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Sunday, September 4, 2022

Cyrus Mistry, Ex Tata Sons Chairman, Dies In Accident Close to Mumbai

Cyrus Mistry, Ex Tata Sons Chairman, Dies In Accident Close to Mumbai [ad_1]

Cyrus Mistry, who succeeded Ratan Tata as chairman of the Tata Sons however was later ousted in India's most high-profile boardroom coup, was killed in a automobile accident in Maharashtra's Palghar on Sunday, mentioned police. He was 54.

Mr Mistry was travelling from Ahmedabad to Mumbai in a Mercedes automobile, it added.

Photos from the accident web site confirmed the mangled stays of the silver Mercedes automobile. The accident occurred when the automobile hit the street divider at Charoti space of Palghar, 135 km from Mumbai.

"The accident happened round 3.15 pm, when Mistry was travelling to Mumbai from Ahmedabad. The accident happened on a bridge over the Surya river. It appears an accident," mentioned Palghar district superintendent of police, Balasaheb Patil.

Two different individuals travelling with him, together with the automobile driver, had been injured. All of the injured individuals have been shifted to a hospital in Gujarat.

Prime Minister Narendra Modi led the nation in mourning the lack of the enterprise tycoon, calling it a "large loss" to the world of commerce and trade.

"The premature demise of Shri Cyrus Mistry is surprising. He was a promising enterprise chief who believed in India's financial prowess. His passing away is a giant loss to the world of commerce and trade. Condolences to his household and mates. Might his soul relaxation in peace," PM Modi tweeted.

Union Minister of Commerce Piyush Goyal tweeted his condolences, terming him Indian trade's "shining star".

Union Minister for Girls Improvement Smriti Irani mentioned Mr Mistry "epitomised kindness".

RPG Enterprises Chairman Harsh Goenka remembered Mr Mistry as "a good friend, gentleman, a person of substance".

Industrialist Anand Mahindra mentioned it was "arduous to digest" the information of Mr Mistry's dying.

"I received to know Cyrus nicely throughout his all-too-brief tenure as the top of the Home of Tata. I used to be satisfied he was destined for greatness. If life had different plans for him, so be it, however life itself mustn't have been snatched away from him. Om Shanti," mentioned Mr Mahindra.

Veteran chief and Nationalist Congress Get together chief Sharad Pawar referred to as Mr Mistry a "dynamic and good entrepreneur".

"Deeply saddened to listen to in regards to the surprising information of the premature demise of the previous Tata Sons Chairman Cyrus Mistry. He was a dynamic and good entrepreneur. We misplaced one of many brightest star of Company World," mentioned Mr Pawar.

Supriya Sule, Sharad Pawar's daughter, mentioned she was devastated.

"Gone too quickly", tweeted Sena's Priyanka Chaturvedi.

Mr Mistry, who was the sixth chairman of Tata Sons, was ousted from the place in October 2016. He had taken over because the chairman in December 2012 after Ratan Tata introduced his retirement.


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