Tata Group's corporate governance not up to mark: Nirmalya Kumar

Corporate governance lapses in Tata Sons and Tata Trusts are not being rectified: Nirmalya Kumar

The corporate governance structure at the house of Tatas is still not up to the mark despite assurances from the top management to investors that it would be improved soon after former chairman Cyrus Mistry was removed on October 24 last year, said Nirmalya Kumar, a close aide of Mistry.

Kumar, who is currently Lee Kong Chian Professor of Marketing at Singapore Management University and Distinguished Fellow at Insead Emerging Markets, said the corporate governance lapses in Tata Sons and Tata Trusts, as pointed out by Mistry, are not being rectified and Mistry would continue to fight for