Common ground

Ruling and Opposition parties in Maharashtra don't appear to be shocked at the manner in which Cyrus Mistry was removed as chairman of Tata Group without being offered an opportunity to argue his case

Image
Business Standard
Last Updated : Oct 26 2016 | 11:36 PM IST
Some members of the ruling and Opposition parties in Maharashtra don’t appear to be shocked at the manner in which Cyrus Mistry was removed as chairman of Tata Group without being offered an opportunity to argue his case. In fact, they are wondering if the corporate world had started emulating the political class in pulling the carpet from under people’s feet. During private conversations they point at similarities between the exit of Mistry following a board decision and the manner in which several ministers have been shown the door. In politics, it is the party high command that has the last word in ousting chief ministers and ministers; in Mistry’s case it was the board. “Toh hum politicians ko hi itni gaali kyun milti hai (why do people abuse politicians only),” asked one.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 26 2016 | 10:34 PM IST

Next Story