The R. Mukundan-led company finds itself relegated to being one of the weaker parts of the salt-to-software Tata Group. A lack of fresh ideas isn’t helping either.
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A SEBI crackdown has revealed that Bharat Global Developers Ltd used every trick in the book to drive up its share price so its preferential stockholders could make a killing. What remains unexplained though is the little-known firm’s dealings with Reliance.
Indian aviation is replete with failed attempts at integrating cultures of merged entities. Given the fissures and concerns in both airlines, have the Tatas done enough to buck the trend?
Eulogies have glorified Tata’s humility and his philanthropy, balanced out by critics who focus on his bad history of acquisitions. The legacy is more nuanced and fits the times he lived and led in.