Modern Business India
Modern Business India

cyrus mistry: PM Modi condoles Cyrus Mistry’s death, says big loss to world of commerce and industry

By Petra Löwer on September 4, 2022

[ad_1]

Prime Minister Narendra Modi on Sunday condoled the demise of former Tata Sons chairman Cyrus Mistry and said his passing away is a big loss to the world of commerce and industry.

Mistry, 54, was killed in a road accident on Sunday after his car hit a divider in Maharashtra‘s Palghar district, a senior police officer said.

“The untimely demise of Shri Cyrus Mistry is shocking. He was a promising business leader who believed in India‘s economic prowess,” Modi said in a tweet.

“His passing away is a big loss to the world of commerce and industry. Condolences to his family and friends. May his soul rest in peace,” the prime minister said.

Cyrus Mistry dies in accident: All you need to know about former Chairman of Tata Sons

The tragic end

Former Chairman of Tata Sons Cyrus Mistry was killed in a car accident in Maharashtra’s Palghar today. Mistry was travelling from Ahmedabad to Mumbai in a Mercedes car. The accident took place at 3.15 pm after his car hit a divider. Four people were present in the car; two died on spot and two were moved to hospital.

​Son of late Pallonji Mistry

Cyrus Mistry was the younger son of late Pallonji Mistry, head of the Shapoorji Pallonji Group, a diversified conglomerate which had begun as a construction company started by Pallonji Mistry’s grandfather in the 19th century.

Ratan Tata’s first choice

Mistry replaced Ratan Tata as executive chairman after he stepped down on turning 75 in 2012. He was the sixth Chairman of Tata Sons.

​Non-Indian to lead Tata Group

Cyrus Mistry was the first non-Indian to lead Tata Group, as he held an Irish passport.

Unceremonial exit

However, his tenure as Tata Group chairman ended abruptly in 2016 amid differences between him and Tata family over running the conglomerate.

(With inputs from PTI)



[ad_2]

Source link

commercecyrus mistrydeathIndiaINDUSTRYMaharashtraModinarendra modishri cyrus mistrytata sons
Related Posts

India Showcases Its Tooling Power To The World At DMI 2026

8 Years of Innovation: BingX Launches $10M Global Celebration Drive

Bandera Scales New Markets with Its Global Vision and Local Focus

BMB Leads with Smart, Efficient Injection Molding Solutions

Enlight Metals Expands Into Chemicals Sector With New Subsidiary, Enlight Tradehub Pvt. Ltd.

Leading Zinc Plated Chain Manufacturers in India Setting New Standards in Quality and Durability

Second Chance Ceramics: A Paint & Sip Experience Celebrating Creativity And Sustainability In Venice
Comments (0)
Add Comment