Board stiff: Tata’s governance is still faulty

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Tata has now got rid of Cyrus Mistry. But its governance problems continue




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Board stiff




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Tata Group








UK Only Article:  standard article




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Donald Trump seeks a grand bargain with Vladimir Putin




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Board stiff





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MUMBAI




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Chandra in, Cyrus out






Chandra in, Cyrus out

PROFIT is to good corporate governance what tides are to swimming trunks: when the former is high, absence of the latter tends to go unnoticed. The ebbing of profits at Tata, India’s largest conglomerate, in recent years has prompted a power struggle that in turn has exposed the often dysfunctional relationship between several dozen businesses, holding companies, people and charities that use the Tata name. The struggle is now over: on February ...