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Cyrus Mistry's exit from Tata Sons: News explained in 10 points

Business Standard explains the story so far through 10 news reports

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Cyrus Mistry Exit

BS Web Team  |  New Delhi 



In this file photo of Cyrus Mistry whom Tata Sons on Monday removed as its Chairman, nearly 4 years after he took over the reins of the group.

The board of Tata Sons on Monday replaced chairman Cyrus Mistry and brought back Ratan Tata as interim chairman for four months. In a letter to employees of the group, Ratan Tata said the board had requested him to perform the role of chairman and he had agreed to do so “in the interest of stability of and reassurance to the Tata group”.

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First Published: Wed, October 26 2016. 06:40 IST