

Tata Group: Reading the shareholder vote
Six resolutions were put to vote in four recent Tata group company meetings. Analysing the outcome data in the aggregate and by splicing it by resolution and by type of investor holds important learnings for the market. Four listed companies in the Tata group have recently held their extra-ordinary general meetings.1 These are Tata Consultancy Services Limited (meeting date 13 December 2016), Tata Steel Limited (21 December 2016), Tata Motors Limited (22 December 2016) and Ta


Tata Group: Time to reboot
Cyrus Mistry’s resignation must not be seen as an end in itself – instead it must be read as a new beginning to clean up some of the issues that plague the governance structures across the group, address the operational aspects (or hotspots), and establish a succession plan that is enduring. Following Cyrus Mistry’s resignation from the remaining six listed Tata Group companies, the Tata Group needs to address the issues that this conflict has raised. In doing so, it must als