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Cyrus Mistry says surprised by Tata's justification of his dismissal

Edit Deccan Chronicle 29 Oct 2016
The war of words between Tata Sons and its ousted Chairman Cyrus Mistry ratcheted up a notch late on Friday, with Mistry stating he was surprised with reasons given by the Indian conglomerate for his dismissal. Mistry was sacked as chairman by the board of Tata Sons on Monday and a scathing 5-page letter he wrote to the board was leaked on Wednesday, turning a boardroom feud into a public row ... Mistry....

Cyrus Mistry counters Tatas claim on Welspun buy

Edit Deccan Chronicle 29 Oct 2016
Mumbai, Stepping up his attack on the Tata Group in general and Ratan Tata in particular, ousted chairman Cyrus Mistry denied group’s claim that the board was not properly consulted on Tata Power's purchase of Welpsun Power in June ... Tata sources said the trustees of Tata Trusts were not kept informed about the transaction with Welspun Power," Mistry said in a late night statement....

Tata may find dismissing Mistry easier than his accusations

Edit Deccan Chronicle 29 Oct 2016
Ratan Tata may have dumped Cyrus Mistry as chairman of his 148-year-old family empire, but will find it harder to expunge the ex-manager's accusations that his acquisitive habits and lack of focus on returns have destroyed billions of dollars in shareholder value ... Mistry, fired as Tata Sons chairman on Monday, remains a director as well as chairing listed subsidiaries Tata Motors, Tata Steel and Tata Consultancy Services....

Tata group HR head N S Rajan, handpicked by Cyrus Mistry, quits

Edit The Times of India 29 Oct 2016
Repercussions of Cyrus Mistry's ouster have begun to be felt at Bombay House ... The development comes four days after Tata Sons chairman Cyrus Mistry was ousted by the board and the group executive council (GEC) -of which Rajan was a member-was disbanded ... Rajan, who was handpicked by Mistry , was overseeing significant policy changes at the group ... Tata Group stocks performance after Mistry joined ... Cyrus Mistry ....

Tata Group HR Head N S Rajan quits

Edit DNA India 29 Oct 2016
Rajan was hand-picked by Cyrus Mistry ... Rajan, the report said, was picked by Cyrus Mistry, and his exit marks the beginning of the consequences of the Chairman's unceremonious ouster ... Ratan Tata looking for potential buyer for Cyrus Mistry's stake ... Subramanian Swamy asks PM Modi for SIT probe into Cyrus Mistry's allegations against Tatas....

Tata rejects dumped chairman’s warnings as malicious

Edit Arabnews 29 Oct 2016
India’s largest conglomerate Tata rejected ousted chairman Cyrus Mistry’s warnings of possible massive write-downs as “malicious” and “unsubstantiated” on Thursday, as acrimony over his sudden sacking erupted into the open. In an e-mail to the board leaked late Wednesday, Mistry said Tata may face $18 billion in asset write-downs because of unprofitable companies he inherited and accused directors of wrongfully dismissing him....

DNA Morning Must Reads: Terrorists mutilate body of soldier in Kupwara; Pak violates ceasefire again; ...

Edit DNA India 29 Oct 2016
--> DNA Web Team ... 1. J&K ... Cyrus Mistry denies Tata Group's claim on Welspun Buy. Sacked chairman Cyrus Mistry denied the group's claim that the board was not properly consulted on Tata Power's buy of Welspun Power ... ....

Brokerages retain Tata Steel ratings post analyst meet

Edit The Times of India 29 Oct 2016
MUMBAI. Analysts have retained their positive ratings on Tata Steel after the company assured at a meeting on Thursday that Cyrus Mistry's exit from the chairmanship of holding company Tata Sons will not have any impact on strategic plans for European steel business ... Bloomberg data showed that the rating tally of 34 `buy', 10 `hold' and nine `sell' recommendations remained unchanged after the analyst meet ... Download it Now! ... ....

Bharuch double murder case - NIA flayed for revealing identity of key witness

Edit The Times of India 29 Oct 2016
AHMEDABAD. The National Investigation Agency (NIA), which has been probing the Bharuch double murder case, was rapped by the special court for disclosing the identity of its own secret and protected witness and then maintaining that "there is hardly any secrecy attached to such witnesses" ... Two BJP-VHP leaders Shirish Bangali and Pragnesh Mistry were shot dead on November 2, 2015 in Bharuch ... Click here to download it for your device....

Change doesn't seem to come easily to 92-year-old Bombay House

Edit The Times of India 29 Oct 2016
MUMBAI. Nearly everyone who comes to Bombay House for the first time notices the dogs ... The dogs are allowed this privileged position thanks to Ratan Tata, who’s a big dog lover ... The response was that their position was probably safe — the Mistrys were a dog-loving family, and this four-pawed part of Bombay House would remain the same, whatever other changes might take place ... Wittet developed a particular connection with the Tatas....

Ranbir Kapoor joins Anushka Sharma's 'Pawsitive' initiative

Edit The Times of India 29 Oct 2016
Looks like Anushka Sharma and Ranbir Kapoor are still rummaging their friendly chemistry from 'Ae Dil Hai Mushkil.'. The 28-year-old actress recently took to her Twitter handle to post a video of Ranbir, who is not on social media, giving a special message while strolling the grass with a couple of bullmastiffs. Ranbir Kapoor to advocate no-smoking ... Sharing screen space with him are his adorable babies." ... 01.33 ... 139 ... (Source ... Mistry letter....

Cyrus Mistry says surprised by justification given for his dismissal

Edit Yahoo Daily News 28 Oct 2016
MUMBAI (Reuters) - The war of words between Tata Sons and its ousted Chairman Cyrus Mistry continued late on Friday, with Mistry saying he was surprised with the justification put forward by the Indian salt-to-software conglomerate for his dismissal....

Mistry camp keeps Tatas guessing on next move

Edit The Times of India 28 Oct 2016
Cyrus Mistry and his lawyers were huddled in a meeting on Friday to decide his next course of action after he was unceremoniously removed as chairman of Tata Sons on October 24. Mistry and his leagl team may not move the ... Some say Mistry's petition could be to exact revenge from the Tatas for the humiliation meted out to him....
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