Analytiker: Bisarrt och godtyckligt gjort av Tata
Gaurang Shah, en av storbanken BNP Paribas Mumbai-chefer, är kritisk till hur Tata Group har hanterat avskedet av sin ordförande Cyrus Mistry.
– Det är bara för bisarrt att ordföranden för landets största industrikoncern har sparkats ut på ett så godtyckligt sätt, säger han till Bloomberg.
– Tata Group måste förklara varför ett så plötsligt beslut har fattats. Det kommer att ske någon slags magkänslereaktion på det här på börsen.
bakgrund
Tata Group
Wikipedia (en)
Tata Group is an Indian multinational conglomerate holding company headquartered in Mumbai, Maharashtra, India. It was founded in 1868 by Jamshedji Tata and gained international recognition after purchasing several global companies. It is India's largest conglomerate. In 2015-16, the revenue of Tata companies, taken together, is $103.51 billion. These companies collectively employ over 660,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors and shareholders. There are 30 publicly-listed Tata enterprises with a combined market capitalisation of about $116 billion as of March 2016). Tata companies with significant scale include Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Taj Group.
bakgrund
Cyrus Mistry
Wikipedia (en)
Cyrus Pallonji Mistry (born 4 July 1968) is a Irish-Indian businessman who was chairman of Tata Group, an Indian business conglomerate, between 2012 and 2016. He was the sixth chairman of the group and the second not to be named Tata, after Nowroji Saklatwala. The Economist has described him as "the most important industrialist" in India, Britain & Ireland. He served as the Chairman of Tata Sons till 24 October 2016.
He is the youngest son of Indian billionaire construction magnate Pallonji Mistry.
On 24 October, 2016, the Tata Sons Board voted to remove Mistry as chairman. Former chairman Ratan Tata becomes interim chairman, and a new chairman is to be chosen by February 2017.
Omni är politiskt obundna och oberoende. Vi strävar efter att ge fler perspektiv på nyheterna. Har du frågor eller synpunkter kring vår rapportering? Kontakta redaktionen