Mistry did not contribute to TCS growth, says Tata Sons
The Tata Sons on Thursday in a 9-page letter stating the reasons for Cyrus Mistry's removal, said that the former chairman did not really contribute materially to IT major TCS' growth and its management. In this regard, excluding the income from TCS, dividends received from all the other 40 companies continuously declined during Mistry's tenure, the group added.