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ALSO READ: Here's Ratan Tata's letter to employees on Cyrus Mistry's ouster The meeting was attended by all 11 board members, including Nitin Nohria, the dean of Harvard Business School, and top-ranked investment strategist Farida Khambata, both of whom are based in the US and who usually attend meetings through video-conferencing.
This was no ordinary meeting, where even Ratan Tata was ...
Ratan Tata said that his no-frills Tata Nano, which at 100,000 rupees (£1,370) he hopes will bring car ownership within the reach of millions of India's poor but aspirational families, will also go on sale in the UK in 2011, where it will be marketed as the vehicle for credit-crunch Britain.
He said he had been inspired by his fear for the safety of families who ride four and five to a bike on India's dangerous roads, often with sari-clad women sitting side-saddle while bouncing babies on their knees.
This deal further solidifies our leadership in the 4K marketplace,” said Michel Rahier, President Connected Home.
The author may or may not hold positions in the securities mentioned in this article or video.*Note : Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.Offer valid for Indian residents only Requires you to share personal information like PAN, Date of Birth, and Income.*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)* 1US$ = 67.50 INR.*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital It took less than half an hour at a full-strength board meeting on Monday afternoon in Mumbai to replace Cyrus Mistry as the chairman of the Tata Group, it is learnt.The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.*** All dividend payout and date information on this website is for information purposes only.
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