Indian business giant Tata Sons removes chairman Mistry
Tata Group Chairman Cyrus P. Mistry attends the annual general meeting of Tata Consultancy Services shareholders in Mumbai. (AP)
New Delhi - Arab Today
The board of directors of Tata Sons has removed Cyrus P. Mistry as chairman of the giant Indian conglomerate.
The board has named former group chief Ratan Tata as interim chairman and set up a panel to choose a new chairman.
Tata Sons owns the Jaguar and Land Rover brands, as well as Tetley Tea. It is one of India’s oldest industrial houses and comprises over 100 companies, including Tata Steel, Tata Motors, Tata Power and the IT giant, Tata Consultancy Services.
The company did not give any reasons for Mistry’s surprise removal.
Growth in Tata Sons, India’s largest business group, has slowed in recent years, with turnover falling to $103 billion last fiscal year from $108 billion the previous year.
Source: Arab News
GMT 21:16 2017 Friday ,13 January
Tata Sons appoints new chairmanGMT 19:38 2016 Thursday ,15 December
Mistry vows to keep up his fight with Ratan TataGMT 15:56 2016 Monday ,12 December
Tata Sons renews appeal
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 08:25 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to Jerusalem
GMT 04:01 2017 Wednesday ,04 January
Split in SP formalised; Akhilesh faction lays claim on symbol
GMT 23:37 2017 Wednesday ,18 October
Bahrain participates in IPU Assembly
GMT 12:15 2017 Friday ,24 March
Coral reefs in hot water: study
GMT 00:31 2018 Wednesday ,24 January
Sultan Al Qasimi issues resolution to establish "World Heritage Committee
GMT 22:43 2017 Tuesday ,22 August
Management content course concludes
GMT 11:35 2017 Tuesday ,19 December
New generation Mazda A6 launched in glittering ceremony
GMT 02:25 2017 Thursday ,22 June
German interior minister says terrorism threat in Germany remains high
GMT 21:41 2017 Wednesday ,05 April
Israel detains 17 Palestinians from West Bank
GMT 11:24 2017 Saturday ,03 June
Egyptian-Sudanese Political Consultative Committee holds a meeting in Cairo
GMT 00:50 2017 Thursday ,09 November
To meet climate targets, rival China
GMT 12:19 2018 Friday ,14 September
Kremlin stands for maintaining Orthodox world’s unity
GMT 08:09 2017 Friday ,22 December
Madrid demands the best even
GMT 19:48 2017 Wednesday ,19 April
Nasr: Improving living standards of Arab citizens requires continuous sustainable development efforts
GMT 05:21 2017 Tuesday ,27 June
Oil steadies above November lows
GMT 13:05 2017 Thursday ,19 January
Tokyo shares end higher by break on soft yen
GMT 02:52 2017 Tuesday ,25 July
State must not lose fight against terrorism
GMT 15:18 2017 Sunday ,10 December
Achieving tolerance requires participation, contribution of everyone
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor