Cyrus Mistry, former Chairman of Tata Sons and Head of Tata Motors dies in tragic car accident
Cyrus Mistry, former Chairman of Tata Sons, and Head of Tata Motors died in a tragic car accident today at around 3.15 pm near Palghar, 135kms from Mumbai. He was on his way back from Ahmedabad with three others when the car hit a divider of the bridge over the Surya river and caused the accident which took his life and another associate's.
Two others present in the car have been hospitalised with serious injuries. The Mercedes Benz has been completely destroyed from the front with all airbags deployed in the interior, and the car's condition is enough to imagine the atrocious aftermath of the accident. With the entire Business sector mourning a torchbearer's demise, Prime Minister Narendra Modi has also expressed his feelings about this huge loss in the world of commerce and industry. The immediate police investigation shows it to be a case of overspeeding and losing control resulting in an accident.
Cyrus Mistry was the younger son of Lt Pallonji Mistry who was the owner of the Shapoorji Pallonji group and the biggest stakeholder in Tata Group. He was the managing director of the construction giant Shapoorji Pallonji group before he was the chairman of Tata Group for the years 2012-2016 after which he was removed from the position in a dramatic ouster. His demise is a dark day for the business world all across the nation.
Words by Anirjit Hore