was Jehangir Ratanji Dadabhoy
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
Ratan Tata was deeply involved in promoting a technology-oriented culture in the group
To deliver on strategy that late Slym was executing.
He wants his companies to have speed and agility to adapt to turbulent times
A non-executive director typically does not engage in the day-to-day management of the organisation
Experts say the impact is limited to investors and potential employees and may ease out in the next few months
Clark's predecessor Sajid Javid had pledged to help Tata Steel UK with a proposed package of measures and new British PM Theresa May is reportedly supportive of the plan
Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman
Reticent author Cyrus Mistry on Saturday beat off stiff competition from five other writers to become the fourth winner of the $50,000 DSC prize for South Asian literature for his book "Chronicles of a Corpse Bearer".
Though Mistry does not make it to the club of the top 10 highest paid India Inc leaders, he will be among the next 10.
GST has been hanging fire with the Opposition Congress yet to come on board
Indications are that the Tata Sons stand on listing of the company may come up for a discussion even if it's not part of the agenda
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster
Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
Which were the five businesses Ratan Tata had great hopes for, but his successor failed to deliver?
Does India's most valued company give hope to its investors that they, too, might drive a Jaguar some day?
Ratan Naval Tata, a prominent industrialist, philanthropist, and former Chairman of Tata Sons, has been admitted to the intensive care unit (ICU) at Breach Candy Hospital in Mumbai, reports Mid-Day newspaper.
'The quality of a leader should be such that even if the leader is not there, the institution carries on.'
'He was the most thoughtful corporate person I encountered.'
Will it be Noel Tata, Ratan Tata's half brother?
