I hope this move will improve the dwindling reputation of TATA(S) 
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India's Tata Steel (TISC.NS) removed Cyrus Mistry, the former head of Tata Sons, as chairman at a board meeting in Mumbai on Friday, the company said in a statement.
The move follows Mistry's ouster in October from the board of Tata Sons, the holding company of Tata Group firms, after the company criticized his performance. Since then both Mistry and Tata Sons have been involved in a war of words blaming each party for problems in the $100-billion salt-to-software Tata conglomerate.
The board of Tata Steel also said on Friday that it would hold an extraordinary general meeting (EGM) on Dec. 21 to remove Mistry and independent director Nusli Wadia as directors on the board of the company.
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India's Tata Steel removes Cyrus Mistry as chairman
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India's Tata Steel (TISC.NS) removed Cyrus Mistry, the former head of Tata Sons, as chairman at a board meeting in Mumbai on Friday, the company said in a statement.
The move follows Mistry's ouster in October from the board of Tata Sons, the holding company of Tata Group firms, after the company criticized his performance. Since then both Mistry and Tata Sons have been involved in a war of words blaming each party for problems in the $100-billion salt-to-software Tata conglomerate.
The board of Tata Steel also said on Friday that it would hold an extraordinary general meeting (EGM) on Dec. 21 to remove Mistry and independent director Nusli Wadia as directors on the board of the company.
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India's Tata Steel removes Cyrus Mistry as chairman
