Indian Hotels' independent directors back Cyrus Mistry as chairman

New Delhi, Nov 4:?Independent directors of Indian Hotels on Friday unanimously expressed full confidence in former chairman Cyrus Mistry. In a statement today, Indian Hotels said, "The independent directors praised steps taken by Mistry in providing strategic direction and leadership to the company." The development comes hours after Tata Sons put in place a new management team for the $100 billion steel-to-software group, days after its board ousted Chairman Cyrus Mistry and disbanded his advisory council, triggering a public spat between him and Ratan Tata.
Ratan Tata, who is the interim chairman for the next four months, has put together a team of five executives, including two former Mistry advisers, Tata Sons said in a statement on Friday. The team comprises S. Padmanabhan, who currently leads the Tata business excellence group and will also be group human resources head, Gopichand Katragadda, who will continue in his current role as group chief technology officer, and Sanjay Singh, who will oversee public affairs in Delhi.
The new team also includes Mukund Rajan and Harish Bhat, formerly part of Mistry's five-member advisory council. Rajan will continue to be responsible for ethics and sustainability, and will also oversee the group's international operations in the United States, Singapore, Dubai and China.
Bhat, who oversees marketing, will also be brand custodian and interim strategy and business development head.
The remaining three Mistry advisers - Nirmalya Kumar, NS Rajan and Madhu Kannan - have left the company, Tata Sons said.
Tata veteran Prasad Menon, who last served as chairman of Vistara, an airline venture with Singapore Airlines, has also been brought in to help Ratan Tata temporarily, a source close to the company had told.
While Mistry has been removed as chairman of Tata Sons, he is still chairman of some of the key listed group companies such as Indian Hotels Co, Tata Motors, Tata Communications and Tata Steel.
Source: Agencies


  
  

Comments


No comments yet! Be the first one to leave a comment.


Add Comment

Name:
Email:
Comment:

More India News


AAP MLAs' bail plea dismissed; party leaders slam Delhi police for rai ..


Sunanda Pushkar case: SC notice to Delhi Police on Subramanian Swamy's ..

- Jyotiraditya Scindia calls for projecting CM face ahead of MP polls, state Congr
- Hadiya: Embraced Islam, married Shafin Jahan on my own free will
- Rotomac Pen owner Vikram Kothari loan default case: CBI lodges FIR, raids underw
- Arvinder Singh Lovely rejoins Congress, says he was 'ideological misfit in BJP'
- At least 1,000 Bihar students expelled for cheating in Class 12 exams
- Cauvery verdict out: What was the dispute all about, what happens now
- JNU attendance issue is a bid to curb its political activism
- SC push for electoral reforms: Candidates now have to declare source of income a
- K P Sharma Oli gets second run in office, appointed Nepal's 41st Prime Minister
- In Arunachal, PM Modi targets Congress for corruption
- Where they are, what's in them: Why Army camps in Jammu are vulnerable
- Amid political row, Centre releases Rs 1269 cr for Andhra Pradesh projects
- Sunjwan army camp attacked: No point in chasing elusive peace with Pakistan; bet
- Srinagar hospital attack: Four arrested for helping Pakistani militant escape
- Darwin's theory of evolution to remain in school and college syllabus, says HRD
- Nagaland Assembly election: To contest or not, state BJP unit in a bind
- Fodder scam: Lalu Prasad, Jagannath Mishra found guilty in third case; both sent
- India among most trusted nations, but sees dip over last year; China tops list
- Agni-5 missile test launch poses fresh worry for China
- Pravin Togadia claims: Tipped off on police encounter, left for Jaipur to surren

Related News

"Malicious allegations", says Tata group of Mistry's remarks in email
Mumbai, Oct 27:?The Tata group on Thursday termed ousted chairman Cyrus Mistry's remarks found in a confidential email sent to the .. read more
Tata Sons, Ratan Tata and Tata Trust file four caveats against Cyrus Mistry
New Delhi, Oct 25:?Tata Sons, Ratan Tata and Sir Dorabji Tata Trust have filed four caveats against former Tata Sons chairperson C .. read more
Lalu Prasad Yadav appears before CBI in connection with hotels-for-land scam
Oct 5:Rashtriya Janata Dal (RJD) leader Lalu Prasad Yadav appeared before the CBI for questioning on Thursday in connection with t .. read more
Upscale hotels now prostitution dens in city
S M Abdul Samad HYDERABAD: Flesh trade organizers have now switched over to star hotels in and around the Hyderabad for organizing .. read more
Tata Sons announces key organisational changes with immediate effect
Mumbai, Nov 4:?Tata Sons, the holding company of the diversified Tata Group, has announced key organisational changes in the $125 .. read more

More Related News

- Saudi women can become hotel chefs
- Committee gives nod for promotion of 51 officials
- GHMC ahead of other cities in providing free access to toilets for citizens
- Hotels reduce package rates by 2-3%; many urbanites plan to ring in New Year at home/house parties
- Hotels reduce package rates by 2-3%; many urbanites plan to ring in New Year at home/house parties
- J-K plays austerity card, no official meets at private hotels
- Dipika, Joshna train for World championship
- TS Govt positions 3.33 lakh quintal seeds for Khariff season
- KTR meets business heads at WEF's India Economic Summit
- RSS functionaries in every ministry, alleges Anand Sharma

More Latest News:

- AAP MLAs' bail plea dismissed; party leaders slam Delhi police for raid at Kejriwal's house
- Sunanda Pushkar case: SC notice to Delhi Police on Subramanian Swamy's plea, Tharoor says let law take its own course
- BSF, Pakistani Rangers hold flag meeting, vow to maintain peace along international border in J-K
- Justin Trudeau in India: Amid Khalistan row, PM Modi says those challenging India's unity cannot be tolerated
- India's largest B2B hospital equipment expo begins in Hyderabad
- CM wants new Pattadar Passbooks linked with Aadhar
- Telangana to have exclusive varsity for women soon
- Telangana proposes monorail system for Warangal
- Telangana is now a vaccine hub, says KTR
- Under-age drivers face music in Hyderabad
- Heritage facade to come up in Hyderabad's Charminar area
- Top officials review Charminar Pedestrianisation project works
- Alina Zagitova gives OAR first Pyeongchang gold
- Darya Domracheva, Belarus handle heavy winds to win biathlon relay
- Formula One champion Lewis Hamilton more 'strategic' online after video row
- Canadian PM Justin Trudeau upset with invitation to Khalistani activist, India finding out how he got visa
- India more corrupt than China, better than Pakistan: Transparency
- Assault case: Delhi government staff to observe 5-minutes silence as protest every day
- Yogi Adityanath hate speech case: Allahabad High Court dismisses petition against UP CM
- Rachakonda CP Mahesh helps Civil Services aspirants online free of cost
- Is Telangana prepared for a water crisis?
- Depositors rush to Grameena Bank after news on scandal
- BioAsia to begin in Hyderabad from February 22
- TT scribe bags special jury award
- Realty firm marketing director held for forgery, cheating in Hyderabad
This page was created in 0.0421409606934 seconds