Page 3 - Cyrus Mistry

Cyrus Mistry's death puts spotlight on SP Group's holding in Tata Sons

There were media reports in March this year that SP Group was taking a Rs 15,000 crore loan against its holding in Tata Sons

Union ministers, industry leaders condole death of Cyrus Mistry

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

Cyrus Mistry: A reclusive scion who fought for honour after being fired

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. A south Mumbai low-profile boy, 44-year-old Mistry family scion was already heading companies in the Shapoorji Pallonji Group when he was appointed to succeed Ratan Tata as the head of the over USD 100 billion, salt-to-software Tata group. According to reports, he was reluctant to take up the job but some persuasion, including by Ratan Tata himself, led him to accept the offer. After four years at the helm, he was replaced in a boardroom coup in October 2016, which saw Ratan Tata coming back to helm the group before the reigns were passed on to N Chandrasekhar. The might of his father Pallonji Shapoorji Mistry who was called as the 'Phantom of Bombay House' for the influence he wielded at the Tata Group headquarters, did not come in handy to help Mistry, who had begun on a wide-ranging drive to improve governance practices at the group. It ..

Cyrus Mistry: SP Group to Tata Group, and beyond - A look at his journey

Known to like golf, the late business magnate Cyrus Mistry was considered a studious backroom executive with a sharp mind

Cyrus Mistry's car lost control due to overspeeding, says police: Report

The driver of the car in which Cyrus Mistry was travelling lost control due to overspeeding and rammed into the divider, said Palghar Police sources

Focus back on road crash deaths after Cyrus Mistry's fatal accident

The fatal road accident involving former Tata Sons chairman Cyrus Mistry on Sunday once again brought into focus the high number of deaths caused in such incidents every year in the country, with government data showing a record 1.55 lakh lives were lost in 2021. Mistry, 54, was killed this afternoon after his car hit a divider in Maharashtra's Palghar district when he was travelling from Ahmedabad to Mumbai in a Mercedes car. The accident took place around 3.15 pm on a bridge over the Surya river. It seems an accident, said Palghar Superintendent of Police Balasaheb Patil. According to National Crime Records Bureau data released recently, over 1.55 lakh people were killed in road crashes across India in 2021 -- an average of 426 daily or 18 every single hour. This is the highest death figures recorded in such accidents in any calendar year so far. Besides the deaths, 3.71 lakh people were also injured in 4.03 lakh 'road accidents' across the country last year, showed the NCRB figu

Tata Sons chairman N Chandrasekaran condoles death of Cyrus Mistry

Tata Sons Chairman N Chandrasekaran on Sunday condoled the death of Cyrus Mistry, a man who, he said, had a passion for life. "I am deeply saddened by the sudden and untimely demise of Mr Cyrus Mistry. He had a passion for life and it is really tragic that he passed away at such a young age," Chandrasekaran said in a statement. He further said, "My deepest condolences and prayers for his family in these difficult times." According to police, Mistry (54) was killed on Sunday when his car hit a road divider on a bridge in Maharashtra's Palghar district neighbouring Mumbai. Mistry took over as Chairman of Tata Sons in December 2012 after Ratan Tata retired. However, in October 2016 he was ousted from the position followed by boardroom battles and a long-drawn legal battle. Chandrasekaran was designated as Chairman of Tata Sons in January 2017 and took official charge in February 2017.

Thoroughly investigate Cyrus Mistry's fatal accident: Maha govt to police

Maharashtra Deputy Chief Minister Devendra Fadnavis on Sunday said he has asked the state police to conduct a detailed investigation into the accident in which former Tata Sons chairman Cyrus Mistry was killed. Fadnavis said he was shocked and deeply pained to know about the demise of Mistry (54) in the unfortunate accident near Palghar adjoining Mumbai. "Spoke to DGP and instructed for detailed investigations," tweeted Fadnavis, who is also the state home minister. "My deepest condolences to his family, friends and colleagues," he said. Mistry was on Sunday killed after his car hit a divider in Palghar district. He was travelling from Ahmedabad to Mumbai in a Mercedes car, a police official said. The accident took place on a bridge over the Surya river, Palghar district Superintendent of Police Balasaheb Patil said.

Cyrus Mistry, ex-chairman of Tata Sons, dies in road accident near Mumbai

Untimely demise of Cyrus Mistry shocking; he was promising business leader who believed in India's economic prowess, tweets PM Modi

Towering legacy: Pallonji Mistry's business achievements span continents

The patriarch of the over 155-year-old construction empire held an 18.4 per cent stake in Tata Sons

Low-profile billionaire philanthropist Pallonji Mistry passes away at 93

Billionaire industrialist Pallonji Mistry died in Mumbai last night

SC dismisses plea to review removal of Cyrus Mistry as Tata Sons head

The genesis of the dispute can be traced to the removal of Mistry as executive chairman of Tata Sons in 2016

Ratan Tata, Tata Sons welcome SC dismissal of review petition by SP Group

Ratan Tata and Tata Sons on welcomed Supreme Court's dismissal of a plea of the Shapoorj Pallonji group seeking a review of verdict that upheld group's removal of Cyrus Mistry as Chairman of Tata Sons

SC to hear Mistry's plea to delete remarks against him in case vs Tata Sons

Supreme Court on Monday said it would hear after 10 days the plea of CIPL for expunction of certain remarks made against Cyrus Mistry in the 2021 verdict setting aside the NCLAT's order

LIVE: Britain sanctions five Russian banks, three individuals

'Any assets they hold in the UK will be frozen and the indivuals concerned will be banned from travelling here,' UK PM said of the individuals being sanctioned

Tata-Mistry case: Supreme Court to hear review plea in open court

The order to hear the review petition was passed by a three-judge Bench of Chief Justice of India NV Ramana, Justice AS Bopanna and Justice V Ramasubramanian

Tata-Mistry battle: Can debt-ridden SP Group monetise its crown jewel?

The 70-year ties between Tata Group and SP Group have gone from sweet to sour in last few years. Mistrys want to exit Tata Sons and liquidate their stake. Will they succeed? Watch this report

Tata go-ahead not needed to pledge shares, says Shapoorji Pallonji Group

Has approached foreign banks for a Rs 5,000-crore bridge loan

Guenter Butschek to step down as CEO & MD on June 30: Tata Motors

He will continue as a consultant to the company till the end of this fiscal year, the company said in an exchange filing

Slim chances of SP Group getting SC reprieve: Lawyers on review petition

The legal fracas is just posturing by SP Group to get a better valuation of its stake in the conglomerate, says a lawyer