Who is Darius Khambata and what his exit from Tata Trusts means for Noel?
Indian markets convened in a governance development with September 17 in focus.
· BS Companies
Darius Khambata is stepping down over differences following the September 17 Tata Sons board meeting, which he said had 'damaged' the company's reputation and gone against the Tata group's…
Key facts
- Dates in focus
- September 17
The analysis
Governance events hit the valuation multiple, not just the earnings — and the de-rating is usually faster than the recovery.