Cyrus Mistry became chairman of Tata Sons Pvt. Ltd., the parent company for India’s largest conglomerate, in 2012 amid expectations that he would improve performance of its vast collection of holdings, including the makers of Jaguar and Land Rover cars, steel and Tetley tea, and operators of luxury hotels such as the Pierre in New York and the Taj Palace in New Delhi.

Four years later, Tata’s board ousted him for reasons that are still disputed.

This post first appeared on wsj.com

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