Executives in the know say that all decisions under $4 will be taken after consulting the Tata Sons board, much unlike in the times of
GEC had replaced the group corporate centre and group executive office, but has been disbanded after Mistry was $4from his post in a much publicised situation.
Also read: $4
"It is a dynamic situation for all, not only Tata companies but all corporates including global markets," an executive told $4. "Also, we need to give the new chairman sufficient time to take a judgement call. These are early days yet."
The GEC setup under Mistry had given birth to talks of $4 in the group, said people cited above.
(Image source Initiate India)