Mistry’s conduct has caused enormous harm to Tata group: TCS
Ousted Tata Chairman Cyrus Mistry has made unsubstantiated allegations, which have caused enormous harm to Tata group, IT major Tata Consultancy Services stated. Consequently, the Tata board has resolved to propose removal of Mistry as TCS Director, it added. Notably, TCS became the first Tata group company to fix a date for a shareholders’ meeting to remove Mistry as director.