Ousted Tata chairman to take fight to India's courts
Mistry also quits as a director in six group companies on the eve of EGMs to remove him
Mumbai
CYRUS Mistry, the ousted chairman of Tata Sons Ltd, said he will take his fight against his unceremonious removal as head of India's biggest conglomerate to the nation's courts.
Mr Mistry, who also resigned as a director in six group companies on Monday on the eve of shareholder meetings to remove him, said that he's fighting for better transparency at the US$100 billion group.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Biden now calls ally Japan ‘xenophobic’ along with China, Russia
Japanese companies struggle with yen’s continued weakness
Australia’s March goods trade surplus narrows to more than 3-year low
Hong Kong holds rate as Fed signals inflation concerns
Australian business strength is shocking even its biggest lender
South Korea’s factory activity shrinks in April, but optimism about outlook ticks up