Tata’s Dream Project ‘Nano Car’ will not make Profit, says Chairman Cyrus Mistry of Tata Sons

In an angry letter to the board members who ruled against him and the Tata Trustees, Mistry said the cost of Nano was always above the price of the concept car of Rs 1 Lakh “Emotional reasons alone have kept us away from this crucial decision,” he stated The board brought back Tata to the position…

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