Former Tata Sands chairman Cyrus Mistry dies in car crash

Mistry, 54, was one of two people killed when the car he was riding in hit an obstacle between two lanes, according to Maharashtra State Police Officer Shrikanth Shinde.

Two other people in the car were injured and taken to hospital, he added.

An autopsy of the two deceased will be conducted at a hospital in Mumbai, said U Pradeep Dhodhi, a medical officer in Palgarh district.

Mr. Mistry is best known as the former Chairman of Tata Sands, the giant Indian conglomerate that owns Jaguar, Land Rover and Taj Hotels.

Mistry was best known as the former Chairman of Tata Sandsa giant Indian conglomerate that owns Jaguar, Land Rover and Taj Hotels.
The Irish-Indian businessman made headlines in 2011. announced as He is the successor chosen by Mr. Tada, and the first person not directly related to the Tada family to lead a company with the same name.

Mistry’s family was a major stakeholder in the Mumbai-based conglomerate.

In 2016, Mistry exchanged A sudden corporate restructuring saw former Chairman Ratan Tata come out of retirement to temporarily lead the company. Created by Mistry Auster bitter public feud Between the former Chairman and the Board of Directors of the Group.
Prior to joining Tata, Mistry was best known as the son of Indian construction billionaire Palongi Mistry. the head of Shapoorji Pallonji Group is a leading construction company known for its construction. skyscrapers and stadiums all over India.

Tata Sands Chairman Natarajan Chandrasekaran said in a statement shared with CNN Business on Monday, “We are deeply saddened by the sudden and untimely passing of Mr Cyrus Mistry.

“He had a passion for life and it is truly tragic that he passed away so young. My heartfelt condolences and prayers go out to his family during this difficult time.”

Other business and government leaders were also shocked over the weekend, taking to social media to express their condolences.

Indian Prime Minister Narendra Modi said: “The untimely death of Shri Cyrus Mistry is shocking. He was a promising business leader and believed in India’s economic strength.” murmured“His death is a great loss to the world of commerce and industry.”

Gautam Adani, the country’s richest man, also said he was “shocked and saddened to hear the news”.

“One of the best gentlemen I know and he was one of the best business minds of his generation. It’s a tragic loss. He was dismissed too soon,” he said. said. wrote on twitter.My thoughts and prayers are with his family. ”

Rishi Iyengar contributed to this report.



Source: www.cnn.com

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