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Cyrus Mistry did not keep his 2010 promises

Tatas claim he executed a clever strategy to control operating companies; Mistry camp says thought process evolved, decisions taken with trusts' knowledge

N Sundaresha Subramanian  |  New Delhi 

In his four years at the helm of Tata Sons, ousted chairman Cyrus Mistry did not execute several measures he himself had proposed in 2010. In October 2010, Mistry, who was then a Tata Sons director and one of the members of the selection panel to find a successor to Ratan Tata, had presented a detailed note on how the group should be managed. Business Standard has reviewed a copy of this 2010 note and did a status check. While one could see significant deviations, between what was proposed and what was executed, some measures he took during his tenure were opposite of what he had ...


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First Published: Mon, November 28 2016. 00:54 IST