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Boardroom drama: Dilemma, uncertainty will dog Tata Group

Tata may turn out to be dead right on various issues over which Mistry has clashed with him. But this is no way to handle succession

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Ratan Tata

Subir Roy 



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