All posts tagged: Cyrus Mistry

Ratan Tata had doubts about Cyrus Mistry’s leadership, reveals new book | Latest News India

Ratan Tata had doubts about Cyrus Mistry’s leadership, reveals new book | Latest News India

Ratan Tata began to question Cyrus Mistry’s suitability as chairman-designate of Tata Sons by the end of Mistry’s first year as his apprentice, according to a recently published biography, ‘Ratan Tata: A Life’ by Thomas Mathew. The book reveals that Tata felt he suffered more from the decision to dismiss Mistry as Chairman in October 2016 than Mistry himself did. Ratan Tata (R) began having second thoughts about Cyrus Mistry even before the latter formally taking over the position.(Kalpak Pathak/HT File Photo) The book claims that Ratan Tata began having second thoughts about Mistry even before the latter formally taking over the position fully. Mistry was appointed in 2011 following a global search by a selection committee, with Tata’s full endorsement, despite some concerns from seasoned members of the group. For a year, Mistry held the title of “Chairman designate” before officially assuming the role after Tata’s retirement in December 2012. When approving Mistry’s selection, Tata made two key stipulations. He insisted that Cyrus Mistry, then managing director of Shapoorji Pallonji Group, sever all ties …

State Funeral For Ratan Tata, India’s Most Beloved Industrialist

State Funeral For Ratan Tata, India’s Most Beloved Industrialist

The cremation will take place in the Worli area later in the day. Mumbai: Industrialist Ratan Tata, who died at the age of 86 in a Mumbai hospital on Wednesday, will be cremated with full state honours, Maharashtra Chief Minister Eknath Shinde announced. The state government has also declared a day of mourning on Thursday to honour the late industrialist.  Mr Shinde announced that the national flag will be flown at half-mast across government offices in Maharashtra as a mark of respect. Entertainment events scheduled for Thursday have been cancelled. Mr Tata’s body will be kept at the National Centre for Performing Arts (NCPA) in Mumbai’s Nariman Point from 10 am to 4 pm today, where people can pay their last respects. The cremation will take place in the Worli area later in the day. Home Minister Amit Shah will attend the late billionaire industrialist’s funeral as Prime Minister Narendra Modi departed for Laos to attend the ASEAN-India and East Asia summits. READ | Ratan Tata: Industrialist, Philanthropist, And Indian Icon Mr Tata’s death marks the …

Mumbai Police Tracks Down Caller Who Threatened Ratan Tata of ‘Cyrus Mistry-like Fate’

Last Updated: December 16, 2023, 13:22 IST Mumbai Police tracked down man who warned Ratan Tata of same fate as Cyrus Mistry. (Photo Credits: YouTube) Mumbai Police tracked down the man who made a threatening call to Ratan Tata. The caller was suffering from schizophrenia and warned Tata of ‘Cyrus Mistry-like fate’. The Mumbai Police on Saturday informed that they have successfully tracked down the man who was allegedly behind the threatening call directed at veteran industrialist and former Chairman of Tata Sons, Ratan Tata. The police investigation revealed that the anonymous caller has schizophrenia. According to an official from Mumbai Police, the caller asked the cops to enhance Ratan Tata’s security. Further issuing a warning the anonymous caller said that failing to do so will make Ratan Tata meet a similar fate as that of former Tata Sons chairman Cyrus Mistry. Following the call, Mumbai Police swiftly turned into action mode and assigned a special team to enhance the personal security of Ratan Tata. Meanwhile, another team was prepared to collect information about the …

Cyrus Mistry death | Multiple challans were issued against Anahita Pandole for over-speeding since 2020

Wreackage of the Mercedes car in which businessman and former Tata Sons Chairman Cyrus Mistry was travelling when it met with an accident in Palghar. File | Photo Credit: PTI Gynaecologist Dr. Anahita Pandole, who was booked on the charge of rash driving that resulted into the death of industrialist Cyrus Mistry, has a history of traffic rules violation and was issued challans for over-speeding on several occasions since 2020, a police official said on December 15. The police in Palghar district of Maharashtra, who are investigating the Mistry car accident case, have found this during their investigation. Former Tata Sons chairman Mistry (54) and his friend Jehangir Pandole were killed after the Mercedes-Benz car hit the railing of the Surya river bridge in Palghar district on September 4 this year. Dr. Anahita, who was at the wheel, and her husband Darius suffered serious injuries in the accident. All of them were returning to Mumbai from Ahmedabad. Data Point | Who is the median road accident victim in India? The police official said that during …

3 Months After Cyrus Mistry’s Death, Govt Moves to Replace Bridge Railing With Crash Barriers Across India

The Centre is now looking at replacing railings on all existing bridges with crash barriers, one of the key learnings from the fatal accident of industrialist Cyrus Mistry in September when his car had crashed on a bridge. Mistry’s car had crashed on the parapet wall of a bridge on the Mumbai-Ahmedabad Highway in Palghar, causing his death and that of his friend Jehangir Pandole, who was the global strategy head of KPMG in London. Among the reasons for the fatal accident were over-speeding, the rear seat passengers not wearing seat-belts and the absence of a crash barrier on the parapet wall on the bridge that may have mitigated the impact of the accident. Another reason cited for the accident was the bridge parapet wall found to be protruding into the shoulder lane. This was a two-lane bridge called the Surya River Charoti bridge. The Roads and Highways Ministry on December 14 issued a circular to all states and senior NHAI officials on the need to replace the railings on existing bridges with crash barriers. …