November 23, 2024 04:11 (IST)
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Tata Group files caveats to prevent legal challenge from Cyrus Mistry

Mumbai, Oct 25 (IBNS): In an attempt to prevent Cyrus Mistry from challenging his removal as Chairman of Tata Sons legally, the group has filed caveats in the Mumbai High Court and at the National Company Law Tribunal, media reports said.

Back in chairman position in interest of stability: Ratan Tata to employees

Mumbai/Kolkata, Oct 24 (IBNS): After Tata Sons on Monday announced that Ratan Tata will replace Cyrus P. Mistry as Interim Chairman of the company, the former wrote a letter to the employees stating that the decision was taken in the "interest of the stability" of the group.