Ratan tata on cyrus mistry death

MUMBAI, Sept 4 (Reuters) - Cyrus Mistry, the 54-year-old former chairman of Indian conglomerate Tata Sons, died in a road accident near financial capital Mumbai on Sunday, Indian police said. Mistry was ousted as chairman of Tata Sons, the holding company of the $300-billion salt-to-software Tata conglomerate, in a boardroom coup in 2016, sparking a long-drawn-out legal tussle on which India's top court eventually ruled in Tata Group's favour. The accident took place in Palghar, located about 100 kilometres (62 miles) north of Mumbai, on Sunday afternoon. Mistry was travelling to Mumbai from Gujarat with three others, B. Patil, the top police official in Palghar district, said. A senior Mumbai police official said the car in which Mistry was travelling had rammed into a divider, and that he had died at the accident site. Several prominent politicians and industrialists tweeted their condolences after news of Mistry's passing was reported. Prime Minister Narendra Modi called Mistry's demise untimely and shocking. "He was a promising business leader who believed in India's economic prowess. His passing away is a big loss to the world of commerce and industry," Modi tweeted. Mistry's family and Tata Sons did not immediately respond to a request seeking comment. Tata Consultancy Services, in which Tata Sons owns a majority stake, said it was mourning the untimely demise of its former chairman, adding that the company was offering its "deepest condolences and prayers" to his fa...

Cyrus Mistry, former chairman of Tata Sons, dies in road accident Former chairman of Tata group, Cyrus Mistry was killed in a road accident in Palghar near Mumbai on Sunday. Mistry was travelling from Ahmedabad to Mumbai in a Mercedes car. “The accident took place around 3.15 pm, when Mistry was travelling to Mumbai from Ahmedabad. The accident took place on a Mistry took over as the Tata Sons chairman after Here are 10 things to know about Cyrus Mistry: • Mistry was the son of Pallonji Mistry, the single largest shareholder of Tata Sons. He owned a stake of over 18.5%. • Cyrus was the sixth — and youngest — chairman to head Tata Sons when he took over from Ratan Tata in 2012. • Mistry, who succeeded his father on the board of Tata Sons, was made the managing director of the family-run Shapoorji Pallonji Group's construction and infrastructure businesses in 1994. He was only 26. • Mistry was an Irish citizen by virtue of his mother being Irish. He was born in Mumbai on July 4, 1968. • He was a graduate of civil engineering from the Imperial College, London (1990) and had an MSc in management from the London Business School (1997). • Mistry is often credited with taking Shapoorji Pallonji Group to new heights, which now employs over 23,000 employees and has a strong presence in India, besides the Middle East and Africa. • Mistry was ousted from Tata Sons as chairman in October 2016. A lengthy and messy legal battle ensued. • Cyrus is survived by two sisters: Laila and Aloo....

• Mistry joined Tata Sons' board of directors in September 2006, following his father's retirement. • Cyrus Mistry could only stay in his position for four years before being removed in a boardroom coup led by Tata Trusts in 2016. • In a court battle, the Supreme Court ruled in 2021 that Cyrus' removal from the Tatas was legal. New Delhi: Cyrus Mistry was killed in a road accident in Palghar on Sunday afternoon after the Mercedes he was driving collided with a divider. The accident occurred while the business tycoon, the younger son of Indian billionaire and construction magnate late Pallonji Mistry, was travelling from Ahmedabad to Mumbai. Cyrus Mistry's career has taken him from being the managing director of construction giant Shapoorji Pallonji Group to becoming the chairman of Tata Sons in 2012, succeeding Ratan Tata — the first Non-Tata to lead Ratan Tata's empire. Mistry was appointed deputy chairman of the Tata Group in November 2011, with the goal of taking over as chairman a year later, following the retirement of Ratan Tata, who had led the conglomerate since 1991. He was the first person in the company's history who was not a blood relative of the Tata family to take over as CEO in 2012. Cyrus Mistry, on the other hand, could only stay in his position for four years before being removed in a boardroom coup led by Tata Trusts in 2016. Ratan Tata controlled the Trusts, which owned 66% of Tata Sons. Two Mistry family-backed investment firms, Cyrus Investments Pvt ...

