Tata Motors’ 2 major unions come out in support of patriarch Ratan Tata - News Summed Up

Tata Motors’ 2 major unions come out in support of patriarch Ratan Tata


Ahead of Tata Motors’ crucial board meeting on Monday, two unions of the company representing around 16,000 employees have written to the management expressing their support to Ratan Tata in the ongoing spat with ousted Tata Sons Chairman Cyrus Mistry. In a letter to Tata Motors CEO and Managing Director Guenter Butschek, Tata Motors Employees Union, Pune expressed “deep concern” over the rift between Tata Sons and the leadership of Tata group companies. Besides, Tata Sons also has served notices to IHCL, Tata Steel and Tata Chemicals to convene shareholders meetings to oust Mistry and Wadia from their boards. The boardroom battle in the Tata group has escalated ever since Mistry was ousted on October 24. The Ratan Tata camp has been trying to evict Cyrus Mistry from the chairmanship of group companies and has already fired him as chairman of TCS.


Source: Hindustan Times November 13, 2016 08:02 UTC



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