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TATA TURMOIL

Tata shake-up at the top could slow group's bid to slash US$30b in debt

Wednesday, October 26, 2016 - 05:50

Cyrus22.jpg
Tata Sons' shock move to oust Cyrus Mistry (pictured) and his core team of advisers and bring back Ratan Tata as chairman of the salt-to-software conglomerate could lead to delays in the group's bid to reduce its debt load across its businesses, analysts say.

Mumbai

TATA SONS' shock move to oust Cyrus Mistry and his core team of advisers and bring back Ratan Tata as chairman of the salt-to-software conglomerate could lead to delays in the group's bid to reduce its debt load across its businesses, analysts say.

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