Cyrus Pallonji Mistry, 43, currently the Deputy Chairman of Tata Sons has been a director of Tata Sons since 2006.
Let's take a look at 30 companies named after people.
"A reclusive construction tycoon" is how an industry captain, who claims to be his friend, describes Cyrus. In that sense, he has striking similarities to the man he is succeeding and who he admires the most. Even after so many years of staying in the limelight, Tata also remains low-key and shy.
India's leading businessmen attended the grand banquet organised to honour US President Barack Obama at the Rashtrapati Bhavan.
'He wanted to learn all the time.'
The NCLAT, in its December 18, 2019 order, had restrained the company, its board of directors and shareholders from exercising the power under the article against minority members except in exceptional circumstances and in the interest of company. A bench headed by Chief Justice S A Bobde dealt with this issue in its 282-page verdict which set aside the NCLAT's order that had restored Cyrus Mistry as the executive chairman of the USD 100 billion salt-to-software conglomerate.
The Supreme Court in its order said it was not open for SP group companies to call Ratan Tata a "shadow director" when the board of which Cyrus Mistry was chairman had nominated him as chairman emeritus of the USD 100 billion salt-to-software Tata group.
Others in the top 10 include Uday Kotak at the 6th place with a wealth of Rs 94,100 crore, Cyrus S Poonawalla at 7th position with Rs 88,800 crore assets, Cyrus Pallonji Mistry at 8th spot with a wealth of Rs 76,800 crore, Shapoor Pallonji at 9th position with a net worth of Rs 76,800 crore and Dilip Shanghvi at 10th slot with Rs 71,500-crore wealth.
Of the six chairmen that Tata group has had in its 148 years, the longest serving was Jehangir Ratanji Dadabhoy
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
Cyrus Mistry undertook quite a few significant initiatives at the Tata Group in the past two years.
'Cyrus was always very different. He would think before acting.'
Mistry is not the first Tata bigwig to be ousted and Tata is not the only big name which saw a doyen or two leave
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.