Pallonji Mistry

  • India home to 70 billionaires; Mukesh Ambani richest Indian 02-03-2014 10:50 PM

    India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance Industries, is the country's richest man with a personal fortune of USD 18 billion, says a report. According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st...
  • Ratan Tata steps down as Chairman of Tata Global Beverages 20-11-2012 06:34 PM

    Mumbai: Tata group chief Ratan Tata on Tuesday stepped down as Chairman of Tata Global Beverages with immediate effect, making way for successor Cyrus Mistry, who has also been inducted into the board of Indian Hotels Company. In two separate filings to the BSE, the two firms said the respective...
  • Forbes rich list: The top 10 richest in India 25-10-2012 12:42 PM

    New Delhi: Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of $ 21 billion, according to Forbes Magazine. Mukesh Ambani beats steel giant Lakshmi Mittal and Wipro head Azim Premji to top the Forbes's list. Lakshmi Mittal has attained the second spot with $16...
  • Tata Sons: passing the baton to Cyrus Mistry 13-12-2011 10:47 AM

    The passing of a crown is always a delicate affair. In 1991, when JRD Tata handed his to Ratan Naval Tata, his courtiers had rebelled. It took time for RNT to subdue the satraps and prove JRDs decision on his successor was perhaps his finest. But then JRD was always...
  • Global search for Tata chief ends close to home 24-11-2011 12:02 PM

    Mumbai: The next chairman of India's venerable salt-to-software conglomerate Tata Group will be an insider and a family member by marriage. India's biggest corporate house had mounted a global search that lasted more than a year for a successor to Chairman Ratan Tata, but ended up tapping Cyrus Mistry, whose...
  • Tata watchers give thumbs up to Cyrus Mistry 24-11-2011 06:10 AM

    Mumbai: Former Tata Steel MD JJ Irani has praised Tata Sons Chairman Ratan Tata's surprise decision to appoint 43-year-old Director of Tata Sons and Tata Elxsi (India) Cyrus Mistry as his successor. This is the second time that the group will have a non-Tata at the helm of affairs in...
  • The highs and lows of the richest Indians 15-11-2011 10:51 AM

    Reflecting the global turmoil, the fortunes of a majority of the richest Indians fell this year. Even then, 15 individuals managed to break into his exclusive club. Oh, the ways of wealth! After two years of unprecedented richness, the 100 richest people in India have turned poorer in 2011. With...