Tata Group could see $18 billion in writedowns: Cyrus Mistry
Group companies in the salt-to-software Tata Sons conglomerate faces potential writedowns to the tune of close to $18 billion due to investments in unprofitable businesses, according to an internal letter that ousted Chairman Cyrus Mistry sent to the company`s board.
Oct 26, 2016, 17:04 PM ISTShapoorji Pallonji may challenge the decision of Cyrus Mistry dismissal in HC
Shapoorji Pallonji may challenge the decision of Cyrus Mistry dismissal in HC. Watch this special segment and get to know more here.
Oct 25, 2016, 12:57 PM ISTRatan Tata returns as the interim Chairman of Tata Sons
Ratan Tata returns as the interim Chairman of Tata Sons. Watch this special segment and get to know more here.
Oct 25, 2016, 12:55 PM ISTCyrus Mistry ouster: Tata group stocks fall up to 4%, pull Nifty down under 8,700-mark
Market sentiment was downbeat after Mistry was removed as chairman of India's largest conglomerate Tata Group and replaced by his predecessor Ratan Tata in the interim, a development that can trigger a confrontation between the single-largest shareholder and the company's founding family.
Oct 25, 2016, 11:24 AM IST