Letter to the Editor

Right decision

Mahesh Kumar

Sir — This refers to the editorial, “Palace coup at Tatas” (October 26). In the interest of the company and its shareholders, the removal of Cyrus Mistry from the post of chairman, Tata Sons, was the right decision, as facts in the media speak for it. Mistry should have gracefully accepted the decision of the board.

Ratan Tata is a man with a mission. He has the track record of a broader view in business and personal life too. He has business acumen. He is a true nationalist, patriot and a thorough gentleman. His credentials cannot be questioned in a light manner.

Had this decision not been taken now, the company would have suffered more losses from every angle, and the Tata group’s reputation would have suffered.