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The Hindu BusinessLine weighs in on the circumstances surrounding Cyrus Mistry's exit from the Tata Group. Why did this happen? What are the consequences of Mistry's removal? While share prices fell following the announcement, what does this mean for the Group in the longterm? Does the Companies Act allow this? Will the Tata Group be able to find a suitable successor soon?
Read more: Mistry’s ouster, an unseemly affair
My removal is unparalleled in corporate history: Mistry
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