Most of the International acquisitions except for JLR,Tetley during Ratan Tata's time were loss making ventures.
Their steel business in UK has been consistently posting huge losses during Ratan Tata's time. The global situation during Cyrus's time only became more challenging not to mention Brexit. He is supposed to turn this around in a couple of years?
Tata motors and Tata communication ventures were losing money during Ratan Tata's time. Cyrus has brought these losses down. The JV headache with NTT docomo is something Cyrus inherited from Ratan Tata.
When it comes to GOI contracts you can't beat Reliance. Did Tata group lose to any Non-Reliance competitor or lose non-GOI contracts to Reliance during Cyrus's time?
Tata group was losing money in the hospitality industry as well before Cyrus. He put them on path to profitability and posted a profit and did not at least lose money.
Cyrus stopped losses and put several Tata group ventures including Tata Motors, Tata communications, hotels on the path to profitability within a couple of years and their full effect will only be felt over time.
Yes there was a lot of hype around Nano but to call it a success is warped. Cyrus Mistry inherited flawed concepts and ventures like Nano from his predecessor but still within a short time has corrected the prior mistakes and put the group slowly but steadily on path to glory.
Even if what Tata trusts or Ratan Tata are saying is true does it justify the way of firing?
I am not able to understand that long term failures have been assigned as reason of removal for the different tenure? like BJP responsible for Congress acts?
