Cyrus Mistry Now Trains His Guns On Tata Sons Director, Vijay Singh
Ousted Tata Sons chairman, Cyrus Mistry, has put out yet another statement, this time targeting Tata Sons director, Vijay Singh. Mistry claims, Singh who had endorsed a very glowing review of his leadership at Tata Sons, as recently as June 2016, is now “concocting theories'' to defend his role in “Ratan Tata's conspiracy to remove Cyrus Mistry”.
Mistry goes on to cite a number of media articles on Vijay Singh, raising questions over his sense of propriety. Singh is a former bureaucrat who retired as the Defence Secretary in 2007. He is also one of the Tata Trusts' nominated members on the Tata Sons board.
Singh, in an interview to a newspaper, had refuted Cyrus Mistry's claims of ''undue interest'' being taken by Tata Trusts in Tata Sons' functioning.
He is also considered to be close to Ratan Tata, and had chaired the fateful meeting on October 24, when Cyrus Mistry was removed as the chairman of Tata Sons.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.