Mistry caused loss of tens of thousands of crores: Tata Sons
Reacting to Cyrus Mistry's charges, Tata Sons on Monday said the company and its shareholders suffered a loss of 'tens of thousands of crores' because of Mistry. Mistry had concentrated all power in his hands and his statements had caused enormous damage to the group, Tata Sons added. Mistry had said Ratan Tata was insecure about his legacy.