Battle of ethics: Why Ratan Tata led the ouster of his handpicked Tata Sons successor, Cyrus Mistry

  • Posted on October 10, 2024
  • By Business News Today
  • 3 Views
Battle of ethics: Why Ratan Tata led the ouster of his handpicked Tata Sons successor, Cyrus Mistry

Ratan Tata's appointment as the successor to JRD Tata at Tata Sons in 1991 received strong backing from Pallonji Mistry. Their relationship evolved into a personal one with Pallonjis daughter marrying Tata's half-brother. Conflict arose when Cyrus Mistry, Pallonjis son, was removed as chairman in 2016, leading to legal battles and eventual fractures between the families.
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