Get In Touch

Tata’s 2016 shake-up : power, trust, betrayal!

    Share on

In 2016, the corporate world looked on in disbelief as Cyrus Mistry, heir-chosen to lead the Tata empire, was removed in a sudden board resolution hidden under “any other business.” The dramatic move exposed a bitter tussle between the Tata Trusts (led by Ratan Tata) and Mistry’s inner circle. 

Mistry, who had assumed formal leadership in December 2012, had restructured decision-making, rolled out a youthful Group Executive Council (GEC), and pushed for more aggressive restructuring across legacy units. But those very changes upset the old guard, corporate veterans, and the Trusts who regarded many of his moves as opaque and unilateral. 

Critics point to four flashpoint decisions that worsened rifts: the sale of Tata Steel UK, aggressive bets in renewables, disagreements with telecom partner DoCoMo, and pressure to divest global assets. Mistry publicly lamented being sidelined, accusing the board of denying him the chance to defend himself and acting unsympathetically. 

While legally valid, the ouster was seen by many as lacking “the Tata way.” The affair remains a cautionary tale even in corporate India’s top echelons, power, identity, and legacy continue to clash. 

Share:

Post a comment

Your email address will not be published. Required fields are marked *

India’s Make in India : A Decade+ of Growth!

India’s Make in India : A Decade+ of Growth!

A transformative journey spans 11 years of the Make in India campaign from toy production...
Samruddhi expressway becomes India’s first solar-generating highway!

Samruddhi expressway becomes India’s first solar-generating highway!

Maharashtra’s Samruddhi Expressway has launched solar power generation initially 5 MW with plans to scale...
Oracle cuts 10% of India staff. trump meet, OpenAI deal spark buzz!

Oracle cuts 10% of India staff. trump meet, OpenAI deal...

Oracle has laid off roughly 10% of its India workforce amid a major restructuring aligned...
Tier-II Cities Usher India’s Wealth Revolution Now!

Tier-II Cities Usher India’s Wealth Revolution Now!

India’s growth isn’t just in metros rising high-net-worth individuals in Tier-II cities and improving financial...
What is Delta 4 Theory and Why Startups must know it?

What is Delta 4 Theory and Why Startups must know...

Kunal Shah’s Delta 4 theory explains why some startups succeed while most fail. Learn how...
Zoho’s Rajendran Dandapani shares AI developer wisdom!

Zoho’s Rajendran Dandapani shares AI developer wisdom!

At DevSparks Chennai, Zoho’s tech lead urges AI developers to slow down, dream big, code...

Login

Don’t you have an account ?

Register