Cyrus Mistry removed as director of Tata industries

After being sacked as chairman of Tata Sons, Cyrus Mistry has now lost his position as director of Tata industries. He was removed following a vote during the Extraordinary General Meeting (EGM) on Monday. Tata Sons, the holding company of all Tata businesses, had appealed to the shareholders to remove Mistry from the board. They claimed he was "likely to lead to fragmentation of the Tata Group." After being fired in October, Mistry remains on the board of six Tata Group companies. It is reported that all the companies will hold similar meetings over the next few weeks to remove Mistry.

More from Business

Recently Played

Latest Blogs

  • PINOY BULLETIN: JUNE 02 - 06, 2025

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.

  • PINOY BULLETIN: MAY 26 - 30, 2025

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.