Battle for control breaks out in The Hindu very divided family

Murali was eventually removed from the position of the MD. A formal announcement to this effect, however, has not been made as yet.

Meanwhile, Ram declined to comment on whether the board had decided to divest Murali of his powers saying it was an internal matter of the company.

On allegations of irregularities in appointments of family members, he said: "Any appointment of a relative of a Director that needed approval by both the Board of Directors and Shareholders before going to the central government was approved unanimously without a murmur of dissent by any Director or Shareholder. Every one of the 12 Directors of the Company approved every such appointment."

Please read our terms of use before posting comments
TERMS OF USE: The views expressed in comments published on are those of the comment writer's alone. They do not represent the views or opinions of The Indian Express Group or its staff. Comments are automatically posted live; however, reserves the right to take it down at any time. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory.