ru24.pro
News in English
Октябрь
2024

Battle of ethics: Why Ratan Tata led the ouster of his handpicked Tata Sons successor, Cyrus Mistry

0
Ratan Tata's appointment as the successor to JRD Tata at Tata Sons in 1991 received strong backing from Pallonji Mistry. Their relationship evolved into a personal one with Pallonji’s daughter marrying Tata's half-brother. Conflict arose when Cyrus Mistry, Pallonji’s son, was removed as chairman in 2016, leading to legal battles and eventual fractures between the families.