Thursday, November 10, 2016

Tatas: an update

Ratan Tata has accused Cyrus Mistry of deviousness. Is Mistry devious because he has refused to be bullied?

Link for the 9-page letter of Tata Sons decrying Cyrus Mistry is http://www.business-standard.com/article/companies/didn-t-expect-such-deviousness-from-mistry-full-text-of-tatas-letter-116111000544_1.html

It is surprising that Ratan Tata has found fault with SEBI, Stock Exchanges and shareholders for seeking clarifications on Cyrus Mistry's 'disclosure' from the companies instead of from Mistry. This misplaced blame is another proof of Ratan Tata's hollowness. What a fall!

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