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Tata vs Mistry : the battle for India's greatest business empire / Deepali Gupta

By: Material type: TextTextSeries: The Inside StoryPublication details: India Juggernaut 2019Description: 248 pISBN:
  • 9789353450397
Subject(s): DDC classification:
  • 338.092 GUP-D
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Item type Current library Collection Shelving location Call number Status Date due Barcode Item holds
Books Books BITS Pilani Hyderabad 330 General Stack (For lending) 338.092 GUP-D (Browse shelf(Opens below)) Available 39263
Total holds: 0

In December 2012, Ratan Tata, the legendary chairman of Tata Sons, the holding company that oversees the vast and sprawling Tata empire, retired at the age of seventy-five. After two decades at the helm he passed on the baton to young Cyrus Mistry, the scion of the Shapoorji Pallonji Group, the construction conglomerate instrumental in shaping the skyline of Mumbai. The Mistrys, who like the Tatas belong to the close-knit Parsi community, own 18 per cent of Tata Sons, second only to the charitable Tata Trusts.

But in October 2016, Cyrus Mistry was sacked by the board of Tata Sons during a dramatic meeting at which his one-time mentor Ratan Tata was also present. Something had gone terribly wrong between the two.

Based on extensive interviews and email correspondences of the key players, minutes of meetings and court records, this book by financial journalist Deepali Gupta reconstructs the events that led to and followed Mistry's removal. In the process, Gupta takes us behind the facade of the iconic Tata Sons and its intertwined history with the construction tycoons of the Mistry family. This is the sensational story of a battle that engulfed one of India's most beloved and philanthropic business houses, with a cast of characters that spans the biggest names of corporate India.

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