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Tata Trusts Challenges Mehli Mistry's Right To Contest Trustee Changes After Term Expiry
· NDTV Profit
Tata Trusts has argued before the Maharashtra Charity Commissioner that Mehli Mistry cannot challenge trustee changes after his term expired, while a separate dispute involves Noel Tata's proposed appointment.
The analysis
This is a Capacity / capex event. Capacity added into a soft cycle compresses returns for the whole sector; added into a tight one it is the cheapest growth available. The cycle position matters more than the announcement.