The interests of Tata Sons together with minority shareholders of Tata-promoted companies are fairly aligned, says Harish Bhat, Brand Custodian of Tata Sons in an interview.
Speaking of the underlying argue for the ouster of Cyrus Mistry, Bhat says when a Director is inwards pose of opened upwardly hostility, it creates dis-functionality together with disruptions on the board. Loss of confidence, he adds, covers several factors beyond mere performance.
Bhat likewise clarifies that the Tata Group is non alone nigh Tata Sons, which is the pioneer that grooms together with supports other grouping companies, merely also about Tata Trusts amongst philanthropic objectives together with operating companies that are private entities amongst their ain competent boards. There is no interference of Tata Trusts inwards decisions made past times the operating companies, he says.
While he refrains from making whatever specific comments on issues surrounding DoComo together with Nano which are inwards intelligence next allegations made past times Mistry, he does verbalise nigh strategies for the increment of grouping companies.
Tata Group volition travel aggressive inwards investing inwards companies that require uppercase for profitable growth, he says.
He likewise goes on to verbalise nigh Tata Global Beverages, where he serves every bit Chairman of the board detailing strategies for increasing visibility of products similar Tetley, Tata Tea together with bottled H2O construct Himalayan.
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