Tata Motors defends plans for $1,500 worth Nano car

Tata Motors safeguarded its method for producing the $1,500 Nano Although Tata Motors avoided talking about the loss-making automobile’s future, after the corporation’s ousted chairman stated there were emotional factors for not closing down production. Automaker provided the declaration to the stock market late Friday after an internal letter by ousted chairman Cyrus Mistry stated […]

Tata may find dismissing Mistry easier than his allegations

Ratan Tata might have discarded Cyrus Mistry as chairman of his 148-year-old household empire, however will discover it more difficult to expunge the ex-manager’s allegations that his acquisitive practices and absence of focus on returns have actually damaged billions of dollars in investor worth. Tata Sons turned down the allegations of Mistry as unwarranted. Mistry […]

Tata group alleges ousted chairman of malice

Tata Sons alleged its previous chairman, Cyrus Mistry, of making unverified claims and malicious accusations against the Indian corporation as the gloves came off in a bitter and extremely public row over his sacking previously this week. The acrimonious exchanges have triggered aids to Prime Minister Narendra Modi to prompt restraint in a conflict that […]