Tata’s Shock Coup Follows Simmering Rift at India’s Biggest Firm

Updated on
  • Group faces $18 billion in writedowns, Mistry tells directors
  • Ratan Tata met group company chiefs to reassure employees

Tata Heads Kept in the Dark Over Mistry's Departure

The agenda for Monday’s extraordinary board meeting at India’s largest conglomerate contained little hint of what was to come.

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