Tata Sons cancels board orientation programme

MUMBAI: Tata Sons has put off an orientation programme for its new board members Venu Srinivasan, Ajay Piramal and Amit Chandra, which was scheduled for Tuesday, even as the standoff between ousted chairman Cyrus Mistry and the holding firm's board continues.

The orientation programme at Tata Sons is normally conducted by chairman of group companies and group executive council (GEC) members give a presentation on the workings of India's oldest business house.

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However, on October 24 Tata Sons board had removed Mistry as chairman, made Ratan Tata the interim chairman, and disbanded GEC. Mistry continues to be chairman of some key group companies.

It's not clear when will the orientation programme will take place. Tata Sons did not respond to the email sent by ET on cancellation of the orientation programme as of press time on Tuesday.

The former GEC members were CHRO head NS Rajan, group strategist Nirmalya Kumar, business development officer Madhu Kannan, brand custodian Mukund Rajan, and Harish Bhat who replaced Mistry as Tata Global Beverages chairman on Tuesday. Mistry too was a member of this elite advisory panel.

Chandra, Piramal and Srinavasan joined Tata Sons board in August. Srinivasan was later appointed in Tata Trusts as well.