Update Cyrus Mistry removed as Tata Sons chairman, Ratan Tata returns as interim chief

iDK · Oct 25, 2016

Aviral Sangal said:
Mistry's own group is largest shareholder in tata sons

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Tata Capital own 66% of Mistry's business.

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IndianMascot · Oct 25, 2016

iDK said:
Tata Capital own 66% of Mistry's business.

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What Mistry owns in Tata?

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Deepu · Oct 25, 2016

IndianMascot said:
What Mistry owns in Tata?

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They are second largest share holders in Tata Sons group. Tata's are having majority stake

Deepu · Oct 25, 2016

iDK said:
Ok but how to conclude Tata Sky's profit ?

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We can't as the company is not listed and they don't announce results

iDK · Oct 25, 2016

IndianMascot said:
What Mistry owns in Tata?

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Tata Capital own 66% percentage on Mistry's company and Mistry's company own some 19% in Tata Sons.

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iDK · Oct 25, 2016

Deepu said:
We can't as the company is not listed and they don't announce results

So we can't also tell that they're in loss.

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Deepu · Oct 25, 2016

iDK said:
So we can't also tell that they're in loss.

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Yes... If they would have turned to profit, they would have announced it publicly

Technoglitch · Oct 25, 2016

the global footprint as well as sale of tata steel in UK has prompted this action it seems