Less than three months after the death of billionaire Pallonji Mistry in June at the age of 93, his younger son Cyrus Mistry, 54, former chairman of Tata ...
[Anand Mahindra](https://www.forbes.com/profile/anand-mahindra/?sh=138e287d74d0) said in a [tweet](https://twitter.com/anandmahindra/status/1566390024933093376) that he had “got to know Cyrus well during his all-too brief tenure as the head of the House of Tata. Until his death, patriarch Pallonji Mistry, who had a net worth of $15 billion, held an 18.4% stake in the sprawling conglomerate, and Cyrus and his older brother Shapoor are the likely inheritors of that prized holding. But in March 2021, the Supreme Court ruled that the dismissal was fair and set aside a National Company Law Appellate Tribunal order of 2019 to reinstate Cyrus Mistry as executive chairman. I was convinced that he was destined for greatness.” Metals and mining tycoon [Anil Agarwal](https://www.forbes.com/profile/anil-agarwal/) tweeted that “corporate India lost a promising son” while RPG Group chairman [Harsh Goenka](https://www.forbes.com/profile/harsh-goenka/?sh=11fb14198ffd) tweeted that “he was a friend, a gentleman, a man of substance. His passing away is a big loss to the world of commerce and industry.” Mistry and another person died on the spot while the other two suffered serious injuries after the car crashed into a divider in Palghar district in the western state of Maharashtra.
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. Their Shapoorji Pallonji ...
The car Mistry was in hit a divider on a bridge in Palghar at about 2:30 p.m. Sunday, local police confirmed. Cyrus Mistry, scion of one of India’s most illustrious business families and who also formerly headed the nation’s biggest business group, died in a road accident near Mumbai.
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.
India's prime minister Narendra Modi has led tributes to one of the country's most prominent businessmen, tweeting that his 'passing away is a big loss to ...
Several prominent politicians and industrialists tweeted their condolences after news of the 54-year-old’s passing was reported including Tata Sons chairman N. The siblings, who along with their two sisters became automatic Irish citizens by virtue of their Dublin-born mother Patsy Perin Dubash, set up venture capital firm Mistry Ventures LLP in 2018. But he was publicly ousted just four years later following criticism of his performance.
Mistry was ousted as chairman of Tata Sons in an infamous boardroom coup in October 2016.
He was amongst the brightest business minds of the country, who made a significant contribution to India’s growth story,” wrote opposition leader Rahul Gandhi. [Terms of use,](https://www.independent.co.uk/service/user-policies-a6184151.html) [Cookie policy](https://www.independent.co.uk/service/cookie-policy-a6184186.html) and [Privacy notice.](https://www.independent.co.uk/service/privacy-policy-a6184181.html) Prime Minister Narendra Modi wrote: “The untimely demise of Shri Cyrus Mistry is shocking. [Privacy policy](https://policies.google.com/privacy?hl=en) and [Terms of service](https://policies.google.com/terms?hl=en) apply. The first non-Tata chairperson of the group was ousted after four years on the job following a major controversy. “The accident took place around 3.15pm, when Mistry was travelling to Mumbai from Ahmedabad. The accident took place on a bridge over the Surya river. His passing away is a big loss to the world of commerce and industry.” The issue reached India’s Supreme court after a petition was filed by Mistry against Tata Sons and Mr Tata, alleging that his sacking as the Chairman of Tata Group was “illegal”. Mistry was ousted as chairman of Tata Sons in a boardroom coup in October 2016 after the company criticised his performance. [Ratan Tata](/asia/india/ratan-tata-nano-car-taj-mumbai-b2082709.html) — as the chairman of the most vaunted industrial group. [India](/topic/india)’s biggest [conglomerates](/topic/conglomerates) [ Tata](/topic/tata) Sons, who was ousted in a high-profile boardroom coup, died on Sunday in a car crash.
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.
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.
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)
PINAKI MAJUMDAR. Jamshedpur, Sept 5: The news of Cyrus Mistry's tragic death in a road mishap on Sunday came as a big shock for Jamshedpur where he had ...
He married Rohiqa Chagla, daughter of Iqbal Chagla, one of India’s most prominent lawyers. He had addressed the members of the trade body,” recalled a senior functionary of SCCI. [Lagatar ](https://lagatar24.com)Android App .
Mistry died in a car crash en route from Ahmedabad to Mumbai · India has one fatal crash every four minutes, World Bank says.
Cyrus Mistry confidante Nirmalya Kumar reminiscences about his days with his “ex-boss”; calls the former Tata Sons chairman “brilliant, humble, honest, ...
While at Tata Sons, Kumar was part of the so-called core group executive council or GEC that was formed by Mistry. “Only last month we sat for an hour on a park bench at the Mayfair church in London which he used as his “office” there. He valued a good debate to reach the truth. [Cyrus Mistry death: Jehangir Pandole, the co-passenger who got killed, was a KPMG director](https://www.businesstoday.in/latest/corporate/story/cyrus-mistry-death-who-is-jehangir-pandole-who-died-in-the-car-crash-with-the-former-tata-sons-chairman-346381-2022-09-05) And those who were in meetings with us know - allowed me to disagree with him publicly in front of others - which no other promoter would have. Nirmalya Kumar, who was roped in by Cyrus Mistry during his time at the helm of Tata Sons in 2013, said that his former boss was a brilliant person who added value in every meeting and was always open to a good debate.
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.
BENGALURU -- The death in a road accident of Cyrus Mistry, the 54-year-old former chairman of Indian salt-to-software conglomerate Tata Sons, has draw.