India’s biggest conglomerate, Tata, have as their majority shareholder, Tata Sons, with a 20% stake. Cyrus Mistry, representing this controlling stake should have been considered reigning supreme by industry insiders. But following his exit, or rather, lay-off from the group on October 24th, many questions have been raised about the state of affairs of corporate governance at India’s corporate behemoth.
The article from the leading magazine, The Economist, throws light on the internal workings of the Tata group, what might have gone wrong and briefly highlights the Cash-cows and Question- mark SBUs in the Conglomerate, a vital lesson for students in Strategic Management and Business Policy.
Read the full article here- http://www.economist.com/news/business/21710304-indias-biggest-firm-adds-internal-strife-its-long-list-problems-clash-tatas