Special buses will be plied to pick and drop employees from key locations and car pools are being planned so that vehicular movement is reduced
Lyf was rolled out this year. Mukesh Ambani opened 4G services called Reliance Jio have free simcards along with Lyf phones and preloaded Jio apps.
Despite the unceremonious and un-Tata like end, I have nothing negative to say about the Tata group. It was not the fault of the 670,000 Tata people, he says.
More than half the board members of the seven major group companies are independent directors and Tata Sons is majority shareholder in only one of them.
“I will also not stoop to the level of the unidentified "person" "close to the former chairman", says Ronen Sen, independent director, Tata Sons.
The coterie of Mistry has now been disbanded and only two of its members — Mukund Rajan and Bhat — are retained by the group.
The tiff over Mistry's exit cover almost every point one can teach in B-schools, from corporate governance to conflict management and succession planning.
The chairman’s office will soon add more trusted and senior Tata hands including operating company executives as well as former heads of businesses.
Removal of Cyrus Mistry was absolutely necessary for the future success of the Tata Group: Ratan Tata
The email sent on Tuesday evening to all the 6.4 lakh employees of India's oldest conglomerate also pacified them saying the 'Tata Group was well served'.
All decisions on Tata-Docomo deal were taken with approval of Tata Sons Board and actions were consistent with every such collective decision, it added.
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