In a shocking development, Tata Sons has announced that it has removed Cyrus P. Mistry as chairman of the salt-to-software conglomerate. The decision to remove Mistry was taken at a board meeting in Mumbai on Friday, the company said. Ratan Tata, whom Mistry had succeeded, has been called back to be interim chairman.

Subscribe to OneIndia News Channel for latest updates on movies and related videos.

You Tube: https://www.youtube.com/channel/UCqTa3sNT6SfiQ2DQK_kuWlA

Follow us on Twitter : https://twitter.com/Oneindia

Like us on Facebook : https://www.facebook.com/oneindianews

Join our circle in Google Plus : https://plus.google.com/u/0/b/112448479869362930381/+oneindia

Download App: https://play.google.com/store/apps/details?id=in.oneindia.android.tamilapp