In a surprise move, Tata Sons today removed Cyrus Mistry as its Chairman, nearly four years after he took over the reins of the over $100 billion salt-to-software conglomerate.
Ratan Tata makes a comeback, taking over as the company's interim boss for 4 months.
A selection panel has been formed to find a successor in four months. The committee will include Ratan Tata, Ronen Sen, Venu Srinivasan, Amit Chandra. The decision has been taken after the board meeting today.
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