Oct 27 2016 10:23 AM
Cyrus Mistry has now accused the biggest group of India- Tata Sons of wrongfully dismissing him and warned them that might face a $18 billion in writedowns because of five unprofitable businesses he inherited.
Mistry was removed from the post of Group’s Chairman abruptly on Monday for non- performance. The ex-chairperson was not even given a chance to defend himself before the dismissal
Later in his protection, Mistry said that he gained the company more than it’s worth including the Tata motors operation, steel business, and telecommunication sector.
The company’s shares have fell down, including the 5.9 per cent of the Tata Steels and 5.5 per cent of the Tata motors.
Ratan Tata to evaluate the decisions by Mistry !
It’s time to give beautiful souvenirs to your wardrobe because it’s DIWALI here !
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