Tata completes purge of ex-chairman Mistry

Indian salt-to-steel giant Tata completed its purge of former chairman Cyrus Mistry on Monday (6) by removing him from the board of the conglomerate’s holding company.

Mistry was axed as chairman of the holding company Tata Sons in October and then forced out of its operating companies as group patriarch Ratan Tata set about eradicating his influence in the 150-year-old conglomerate.

Mistry’s dismissal from the Tata Sons board at a special meeting in Mumbai on Monday saw him stripped of his last official position in the group, which has annual revenue of $103 billion.

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Founder of Tilda Rice empire passes away

One of Britain’s leading Asian businessmen, Rashmibhai Narshidas Thakrar, whose family founded the Tilda Rice empire, passed away last Friday (3). He was 70.

Along with his brothers Vipul and Shilen, Rashmibhai turned Tilda into a global food brand before it was sold in 2014 to the US food group Hain Celestial in a deal said to be worth £217 million.

Originally from Gujarat, the Thakrar family settled in east Africa before they moved to Britain in the 1970s.

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Shah Rukh Khan’s Raees won’t release in Pakistan

Pakistan’s censor board has not cleared Bollywood superstar Shah Rukh Khan-Mahira Khan starrer Raees for release in the country after finding the film’s content and theme objectionable.

“The portrayal of Muslims is negative and the film’s content undermines Islam, and a specific religious sect, (while also) portraying Muslims as criminals, wanted persons and terrorists,” an official source in the censor board said.

The distributors of Raees, Hum Films had last week submitted the film to the censor board for clearance to release in the Pakistani cinema halls after the government allowed screening of latest Bollywood movies last week.

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ICC begins ‘Big Three’ rollback despite India objection

The International Cricket Council (ICC) has agreed “in principle” to reverse the 2014 decision which effectively put India, England and Australia in control of the game’s finances and administration.

Unsurprisingly, the influential the Board of Control for Cricket in India (BCCI) voted against the new proposal after failing to defer the vote in a three-day ICC board meeting that concluded in Dubai on Saturday.

Vikram Limaye, representing BCCI at the meeting, sought to defer the vote on the proposal until the next meeting in April, saying his body had had insufficient time to evaluate it.

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