Cyrus Mistry: A reclusive scion who fought for honour after being fired
NEW DELHI: Till his appointment as the chairman to lead Tata Sons, not many knew of Cyrus Mistry, who was then associated only with his family business. A south Mumbai boy, the Mistry family scion was already heading companies in the Shapoorji Pallonji Group – the family business – when he was appointed to succeed […]
Tata Trusts must introspect on more scrutiny by government bodies: Cyrus Mistry
NEW DELHI: SP Group chief Cyrus Mistry on Thursday said that instead of seeking to blame him at every turn, the Trustees of the Tata Trusts must introspect why they have deviated, leading to a greater scrutiny on their operations by the various government bodies. “We note that the Income Tax Appellate Tribunal has issued […]
Tatas say Mistry left Board meeting, wrote nasty email Supreme Court reserves verdict
NEW DELHI: The long-drawn legal battle between Ratan Tata and Cyrus Mistry has reached finality, after the Supreme Court on Thursday reserved its verdict on the cross-appeals by Tata Sons and Cyrus Investments, challenging the NCLAT order, which restored Mistry as the Executive Chairman of the Tata conglomerate. Senior advocate Harish Salve, representing Tata Sons, […]
Tata vs Mistry: Chief Justice of India says son appeared for Shapoorji Pallonji Group, lawyers say continue hearing
NEW DELHI: Chief Justice of India S.A. Bobde on Monday informed the lawyers appearing in the dispute between Tata Consultancy Services Ltd and Cyrus Investments Services Ltd that his son has appeared for a subsidiary of Shapoorji Pallonji Group in a case in Mumbai. At the beginning of the matter, the Chief Justice said that […]
Supreme Court stays NCLAT order restoring Cyrus Mistry as Tata Sons’ chairman
NEW DELHI: The Supreme Court on Friday stayed in toto the NCLAT order restoring Cyrus Mistry as executive chairman of the Tata Group, observing that there were “lacunae” in the orders passed by the Tribunal. A bench of Chief Justice S A Bobde and Justices B R Gavai and Surya Kant said the National Company […]
Cyrus Mistry says no to chairmanship of Tata Sons
NEW DELHI: Cyrus Mistry on Sunday said he is not interested in getting back to the Tata Group in any capacity at all, ahead of the Supreme Court’s hearing on an urgent petition seeking to set aside the NCLAT order reinstalling him as the group chairman and also in the board of group companies. Mistry, […]
$110 billion question: Who runs Tata Sons if Supreme Court backs tribunal on Cyrus Mistry?
By Andy Mukherjee NEW DELHI: How do you unscramble an egg called Tata Sons? The second law of thermodynamics says orderly things gradually turn more chaotic, and there’s no going back, no separating yokes from whites. But the appeals judge of India’s corporate law arbiter thinks he can reverse time. Or so it would appear […]
Mistry announces startup fund on 2nd anniversary of his ouster
NEW DELHI: The billionaire brothers Cyrus and Shapoor Mistry have announced formation of Mistry Ventures LLP to incubate and fund the startup ecosystem. The announcement on Wednesday comes on the second anniversary of Cyrus’ unceremonious salving by the Tatas as the group chairman. The new firm is jointly promoted by Cyrus and his elder brother […]