Cyrus Mistry's conduct caused enormous harm to company, stakeholders: TCS - News Summed Up

Cyrus Mistry's conduct caused enormous harm to company, stakeholders: TCS


Highlights 1 TCS charged Cyrus Mistry with causing enormous harm to the company. 2 TCS wrote to its stakeholders questioning conduct of Cyrus Mistry. 3 Cyrus Mistry was replaced with Ishaat Hussain as chairman of TCS recently. Upping the ante, Tata Consultancy Services (TCS) today charged its estranged chairman Cyrus Mistry with causing "enormous harm" to the company by his conduct and sought his removal from the company board. TCS QUESTIONS MISTRY'S CONDUCTStating that the communication marked as confidential "was made public", TCS said, "Mistry's conduct has caused enormous harm to the Tata Group, TCS and its stakeholders, including employees and shareholders."


Source: India Today November 21, 2016 13:07 UTC



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