Says impairments and writedowns were due to legacy issues; rakes up Niira Radia's name
A statement from Mistry's office said 'Tatas continue to demonstrate the lack of respect for due process of law'
7 out of the 10 directors voted in favour of the resolution; Harish Bhat replaces him
Bhat, a Tata nominee, says company faces threat from Mistry
Mutual funds have an exposure of over Rs 20,000 cr in shares of various Tata companies
Tata Sons has 'unfortunately stooped' to a low level in their public statements with regard to independent directors, stated a letter from his office
Last week, the promoter company of the major operating Tata group firms had accused Mistry of betraying trust and trying to seek control of main operating companies of the over $100 bn group
The expert felt that it appeared that Cyrus Mistry lacked clarity of freedom to take decisions
The company's independent directors are likely to support him as chairman considering his performance over the last 4 years, says insiders
Nine-page letter sees collusion between him and independent directors; Mistry camp dismisses charges
Tata has not mentioned the hotel harassment case, although it has been widely reported in local media
Sebi has directed stock exchanges to look into the disclosures made by listed Tata group companies
Mistry had explicitly mentioned the five "legacy hotspots" of the group in his letter to the Tata Sons' board
Mistry relationship with his board and largest shareholders frayed to breaking point
Independent directors give thumbs-up to his chairmanship
Cameras belonging to lens men of Mid-Day and Hindustan Times were also damaged
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Mistry is currently chairman of all top-listed firms
Independent directors to discuss issues raised by Mistry on Friday
Mistry to chair the board meetings of IHCL and Tata Chemicals on November 4 and 10 respectively to approve quarterly results