Here are a few stories from the International Business Times India to start your day with.
1. Tata Sons removes Cyrus Mistry, appoints Ratan Tata as interim chief; speculations rife over his removal
In a development that has taken many in India Inc. by surprise, Tata Sons said on Monday that chairman Cyrus Mistry has been replaced by doyen Ratan Tata as the interim head of the holding company. The sudden decision to remove 48-year-old Mistry was attributed to his approach to non-profitable businesses of the Tata Group, which grossed combined revenues of $103.51 billion in 2015-16. Read more...
2. Samajwadi Party rift: 'Why will I form a new party?,' Akhilesh Yadav breaks down at SP meet
Uttar Pradesh Chief Minister Akhilesh Yadav broke down on Monday morning at a Samajwadi Paty (SP) meeting in Lucknow, saying that he had no intentions of forming a new party despite his uncle Shivpal Singh Yadav's claims. Read more...
3. US Presidential elections 2016: Clinton's close aide directed $675,000 for wife of FBI deputy director who probed email scandal
As the US elections come close, skeletons are coming out of the closets of both the candidates. While Republican candidate Donald Trump is being haunted by accusations of sexual assault on multiple women, Democratic Party candidate Hillary Clinton's email scandal seems to be catching-up with her as well. Read more...
4. BCCI holds off on IPL tender process
The IPL tender process has been put off by the BCCI owing to the orders imposed by the Lodha Committee and the Supreme Court. The tendering was scheduled for Tuesday, but with all the new rules that have now been imposed, the Indian cricket board, already on the backfoot, have been left with little choice but to hand over the tender process duties to the Lodha panel. Read more...
5. Bengaluru water tanker driver G Balakrishna wins Mr Asia title
India's G Balakrishna has won the coveted Mr Asia 2016 title at the 5th Phil-Asia International Bodybuilding and Fitness Championships that took place earlier this month in the Philippines. The 25-year-old, who hails from Bengaluru, dedicated his win to Indian Army soldiers. Read more...
