Cyrus Mistry, a former chair of Tata Sons, perishes in a car accident
Cyrus Mistry, 54, the former head of the Indian giant Tata Sons, died in a car accident on Sunday in the financial center of Mumbai. In a boardroom takeover in 2016, Mistry was fired as chairman of Tata Sons, the parent company for the $300 billion Tata conglomerate, which produces everything from salt to software.
This sparked a protracted legal battle, in which India’s top court ultimately decided in favor of Tata Group. Mistry and three other passengers were on their way from Gujarat to Mumbai. According to a top Mumbai police source, Mistry passed away at the scene of the collision when his car collided with a divider.
Nitin Gadkari, India’s road transport minister, posted on Twitter, “Deeply grieved to read about the terrible passing of Ex-Chairman of Tata Sons, Cyrus Mistry Ji in a traffic accident near Palghar, Maharashtra.”