Oct 27 | 06:24 IST
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Sacked unceremoniously, a "shocked" Cyrus Mistry has levelled a series of allegations against Ratan Tata and contended that he was pushed in to a position of "lame duck" chairman and changes in decision making process created alternate power centres in Tata Group.
Besides, stock exchanges, late this evening, sought clarification from many of the group's listed companies on the purported disclosure by ousted Chairman Cyrus Mistry of about Rs 1.18 lakh crore possible writedown at the group firms.
Cyrus Mistry's removal as the Chairman of Tata Sons' has cast a shadow on the ties between the two families. While the Tatas have always had a commanding presence, Pallonji family has maintained a low profile and mostly stayed away from spotlight.
The DND flyway across Yamuna river connects Noida (Uttar Pradesh) with Delhi. Various organisations and associations in Noida and Greater Noida have been calling for the removal of toll tax on Delhi- Noida direct flyway.
Ratan Tata made a comeback as the interim Chairman of the group after Cyrus Mistry was removed in a surprising turn of events.
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