 "Tata Sons rejigs management team after Mistry ouster")
The Tata-Mistry boardroom battle has cost salt-to-software conglomerate Tata group its position among the top 100 global brands.
According to the latest Brand Finance Global 500 report, Tata group’s position has slipped to 103 from last year’s 82. It, however, continues to be one of the most valuable brands from India. In the past, The Tata group has been the only Indian brand that has found a place in the top 100 global brands of Brand Finance.
On October 24, 2016, Cyrus Mistry was ousted as the chairman of the group and a boardroom battle ensued between his and Ratan Tata’s camps.
