PALLONJI MISTRY

  • India home to 70 billionaires; Mukesh Ambani richest Indian March 2, 2014

    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 in...
  • Be your own man: Tata's advice to Mistry December 14, 2012

    Mumbai: Be your own man, Ratan Tata has advised Cyrus Mistry, who will succeed him at the helm of the $100 billion Tata group two weeks from now. "I don't think it is right to have a ghost to shadow over somebody," said Tata, dismissing any notion that his largerthanlife...
  • Ratan Tata steps down as Chairman of Tata Global Beverages November 20, 2012

    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 October 25, 2012

    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...
  • Mukesh Ambani tops Hurun India rich list October 11, 2012

    New Delhi: Reliance Industries chairman Mukesh Ambani, with a personal fortune of $19.3 billion, is the richest Indian, Chinabased research firm Hurun said in a report Wednesday. Ambani is followed by ArcelorMittal chief LN Mittal, whose wealth is pegged at $16.9 billion. In terms of personal fortune, Ambani and Mittal...
  • Ratan Tata to attend his last AGM as Chairman August 31, 2012

    New Delhi: Ratan Tata will be attending his last Annual General Meeting (AGM) as Chairman of the Tata group on Friday. He will preside over the Tata Tea AGM in Kolkata. Tata is set to retire as chairman in December 2012 and 44year old Cyrus Pallonji Mistry, who is the...
  • Tata Sons: passing the baton to Cyrus Mistry December 13, 2011

    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 November 24, 2011

    Mumbai: The next chairman of India's venerable salttosoftware 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 November 24, 2011

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

    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 the...