World's Richest Families 2024: The Walmart Waltons top the list with $406.5 billion; India's Ambanis and Mistrys of Shapoorji Pallonji rank 8th and 23rd. Here is the top five list
Ratan Tata's 'no comments' was more 'thunderous' than any statement when asked if he shared the apprehensions of some Tata group veterans who felt that Cyrus Mistry was trying to break up the conglomerate, according to the author of biography of the late industrialist, Thomas Mathew. Tata had fully supported late Mistry as his successor in 2012, despite having second thoughts over the suitability of the latter at the end of the first year of 'parallel running' as Chairman designate and his replacement as Chairman of Tata Sons in 2016 was due to "an ethical and a moral issue", coupled with performance issue, Mathew told PTI Video in an interview. In the biography 'Ratan Tata A Life', some Tata group veterans have been quoted airing their apprehensions about Mistry trying to break up the salt-to-software conglomerate based on his style of functioning as the Chairman and the past record of the Shaprooji Pallonji (SP) Group's acquisition of shares in Tata Sons. "There are two schools of
Relations between Tata Sons and Shapoorji Pallonji Group have been strained since 2016, following the ousting of Cyrus Mistry
With new leaders like Noel Tata and Shapoor Mistry emerging, old-timers say the families could reassess their relationship
Here's a look at the complicated relationship between the Mistry family and Tata Group that spanned generations
Tata Group companies pay a brand subscription fee for the privilege of using the 'Tata' name. Here is how much they will need to pay now
In September 2022, the road ministry said that six airbags will be mandatory for cars in India from October
The billionaire Mistry family's estate is likely to soon change hands
Pandole was driving the car that met with a fatal accident killing former Tata Sons chairman Cyrus Mistry
Take a look at some famous faces that will no longer be with us at the end of 2022
Gynaecologist Dr Anahita Pandole, who was booked on the charge of rash driving that resulted into the death of industrialist Cyrus Mistry, has a history of traffic rules violation and was issued challans for over-speeding on several occasions since 2020, a police official said on Thursday. The police in Palghar district of Maharashtra, who are investigating the Mistry car accident case, have found this during their investigation. Former Tata Sons chairman Mistry (54) and his friend Jehangir Pandole were killed after the Mercedes-Benz car hit the railing of the Surya river bridge in Palghar district on September 4 this year. Dr Anahita, who was at the wheel, and her husband Darius suffered serious injuries in the accident. All of them were returning to Mumbai from Ahmedabad. The police official said that during the probe, it was found that the car was involved in violation of various traffic-related norms in the past. "There were at least seven instances in which Dr Anahita was foun
Both firms own 18.4% stake in Tata Sons
Two months after former Tata Sons chairman Cyrus Mistry died in a car accident, police in Maharashtra's Palghar district on Saturday registered a case against Dr Anahita Pandole for alleged rash driving. A case under Indian Penal Code sections 304(A) (causing death by rash and negligent act), 279 (rash driving on a public road), 337 (causing death by act endangering life and personal safety of others) besides the Motor Vehicles Act at Kasa police station, officials said. Mistry (54) and his friend Jahangir Pandole died in a car crash on a bridge on the Surya river on the Mumbai-Ahmedabad highway in Palghar district adjoining Mumbai on September 4, 2022. They were riding in the back seat of the Mercedes car. Anahita Pandole, a Mumbai gynaecologist who was driving the car, and her husband Darius Pandole who was sitting next to her, were seriously injured. During the investigation, witnesses were questioned and reports were obtained from the Regional Transport Office and Mercedes Ben
Darius Pandole, who survived the car accident in which industrialist Cyrus Mistry died, told the police that his wife Dr Anahita who was driving the Mercedes-Benz car, could not merge the vehicle into the second lane from the third lane of the road that turned narrow near the Surya river bridge in Maharashtra's Palghar, an official said. The statement of Darius Pandole (60) was recorded on Tuesday by the officials of the Kasa police station in Palghar, under whose jurisdiction the accident took place on September 4. Former Tata Sons chairman Mistry (54) and his friend Jahangir Pandole were killed after the car hit the railing of the bridge. Gynaecologist Dr Anahita (55), who was at the wheel, and her husband Darius suffered serious injuries. Darius Pandole, who was admitted to a hospital in Mumbai, was discharged last week. He underwent a surgery on his forearm and a 'maxo facial' surgery. He was also battling infection due to the severity of his injuries. "His statement was record
According to the provisions of the Motor Vehicles (Amendment) Act, whosoever drives a motor vehicle without wearing a safety belt or carries passengers not wearing seat belts shall be punished
The government has been considering enforcing the use of rear seatbelts after Cyrus Mistry, the former chairman of Indian conglomerate Tata Sons, died in a car crash recently
According to the NCRB report, in 2021, 155,000 people died in accidents on Indian roads. The number was up from 133,000 in 2020. Total accidents reported also rose to 403,000 in 2021, up from 354,000
After Cyrus Mistry's death, road minister Nitin Gadkari told Business Standard that the ministry will soon tighten the noose around the travellers who do not wear a rear seat belt
Luxury carmaker Mercedes-Benz has submitted its interim report on the fatal accident of industrialist Cyrus Mistry to the Palghar police, which mentions that the brakes of the vehicle were applied five seconds before it crashed into the road divider, a senior official said on Friday. He also said that a team of experts from Mercedes-Benz is scheduled to visit Mumbai on Monday from Hong Kong to carry out an inspection of the car. Meanwhile, the German automaker said in a statement that it was cooperating with the authorities in the investigation of the car crash and will share the findings only with them as it respects customer privacy and confidentiality. Mistry (54) and his friend Jahangir Pandole were killed on Sunday afternoon when their Mercedes car hit a road divider in Palghar district. Two other car occupants, Anahita Pandole (55), who was at the wheel, and her husband Darius Pandole (60) suffered injuries and were admitted to a private hospital in Mumbai. The accident occur
Luxury carmaker Mercedes-Benz has submitted its interim report on the fatal accident of industrialist Cyrus Mistry to the Palghar police, which mentions that the brakes of the vehicle were pressed five seconds before it crashed into the road divider, a senior official said on Friday. He also said that a team of experts from Mercedes-Benz is scheduled to visit Mumbai on Monday from Hong Kong to carry out an inspection of the car. Mistry (54) and his friend Jahangir Pandole were killed on Sunday afternoon when their Mercedes car hit a road divider in Palghar district. Two other car occupants, Anahita Pandole (55), who was at the wheel, and her husband Darius Pandole (60) suffered injuries and were admitted to a private hospital in Mumbai. The accident had occurred on the Surya river bridge when they were on their way to Mumbai from Gujarat. "Mercedes-Benz has submitted its interim report to the police. It says that the car was running at a speed of 100 kmph a few seconds before the .