Became Interim Chairman in Tata Group's interest: Ratan Tata
After Cyrus Mistry was removed as Tata Group's Chairman, Ratan Tata has written to the employees, stating that he took up the role of Interim Chairman in the interest of the group's stability. Further, a new management structure is being put in place and a selection committee has been constituted to identify the next Chairman within four months, he wrote.