Cyrus P. Mistry

The Board of Directors of Tata Global Beverages on Tuesday removed Cyrus P. Mistry as the company's Chairman and appointed Non-Executive Director Harish Bhat to the post. Mistry's office termed the proceedings "illegal". Seven out of ten directors voted for...

The Tata group is no stranger to Indians. It has had a long and illustrious history in the sub-continent and has been one of the pillars of the country's industrial success post-independence. Well known for the development of towns and...

Tata Sons Interim Chairman Ratan N Tata, hinting at possible changes in the group companies, on Tuesday urged them to "act as leaders in their respective markets and enhance returns to shareholders". "The companies must focus on their market position...

In a surprise move, industrial conglomerate Tata Sons on Monday replaced Cyrus P Mistry as its Chairman and named Ratan Tata as the interim chairman of the company. The decision was taken at the company's board meeting, a statement said...

Tata Global Beverages Ltd (TGBL) is considering the restructuring options of its China operations, company Chairman Cyrus P. Mistry said. "The China venture is something that we will be looking at restructuring. In what way that restructuring will be done...

Implementation of the Goods and Services Tax (GST) regime will have an inflationary impact leading to increase in tea prices, Tata Global Beverages' Chairman Cyrus P. Mistry said. "GST will have an inflationary impact on the prices of tea, but...