PM Modi condoles Cyrus Mistry's death, says big loss to world of commerce and industry

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...

Cyrus Mistry: A young leader corporate India lost too early
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
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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.

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 3.1..
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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.

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

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

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

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

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

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

Cyrus Mistry had challenged his removal, accusing the board of mismanagement and of oppressing minority shareholders. In 2018, the National Company Law Tribunal rejected his petition, but that decision was overturned by the National Company Law Appellate Tribunal in 2019. However, in 2021, the Supreme Court had upheld Mistry's dismissal.

Cyrus Mistry had challenged his removal, accusing the board of mismanagement and of oppressing minority shareholders. In 2018, the National Company Law Tribunal rejected his petition, but that decisi..
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Mistry was the managing director of Shapoorji Pallonji Group before his appointment as chairman designate of Tata Sons. He joined the Shapoorji Pallonji Group in 1991 as a director.

Mistry was the managing director of Shapoorji Pallonji Group before his appointment as chairman designate of Tata Sons. He joined the Shapoorji Pallonji Group in 1991 as a director.

Born on July 4, 1968, Mistry completed his graduation in civil engineering from the Imperial College of Science, Technology and Medicine, London. He also held a Master's degree in management from the London Business School.

Born on July 4, 1968, Mistry completed his graduation in civil engineering from the Imperial College of Science, Technology and Medicine, London. He also held a Master's degree in management from the..
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(With inputs from PTI)
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