12 November 2016 Current Affairs: Bhaskar Bhat resigned as director of Tata Chemicals saying the company was facing a threat due to loss of confidence in Chairman Cyrus Mistry by the company’s promoter, Tata Sons Limited.
Bhaskar Bhat has been the managing director of Titan Industries since 2002. Bhat said he was not a Tata Sons nominee on Tata Chemicals board and had joined the board after an invite from the Tata Chemicals board.
The independent directors considered the statement made by the company’s board of directors, which recommended and sought support for Mistry’s reappointment at the company’s annual general meeting (AGM) in August 2015.
FreshersLive - No.1 Job site in India. Here you can find latest 2018 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.