Andy Mukherjee, Columnist

Tata Mutiny Must Yield a Bounty

Can Monday's coup fix everything from strategic wobbles to PR snafus?
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Monday evening's mutinyBloomberg Terminal at Bombay House, the headquarters of India's steel-to-software conglomerate Tata, was as swift as it was abrupt.

Not only did the board of Tata Sons, the holding company, dump Cyrus Mistry as chairman after less than four years, it also brought back Ratan Tata, 78, as the interim boss, leaving nobody in any doubt that the founding family of the 148-year-old empire was reasserting control.