Cyrus Mistry, former chairman of Tata Sons, dies in road accident Former chairman of Tata group, Cyrus Mistry was killed in a road accident in Palghar near Mumbai on Sunday. Mistry was travelling from Ahmedabad to Mumbai in a Mercedes car. “The accident took place around 3.15 pm, when Mistry was travelling to Mumbai from Ahmedabad. The accident took place on a Mistry took over as the Tata Sons chairman after Here are 10 things to know about Cyrus Mistry: • Mistry was the son of Pallonji Mistry, the single largest shareholder of Tata Sons. He owned a stake of over 18.5%. • Cyrus was the sixth — and youngest — chairman to head Tata Sons when he took over from Ratan Tata in 2012. • Mistry, who succeeded his father on the board of Tata Sons, was made the managing director of the family-run Shapoorji Pallonji Group's construction and infrastructure businesses in 1994. He was only 26. • Mistry was an Irish citizen by virtue of his mother being Irish. He was born in Mumbai on July 4, 1968. • He was a graduate of civil engineering from the Imperial College, London (1990) and had an MSc in management from the London Business School (1997). • Mistry is often credited with taking Shapoorji Pallonji Group to new heights, which now employs over 23,000 employees and has a strong presence in India, besides the Middle East and Africa. • Mistry was ousted from Tata Sons as chairman in October 2016. A lengthy and messy legal battle ensued. • Cyrus is survived by two sisters: Laila and Aloo....

MUMBAI, Sept 4 (Reuters) - Cyrus Mistry, the 54-year-old former chairman of Indian conglomerate Tata Sons, died in a road accident near financial capital Mumbai on Sunday, Indian police said. Mistry was ousted as chairman of Tata Sons, the holding company of the $300-billion salt-to-software Tata conglomerate, in a boardroom coup in 2016, sparking a long-drawn-out legal tussle on which India's top court eventually ruled in Tata Group's favour. The accident took place in Palghar, located about 100 kilometres (62 miles) north of Mumbai, on Sunday afternoon. Mistry was travelling to Mumbai from Gujarat with three others, B. Patil, the top police official in Palghar district, said. A senior Mumbai police official said the car in which Mistry was travelling had rammed into a divider, and that he had died at the accident site. Several prominent politicians and industrialists tweeted their condolences after news of Mistry's passing was reported. Prime Minister Narendra Modi called Mistry's demise untimely and shocking. "He was a promising business leader who believed in India's economic prowess. His passing away is a big loss to the world of commerce and industry," Modi tweeted. Mistry's family and Tata Sons did not immediately respond to a request seeking comment. Tata Consultancy Services, in which Tata Sons owns a majority stake, said it was mourning the untimely demise of its former chairman, adding that the company was offering its "deepest condolences and prayers" to his fa...

• Mistry joined Tata Sons' board of directors in September 2006, following his father's retirement. • Cyrus Mistry could only stay in his position for four years before being removed in a boardroom coup led by Tata Trusts in 2016. • In a court battle, the Supreme Court ruled in 2021 that Cyrus' removal from the Tatas was legal. New Delhi: Cyrus Mistry was killed in a road accident in Palghar on Sunday afternoon after the Mercedes he was driving collided with a divider. The accident occurred while the business tycoon, the younger son of Indian billionaire and construction magnate late Pallonji Mistry, was travelling from Ahmedabad to Mumbai. Cyrus Mistry's career has taken him from being the managing director of construction giant Shapoorji Pallonji Group to becoming the chairman of Tata Sons in 2012, succeeding Ratan Tata — the first Non-Tata to lead Ratan Tata's empire. Mistry was appointed deputy chairman of the Tata Group in November 2011, with the goal of taking over as chairman a year later, following the retirement of Ratan Tata, who had led the conglomerate since 1991. He was the first person in the company's history who was not a blood relative of the Tata family to take over as CEO in 2012. Cyrus Mistry, on the other hand, could only stay in his position for four years before being removed in a boardroom coup led by Tata Trusts in 2016. Ratan Tata controlled the Trusts, which owned 66% of Tata Sons. Two Mistry family-backed investment firms, Cyrus Investments Pvt ...

