Mukund Rajan

Mukund Rajan, who worked closely with Cyrus Mistry, on Sunday said his former boss' death in a car accident is a huge loss for the corporate world. "He cared deeply about sustaining the values the (Tata) Group stood for, and set a great example of hard work and responsibility for every member of his team," Rajan, who was the brand custodian and member of the group executive council (GEC) under Mistry, told PTI. Rajan said Mistry, who donned the mantle of chairmanship at the age of 44 in 2012, was very young but slipped into the giant shoes of his predecessor Ratan Tata with felicity and grace. Mistry was described as an inspiring leader, and a kind and considerate human being by Rajan, who had worked under Ratan Tata. "His untimely demise is a huge loss for the corporate world, Rajan, who began an entrepreneurial journey after leaving the Tata group in 2018, said.

Mukund Rajan has joined hands with Quantum Advisors' Ajit Dayal to launch a $1-billion ESG fund

Tata Communications was another bidder for the 125,000 route kilometre fibre optic business and a board meeting had been called this week to take a call on the final bid, said another source