Sunday, 23 December 2012

Road ahead for Cyrus Mistry and Tata empire

Cyrus Mistry, who takes over the reins of Tata group from Ratan Tata can surely hit the ground running. For, Ratan Tata is passing on to Mistry a group much bigger, more profitable, more diversified and financially stronger than what he inherited from his uncle, JRD Tata, in 1991.
Mistry will be chairman when Tata Sons is firmly in control, with a shareholding of well above 30 per cent in all group companies. He inherits a group 51 times larger in terms of revenues and profits than Tata did in

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