• Mistry joined Tata Sons' board of directors in September 2006, following his father's retirement. • Cyrus Mistry could only stay in his position for four years before being removed in a boardroom coup led by Tata Trusts in 2016. • In a court battle, the Supreme Court ruled in 2021 that Cyrus' removal from the Tatas was legal. New Delhi: Cyrus Mistry was killed in a road accident in Palghar on Sunday afternoon after the Mercedes he was driving collided with a divider. The accident occurred while the business tycoon, the younger son of Indian billionaire and construction magnate late Pallonji Mistry, was travelling from Ahmedabad to Mumbai. Cyrus Mistry's career has taken him from being the managing director of construction giant Shapoorji Pallonji Group to becoming the chairman of Tata Sons in 2012, succeeding Ratan Tata — the first Non-Tata to lead Ratan Tata's empire. Mistry was appointed deputy chairman of the Tata Group in November 2011, with the goal of taking over as chairman a year later, following the retirement of Ratan Tata, who had led the conglomerate since 1991. He was the first person in the company's history who was not a blood relative of the Tata family to take over as CEO in 2012. Cyrus Mistry, on the other hand, could only stay in his position for four years before being removed in a boardroom coup led by Tata Trusts in 2016. Ratan Tata controlled the Trusts, which owned 66% of Tata Sons. Two Mistry family-backed investment firms, Cyrus Investments Pvt ...

Cyrus Mistry, former chairman of Tata Sons, dies in road accident Former chairman of Tata group, Cyrus Mistry was killed in a road accident in Palghar near Mumbai on Sunday. Mistry was travelling from Ahmedabad to Mumbai in a Mercedes car. “The accident took place around 3.15 pm, when Mistry was travelling to Mumbai from Ahmedabad. The accident took place on a Mistry took over as the Tata Sons chairman after Here are 10 things to know about Cyrus Mistry: • Mistry was the son of Pallonji Mistry, the single largest shareholder of Tata Sons. He owned a stake of over 18.5%. • Cyrus was the sixth — and youngest — chairman to head Tata Sons when he took over from Ratan Tata in 2012. • Mistry, who succeeded his father on the board of Tata Sons, was made the managing director of the family-run Shapoorji Pallonji Group's construction and infrastructure businesses in 1994. He was only 26. • Mistry was an Irish citizen by virtue of his mother being Irish. He was born in Mumbai on July 4, 1968. • He was a graduate of civil engineering from the Imperial College, London (1990) and had an MSc in management from the London Business School (1997). • Mistry is often credited with taking Shapoorji Pallonji Group to new heights, which now employs over 23,000 employees and has a strong presence in India, besides the Middle East and Africa. • Mistry was ousted from Tata Sons as chairman in October 2016. A lengthy and messy legal battle ensued. • Cyrus is survived by two sisters: Laila and Aloo....

MUMBAI, Sept 4 (Reuters) - Cyrus Mistry, the 54-year-old former chairman of Indian conglomerate Tata Sons, died in a road accident near financial capital Mumbai on Sunday, Indian police said. Mistry was ousted as chairman of Tata Sons, the holding company of the $300-billion salt-to-software Tata conglomerate, in a boardroom coup in 2016, sparking a long-drawn-out legal tussle on which India's top court eventually ruled in Tata Group's favour. The accident took place in Palghar, located about 100 kilometres (62 miles) north of Mumbai, on Sunday afternoon. Mistry was travelling to Mumbai from Gujarat with three others, B. Patil, the top police official in Palghar district, said. A senior Mumbai police official said the car in which Mistry was travelling had rammed into a divider, and that he had died at the accident site. Several prominent politicians and industrialists tweeted their condolences after news of Mistry's passing was reported. Prime Minister Narendra Modi called Mistry's demise untimely and shocking. "He was a promising business leader who believed in India's economic prowess. His passing away is a big loss to the world of commerce and industry," Modi tweeted. Mistry's family and Tata Sons did not immediately respond to a request seeking comment. Tata Consultancy Services, in which Tata Sons owns a majority stake, said it was mourning the untimely demise of its former chairman, adding that the company was offering its "deepest condolences and prayers" to his fa...