Tag Archives: exit

Cyrus Mistry Bows Out of Tata Group Companies, Lists Reasons

Cyrus Mistry has finally bowed to the pressure to exit from Tata Sons on Monday, October 24, 2016 but said his legal battle will continue. Here is his statement in which he listed out his version to shareholders: “Over the last five decades my family’s steadfast support for the Tata Group has been one of guardianship. We have always ensured ...

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Yunus exit from Grameen Bank upheld by high court

Bangladesh Nobel laureate Mohammad Yunus has been shown the exit of Grameen Bank not on moral grounds but on archaic rules of  retirement set for banks. The High Court upheld the decision of the board of directors of Grameen Bank to retire Prof Yunus, 70 and gave the ruling in favour of the government which was adamant to oust Prof ...

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