Cyrus Mistry

Cyrus Mistry, the 54-year-old former chairman of Indian conglomerate Tata Sons, died in a road accident near financial capital Mumbai on Sunday, ...

Mistry's grandfather first bought shares in Tata Sons in the 1930s. He was the brother-in-law of Noel Tata, half-brother of Mistry's predecessor as chair Ratan Tata. Patil, the top police official in Palghar district, said. The accident took place in Palghar, located about 100 kilometres (62 miles) north of Mumbai, on Sunday afternoon. Register now for FREE unlimited access to Reuters.com 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 family and friends.

Till his appointment as the chairman to lead Tata Sons, not many knew of Cyrus Mistry, who was then associated only with his family business.

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. He did not do a single media interview from Bombay House but opened up to speak in the days following his ouster. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. In 1991 he entered the family business, becoming director of its flagship construction company, Shapoorji Pallonji & Co. It turned bitter, with Mistry dragging the storied corporate grouping to courts to get the reasons for his exit.

The news is the latest blow for the Mistry family whose patriarch, Pallonji Mistry – Cyrus's father – died in June at the age of 93.

His shock ouster in 2016 triggered a very public, years-long courtroom and boardroom battle between two of India’s most storied corporate clans, the Mistrys and Tatas. [Mistry had accumulated a net worth of almost US$29 billion at the time of his death, according to the Bloomberg Billionaires Index, making him one of the richest men in India.] [Mistry family whose patriarch, Pallonji ] [Mistry – ] [Cyrus’s father – died in June at the age of 93.]

Cyrus P. Mistry, industrialist and former chairman of Tata Sons, was killed in a road accident about 150 km from Mumbai on Sunday when the car he was ...

Both were injured and were rushed to the Rainbow Hospital in Vapi,” he said. It overtook a vehicle and directly hit a road divider on the bridge. Pandole is a businessman and has served as an independent director at Tata Global Beverages. Anahita is a gynaecologist attached to Mumbai’s Breach Candy Hospital. “The car was coming from Gujarat and was headed towards Mumbai. According to the Kasa police, Mr.

CYRUS MISTRY, son of Pallonji Mistry, who led a prolonged six-year battle with the Tata Group after his ouster as Chairman of Tata Sons in October 2016, ...

Among the reasons cited for his removal was the fact that he had replaced some trusted hands of Ratan Tata and his proposed sale of the Tata Steel port plant in the UK was not taken well. After his ouster as Tata Sons Chairman in October 2016 due to reports of disagreements with Ratan Tata over several business decisions, he was also removed as a director on the board of the holding company in February 2017. Cyrus was the Managing Director of the Shapoorji Pallonji Group till he moved to Tata Sons. He had challenged his ouster from the Tata Group in the National Company Law Tribunal, but his petition was rejected. He was the sixth Chairman of Tata Sons and was the second person from outside the Tata family to head the group in its over 150 years of existence. Warmly welcomed back into the group by his elder brother Shapoor Mistry after helming the Tata Group for almost four years, he along with his brother followed up on the OTR, paid off the entire debt, and exited the scheme in March this year.

Cyrus Mistry's car hit a divider in Maharashtra's Palghar district neighbouring Mumbai on Sunday.

Politicians and business leaders react with shock to 54-year-old's death on bridge in Maharashtra state.

Tata Consultancy Services (TCS), in which Tata Sons owns a majority stake, said it was mourning its former chairman’s untimely death. “He was a warm, friendly and congenial person who built a strong relationship with the TCS family during his time as the chairman of the company,” it said in a statement. He challenged the board’s decision, but India’s top court upheld his dismissal. If life had other plans for him, so be it, but life itself should not have been snatched away from him.” The car in which Mistry was travelling had rammed into a divider and he died at the scene, a senior Mumbai police official said. [Tata](https://www.theguardian.com/business/tata) Sons, the holding company of the $300bn salt-to-software Tata conglomerate, for five years until he was removed by the board in October 2016.

The death of Cyrus Mistry is a big loss for the business world, the Indian prime minister says.

In a tweet, Mr Modi called Mr Mistry a "promising business leader who believed in India's economic prowess". The vehicle is said to have hit a divider in the road, while crossing a bridge over a river, and Mr Mistry subsequently died at the crash scene. Mr Mistry and his companions were travelling in a Mercedes car through the Palghar district of Maharashtra when the accident happened on Sunday afternoon, police said.

Cyrus Mistry's tragic death in a car accident on Sunday has put the spotlight again on Shapoorji Pallonji's Group's substantial 18.4 per cent holding in ...

