Who will be Tata Group new Chairman Cyrus Mistry or any other.
|Who will be Tata Group new Chairman Cyrus Mistry or any other.|
Tata group is one of India oldest and largest business organization having more than 90+ different business activities. Tata group into Software,Automobile,Mining,Engineering,Telecommunications Chemicals,Research,Education and other.Recently Tata Group chairman Cyrus Mistry is removed from his post.For this Tata group worth is decreased by 50 000 crores with in five days.In coming Tata group not able to make quick and wise decision about chairman Tata group will loose another 50000 to 60000 Crores worth .
What happen Tata group Worth decrease by 1Lakh crores ,most of Tata business will not make profits.If any additional cause add Tata group have to reduce man power to to control expenses to reduce losses. Tata is paying big part as salaries to its employee. Tata Group is playing big role in Indian GDP contribution.
Main reason to sack Mistry according sources Cyrus Mistry is taken initiative to combine loss making group companies together to reduce losses. Mystry not taken any decision about this issue just process started.
Tata Group board of director looking for next Chairman person .here two persons are considered for this are Tata Consultancy CEO Chandrashekaran and Jaquar and Land Rover Business Head Ralf Speth