r n mistry

Shareholders of Tata Industries have voted out Cyrus Mistry as a director from the board of the privately held company. Tata Sons holds the majority 54% stake in Tata Industries. With Mistry ceasing to be a director, he is no longer the chairman of the company.

Tata Sons, the holding company of the salt-to-software Tata Group, has appointed Nitin Nohria, the dean of Harvard Business School, as non-executive director, expanding its board to six members.

The Supreme Court on Friday stayed the NCLAT decision to restore Cyrus Mistry as executive chairman of the Tata Group. Tata Sons Private Ltd had challenged the December 18 decision of the National Company Law Appellate Tribunal that gave a big relief to Cyrus Investment Pvt Ltd and Mistry, restoring him as the executive chairman of TSPL.

Bombay high court has upheld an order of the ethics official and ombudsman barring an under-19 former Ranji player Kiran Powar from being involved in the game whatsoever for one year and his expulsion from the Apex Council of Mumbai Cricket Association (MCA).

Mehli Mistry, a close associate of the late Ratan Tata, has stepped down from the board of the Small Animal Hospital Trust. His departure follows the non-renewal of his trusteeship at two major Tata Trusts, impacting his ability to fund the pet hospital. Another trustee has also resigned in solidarity.

Shashank Mistry took four for 40 and scored an unbeaten 35 to help Serco BPO Pvt Ltd record a first innings lead win over Western Railway Accounts in a Times Shield 'C' Division match on Monday.

In the biggest structural change since taking over as chairman of Tata Sons, Cyrus Mistry has dismantled the two decision-making bodies set up a decade ago by predecessor Ratan Tata and replaced them with a new ‘Group Executive Council’.

Cyrus Mistry had allegedly promised to relinquish Irish citizenship, but didn’t follow up on it.

The members of this coterie include CHRO head NS Rajan, strategist - Nirmalya Kumar , business development officer -Madhu Kannan, Harish Bhat, brand custodian - Mukund Rajan. Cyrus Mistry was a member of this advisory panel as well.

The court found R N Sharma guilty of embezzlement of Rs 1.22 lakh during his posting at SBI branch at Dalsingsarai.