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Now Reading: India’s Tata Group companies shares dropped after Mistry ouster
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India’s Tata Group companies shares dropped after Mistry ouster
India’s Tata Group companies shares dropped after Mistry ouster
Shares in India’s Tata Group companies decreased on Tuesday morning after the group stated Ratan Tata will take over as interim chairman of Tata Sons following the board ousted Cyrus Mistry late on Monday.
At 0400 GMT, shares in Tata Consultancy Services were dropped 0.7 pct, Tata Motors dipped 0.5 pct, Tata Steel moved 2.5 pct, Tata Power fell 1.8 percent, while Indian Hotels Co Ltd decreased 2 percent.
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