Tata Group loses over $8 bn since Cyrus Mistry's exit
Tata Group stocks have lost a combined $8.22 billion (₹55,000 crore) in market value in the last three days, after the group removed Cyrus Mistry as its Chairman. The Indian Hotel Company, branded as the Taj Group, saw the steepest fall of 10% on Thursday. Notably, Ratan Tata has been appointed as the group's Interim Chairman for four months.