A day after being voted out as TCS' director, Cyrus P Mistry on Wednesday took the moral high ground, saying over 70 per cent of non-promoter shareholders either voted against the resolution to remove him or abstained. He said the voting by minority shareholders of Tata Consultancy Services (TCS) has sent a strong signal that …
Continue reading "Mistry vows to continue fight against Tatas"
December 14, 2016Cyrus P Mistry was on Tuesday removed as director of Tata Group’s crown jewel, Tata Consultancy Services (TCS) with 93.11 per cent of shareholders present at the extraordinary general meeting (EGM) voting for his ouster. Of the 197.04 crore shares in TCS, 170.85 crore shares were polled at the EGM called to consider a special …
Continue reading "Cyrus Mistry removed as TCS director"
December 13, 2016Cyrus P Mistry was on Tuesday removed as director of Tata Group’s crown jewel, Tata Consultancy Services (TCS) with 93.11 per cent of shareholders present at the extraordinary general meeting (EGM) voting for his ouster. Of the 197.04 crore shares in TCS, 170.85 crore shares were polled at the EGM called to consider a special …
Continue reading "Cyrus Mistry removed as TCS director"
December 13, 2016