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Today, it is with a heavy heart that the Mistry family believes that a separation of interests would best serve all stakeholder groups," the group said in a statement. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. [Tata Sons](/topic/tata-sons) that impact the livelihoods of the wider SP Group community leads to the inexplicable conclusion that the mutual co-existence of both groups at [Tata Sons](/topic/tata-sons) would be infeasible.

Cyrus Mistry was accompanied by three other passengers including an eminent gynecologist who was behind the wheel, Dr. Anahita Pandole, her husband Darius ...

Mistry, 54, who died on Sunday, was sacked from Tata Sons, the holding company of the $300b conglomerate, in 2016.

Its landmark projects include the Reserve Bank of India and the Oberoi Hotel in Mumbai and the blue-and-gold Al Alam palace for the Sultan of Oman. Mistry’s grandfather first bought shares in Tata Sons in the 1930s. Mistry was the sixth chairman of the Tata group, a conglomerate started more than 150 years ago, and the second not named Tata.

Tata Consultancy Services mourns the untimely demise of our former chairman, Shri Cyrus Mistry,” said a TCS statement.

[Subscribe](https://economictimes.indiatimes.com/subscription?newslettertype=div_3125&email=2&utm_source=newsletter&utm_medium=email&utm_campaign=DailyTop5)to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. We offer our deepest condolences and prayers to his family and friends in their time of loss.” He had a passion for life and it is really tragic that he passed away at such a young age. [technology](https://economictimes.indiatimes.com/tech)and [startup news](https://economictimes.indiatimes.com/tech/startups)that matters. Mistry became the sixth chairman of Tata Sons in 2012. He had taken over as chairman in December post

Former Tata Sons Chairman Cyrus Mistry, who died in a road accident near Mumbai on Sunday, received a head injury when his car rammed into the divider, ...

Cyrus Mistry, the Indian scion of one of the country's most prominent empires, died in a road accident on a highway near Mumbai on Sunday, according to ...

"One of the finest gentlemen I have known, he was one of the best business minds of his generation. He was called away too soon," he My deepest condolences and prayers for his family in these difficult times." [head of ](https://edition.cnn.com/2011/11/24/business/india-tata-mistry-profile/index.html) [replaced](https://money.cnn.com/2016/10/24/investing/tata-group-cyrus-mistry-ouster/index.html) [announced as](https://edition.cnn.com/2011/11/24/business/india-tata-mistry-profile/index.html)

Cyrus Mistry accident: It was further revealed that the car covered 20 km distance in mere 9 minutes after crossing the Charoti check post in Palghar, ...

Bodies of Mistry and Jehangir Pandole have been sent to Mumbai’s JJ Hospital for postmortem. As per an eyewitness, Anahita tried to overtake another vehicle from the left side but lost control and crashed into the divider. It was further revealed that the car covered 20 km distance in mere 9 minutes after crossing the Charoti check post in Palghar, 120 kms away from Mumbai.

In 2012, Cyrus Mistry was appointed as the chairman of the Tata Group. His brother, Shapoor Mistry, was entrusted with the responsibilities of the Shapoorji ...

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Shapoor has held the top position since the retirement of Pallonji in 2012. His daughter Tanya was given the responsibility of corporate social responsibility (CSR) activities. Among the foremost responsibilities given to Pallon and Tanya is improving communications with the shareholders. [Shapoorji Pallonji Group](/topic/shapoorji-pallonji-group) has been left to deal with a double blow.

An Indian-born Irish businessman who once led India's biggest conglomerate but was unceremoniously removed from his job died in a car accident in the ...

Mr. Mistry and Mr. The reasons for Mr. [said in a statement](https://www.hindustantimes.com/india-news/tata-sons-chairman-chandrasekaran-pays-tribute-to-mistry-had-passion-for-life-101662296251796.html) that he was mourning Mr. “He had a passion for life, and it is really tragic that he passed away at such a young age,” Mr. Cyrus Mistry’s death in a car accident less than three months later adds to a grisly toll on Indian roads. His family’s business, Shapoorji Pallonji Group, built luxury hotels and factories across Asia and went on to found large financial companies. Prime Minister Narendra Modi called Mr. He was removed as chairman by the board of directors in 2016 and replaced by the previous chairman, Ratan Tata. “His passing away is a big loss to the world of commerce and industry.” The businessman, Cyrus Mistry, was traveling with three others when their Mercedes-Benz hit the railing of a bridge on a busy highway about 60 miles north of Mumbai, the capital of Maharashtra. He was 54.

Mistry died in a car crash en route from Ahmedabad to Mumbai · India has one fatal crash every four minutes, World Bank says.