Business

What Cyrus Mistry inherits from Ratan Tata

IANS | Posted on Dec 28, 2012 at 10:19am IST

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Mumbai: Here's what Cyrus Mistry inherits from Ratan Tata as the new chairman of India's largest industrial house, Tata Sons:

Headquarters: Bombay House in downtown Mumbai

Operations: In more than 80 countries across six continents with exports to 85 countries

What Cyrus Mistry inherits from Ratan Tata

Marking a generational change, Ratan Tata, who turns 75 on Friday, will hand over the reins of the group to 44-year-old Cyrus Mistry.

Areas of business: Seven core areas - information systems & communications, engineering, materials, services, energy, chemicals and consumer products

Group turnover: Rs 475,721 crore or $100.09 billion

Turnover profile: 58 per cent of revenues from overseas

Market operations: 32 companies publicly listed with a combined market capitalisation of about $88.82 billion

Shareholder base: 3.8 million

Top companies: Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels

Foreign brands: Corus, Jaguar, Land Rover, Tetley, heavy vehicles unit of Daewoo Motors

Number of employees: Over 450,000

Foundation: Set up in 1868 by Jamsetji Nusserwanji Tata

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Ratan Tata

Posted on Mar 10, 2013 at 02:05AM IST
Ratan Naval Tata was born on December 28, 1937, in Surat. He is the present Chairman of the Tata Group, India`s largest conglomerate founded by Jamshedji Tata and consolidated and expanded by later generations of his family. Tata was born int ...

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Cyrus Pallonji Mistry is the younger son of Irish businessman, Pallonji Mistry. He has been appointed deputy chairman and chairman-designate of Tata Sons. Mistry will work with Ratan Tata for one year and take over in December 2012. Mistry gr ...

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