- Saturday, April 20, 2024
By: Eastern Eye Staff
Indian conglomerate Tata removed Cyrus Mistry as chairman of IT giant Tata Consultancy Services (TCS) on Thursday (November 10), weeks after dumping him as group chief in a move that stunned the country’s business world. Mistry was unceremoniously sacked last month as chairman of Tata Sons, the holding company of India’s most famous family conglomerate – the $103 billion steel-to-salt Tata Group. He continues to hold several chairmanships on boards of Tata companies however, including car behemoth Tata Motors, which owns Britain’s Jaguar Land Rover, Tata Steel, Tata Power and its luxury hotel unit. TCS said in a statement to…
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