The carmaker said last month the former long-time Renault executive would step down from the board of directors on June 27 when his term expired, casting doubt on his future as he had been seen as a front-runner to be the next CEO.
Allies of Gupta pressed the board in 2020 to promote him to the role of co-CEO, hoping he would push forward Nissan's turnaround and boost its alliance with Renault and Mitsubishi Motors, but the promotion did not materialise. Gupta had clashed with Nissan CEO Makoto Uchida over Uchida's desire to close the negotiations with Renault quickly, with Gupta urging more caution over terms of the deal, people with knowledge of the talks have told Reuters.
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Court scraps tender won by Gupta-linked JV to build SA diplomatic compound in New York | BusinessThe Supreme Court of Appeal has declared a controversial contract to build a new multibillion-rand diplomatic headquarters for SA's diplomats in New York unlawful some seven years after it was reached. | News24_Business
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