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Latest Articles in boardroom coup

4 Tata Firms To Vote On Cyrus Mistry's Removal As Director This Week

In what could prove to be a crucial week in the ongoing boardroom war between Tata Sons and its ousted Chairman Cyrus Mistry, four listed firms of the group will vote on resolutions to remove him as director from their boards

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Ratan Tata Plays Down Talk Of Imminent Exit From Tata Trusts

Ratan Tata has no plans to step down imminently as chairman of Tata Trusts, the largest shareholder in the $100 billion Tata conglomerate's holding company, playing down reports of a 2017 departure

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Ratan Tata To Step Down As Chairman Of Tata Trusts

Ratan Tata is likely to step down soon as chairman of the Tata Trusts, which control a 66 per cent stake in the $100 billion Tata conglomerate's holding company

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Tata Motors Director Alleges Governance Lapses By Tata Sons

An independent director of Tata Motors has alleged governance lapses by the automaker's parent, Tata Sons, and said it wrongly influenced directors, stirring up a public power struggle at India's biggest conglomerate

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Cyrus Mistry Vows To Continue Fight Against Tatas

A day after being voted out as TCS' director, Cyrus P Mistry on Wednesday took the moral high ground, saying over 70 per cent of non-promoter shareholders either voted against the resolution to remove him or abstained

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Not Hankering For Office, Fight Is To Save Soul Of Tata Group, Says Cyrus Mistry

Facing the axe from the board of Tata Group's crown jewel TCS, ousted chairman Cyrus Mistry on Tuesday said he is not hankering for office and his fight is to save the soul of India's largest conglomerate

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Cyrus Mistry Removed As Tata Industries Director, No More Chairman

Cyrus Mistry was on Monday removed as director of Tata Industries following shareholders' vote, the first such instance of the embattled executive being ousted from the board since his removal as Tata Group chairman

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Cyrus Mistry Misled To Become Chairman, Retracted On Promises: Tata Sons

Escalating the boardroom battle at India's largest conglomerate, Tata Sons on Sunday charged Cyrus P Mistry of misleading to get selected as Chairman, retracting on his promises, concentrating powers and using free-hand given to him to weaken management structures

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Time To Draw Up A Better Corporate Governance Code For India : Learnings From Tata

Cyrus Mistry can claim to be a lame duck chairman or he can be appropriately credited with the increase in the net worth of the group. Not both

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Conferment Of Power In 'High Command' Breach Of Trust: Cyrus Mistry

Hitting out at Ratan Tata, ousted chairman of Tata Sons Cyrus Mistry on Thursday said conferment of all decision-making power in one man or a "high command" is unethical, improper and breach of trust

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Ratan Tata Doesn't Speak The Truth, Alleges Cyrus Mistry

Terming Ratan Tata's letter to shareholders of Tata companies a combination 'misrepresentation and convenient mischaracterisation', ousted Tata Sons Chairman Cyrus Mistry hit back saying the veteran industrialist is lying

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Nusli Wadia To Go Ahead With Defamation Cases Against Tatas

The spat between Tata Group and Mistry camp appeared to be escalating with industrialist Nusli Wadia on Wednesday, saying that he has been left with no option other than defamation proceedings against the conglomerate

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Tata Sons' Shareholders Discord May Hit Group Companies: S&P

S&P Global Ratings on Monday said the continuing discord between the shareholders of Tata Group holding firm Tata Sons Ltd, has created uncertainty at the board level for group companies and could lead to slow decision-making in these entities

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Harish Manwani In Reckoning To Take Over As Tata Chairman

Harish Manwani, chairman of Hindustan Unilever Ltd, is in the reckoning to take on the chairmanship of Tata group where a battle rages between ousted chairman Cyrus Mistry and Tata Sons, the holding company of the Mumbai-based over $100-billion conglomerate

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Deposed Chairman Cyrus Mistry Refutes Tata Claim On Rising Expenses

Mistry said one reason for a rise in expenses under his tenure was because Tata Sons was bearing some costs on behalf of Tata's chairman emeritus Ratan Tata

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