MUMBAI -- India's Supreme Court ruled in favor of the country's leading conglomerate Tata Group on Friday by upholding the 2016 removal of Cyrus Mistry as executive chairman.
Companies
Tata Group wins 4-year legal battle with ex-chairman Mistry
India's top court overturns tribunal ruling, easing management risk factor
Former chairman of Tata Group, Cyrus Mistry, left, and Ratan Tata, the company's emeritus chairman. The conglomerate removed Mistry from his position in October 2016, triggering a legal battle. © Reuters
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