Over a week into the dismissal of Cyrus Mistry as chairman of Tata Sons, the group’s holding company, it is difficult to have a firm idea of the fallout. All that is clear is the downside for all concerned. Short-term market fluctuations in the value of large, listed group companies can and have been taken in the stride. What is much more important is longer-term impairment in value.
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First Published: Wed, November 02 2016. 10:05 IST
