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Business Matters: Ousted Tata Chairman Hits Back

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27/10/2016 GMT

Ousted Tata Chairman Hits Back

BBC World Service - Business Matters, Ousted Tata Chairman Hits Back

Former Tata chairman fights back; Tensions rising in Venezuela; Dog days are over in Oz?

The ousted head of Tata group hits back at his former employers; President Maduro faces major challenges in Venezuela; Dog racing in New South Wales lives to see another day.

An explosive leaked email written by the former head of the Tata group is creating headlines and has sent the share prices of some companies in the organisation diving. The group unexpectedly replaced Cyrus Mistry on Monday, giving no explanation or details about its decision. Mr Mistry has come out fighting. The editor of India's Economic and Political Weekly, Paranjoy Guha Thakurta tells us how the drama is changing perceptions of India's largest conglomerate.

These are turbulent times in Venezuela, with protests across the country against President Maduro and his supposed mishandling of the economy. He in turn has accused his opponents of an attempted coup. Daniel Garcia Marco explains why the country is at boiling point.

Phil Mercer goes to the dogs to find out why the Australian government has made an embarrassing climb-down on its ban of greyhound racing in New South Wales. 

There's a major slowdown in the South Korean economy, and it is not all due to Samsung and Hanjin's corporate woes. Amid signs of housing oversupply how long can the country sustain its construction-based growth model?

Andrew Wood in Hong Kong fills us in on other business stories from Asia. Plus, what can Halloween mask sales tell us about the US Presidential election result?

Roger Hearing is joined by James Rooney, vice chairman of the Seoul Financial Forum and Peter Morici, economist at the University of Maryland.

(Photo: Cyrus Mistry addresses Tata AGM. Credit Indranil Mukherjee/AFP/Getty Images)

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