One of the most well-entrenched and trusted names in the Indian business circles has been in the news for all wrong reasons. The TATA Group, besieged with the Cyrus Mistry ouster has taken a huge dent in its goodwill and has slid in global rankings.
Tata Sons, the controlling company of the group no longer features in the world’s top 100 brands list rolled out by consulting firm Brand Finance. Ranked at number 82 last year, Tata Sons slid 21 ranks to end up number 103.
Prior to this, the Tata name has been a constant feature in the list of world’s top 100 brands for a decade. Apple Inc., the manufacturer of the iconic iPhone, is at the numero-uno position in the list.
The Tata Group can take heart from the fact that it still tops the charts amongst Indian brands. It has piped the likes of Life Insurance Corporation of India (LIC), State Bank of India (SBI) and Infosys to retain its position as the most valuable Indian brand. 
The Salt to Software manufacturer hogged the limelight late last year when the slugfest between Ratan N Tata and Cyrus Mistry took an ugly shape. Cyrus Mistry was ousted as Chairman which led to the start of an acrimonious legal battle.
So far, Tata Sons have had their way in the court of Law. The National Company Law Tribunal (NCLT) as well as the National Company Law Appellate Tribunal (NCLAT) has dismissed the petition filed by Cyrus Mistry.
The tables may turn when the findings of the investigations are tabled by the Securities and Exchange Board of India (SEBI) and the Ministry of Corporate Affairs are tabled before the court of law.
