Live tv
search
Breaking
  • Use of drones will rise in sectors such as agriculture, sports, defence and disaster management: PM Modi after inaugurating Drone Festival
  • NSA Ajit Doval discusses situation in Afghanistan and region with his regional counterparts at 4th Regional Security Dialogue on Afghanistan
X
  1. You Are At:
  2. English News
  3. Business
  4. Not interested in returning as Tata Sons chairman, says Cyrus Mistry

Not interested in returning as Tata Sons chairman, says Cyrus Mistry

Cyrus Mistry on Sunday said he is not interested in getting back to the Tata Group in any capacity at all, ahead of the Supreme Court's hearing on an urgent petition seeking to set aside the NCLAT order reinstalling him as the group chairman and also in the board of group companies.

PTI Reported by: PTI
New Delhi Updated on: January 05, 2020 18:42 IST
Cyrus Mistry says 'not interested' in getting back to Tata group in any capacity
Image Source : PTI

Cyrus Mistry says 'not interested' in getting back to Tata group in any capacity

Cyrus Mistry on Sunday said he is not interested in getting back to the Tata Group in any capacity at all, ahead of the Supreme Court's hearing on an urgent petition seeking to set aside the NCLAT order reinstalling him as the group chairman and also in the board of group companies.

Mistry, the ousted Tata Sons chairman, in a public statement on late Sunday evening, said he has taken the decision in the overall interest of the Tata group, whose interests are far more important than those of any individual.

"To dispel the misinformation campaign being conducted, I intend to make it clear that despite the NCLAT order in my favor, I will not be pursuing the executive chairmanship of Tata Sons or directorship of TCS, Tata Teleservices, Tata Industries. I will, however, vigorously pursue all options to protect our rights as a minority shareholder including a seat on the board," he said. 

ALSO READ | Ratan Tata moves Supreme Court against NCLAT order reinstating Cyrus Mistry as Tata Sons chairman

Latest Business News