Mistry Warns Tata of $18B in Writedowns

The transcript discusses the allegations made by Cyrus Mistry against the board, highlighting financial issues, market impacts, and claims of interference by Ratan Tata. It also covers the controversy surrounding the Tata Nano project and anticipates future legal battles.

What was Cyrus Mistry's main complaint against the Tata Group board?

• He was not given a chance to defend himself before being sacked.

• He was not given a salary raise.

• He was not allowed to attend board meetings.

• He was not given shares in the company.

Which of the following companies experienced a stock decline as mentioned in the transcript?

• Tata Motors

• Tata Chemicals

• Tata Consultancy Services

• Tata Power

What issue did Cyrus Mistry highlight regarding the Tata Nano project?

• It was not given enough investment.

• It should have been scrapped due to consistent unprofitability.

• It was the most successful project of Tata Group.

• It was a highly profitable venture.

What broader issue did Cyrus Mistry allege was present within the Tata Group board?

• Lack of diversity

• Insufficient board meetings

• Lack of innovation

• Corporate governance issues

What is the expected next step in the controversy according to the transcript?

• A peaceful resolution

• An immediate settlement

• A prolonged legal battle

• A merger with another company