Now it's up to Ratan Tata to reassert that exceptionalism. The founding-family scion carried out the coup against Mistry, and has returned as interim chairman. Tata Power Co. declined by 2 per cent.Those four, plus Tata Teleservices Maharashtra Ltd., a struggling wireless carrier, stumbled again Thursday morning. Five years ago, a shot at running a hugely diversified conglomerate with global ambitions would have enticed many a high-caliber professional. Unless Ratan Tata can satisfactorily answer Mistry's charges, the group might have to satisfy itself with a minnow as its leader.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

Source: Economic Times October 27, 2016 07:15 UTC