Cyrus Mistry, ex-head of Tata dies in a car-crash

Renowned industrialist Cyrus Mistry succumbed to injuries after a car crash on Sunday. Mistry was a South Mumbai boy and belonged to the Mistry faCyrus Mistry, ex-head of Tata dies in a car-crash.mily and was heading companies sin the Shapoorji Pallonji Group. His father Pallonji Mistry was hailed as the ‘Phantom of Bombay house’ for the control he had at the Tata Group headquarters. Then he was appointed to Succeed the iconic Ratan Tata as the head of the over USD 100 billion worth Tata group in 2012. Some sources suggest that, Mistry took up that responsibility reluctantly and after persuasion from none other than Ratan Tata himself. To appoint someone as young as him to head a corporation as big as the Tata was seen as a bold move by the public. However only after 4 years, Mistry was replaced by a boardroom coup, and Ratan Tata was reappointed to the helm of the group before it was eventually took over by N Chandrasshekhar.