The former chairman of the Indian Tata Group died in a car accident, and Modi mourned: a major loss of industry and commerce

[Global Times, a reporter from Pakistan, Cheng Yijun Global Times reporter, Ding Yazheng] The former chairman of the Indian Tata Group, Syles Mistery, was killed in a traffic accident on the afternoon of the 4th at the age of 54. According to the "India Express" report, on the same day, on the way to Mumbai, Cyrus's car hit a quarantine belt, including two rear passengers, including him, died on the spot. The Indian entrepreneur has been involved in multiple fields and has created many legends in commercial, industry, agriculture and other industries. The British "Economist" magazine calls him "the most important industrialist in India". After the news of the death of Selles, many Indian dignitaries and well -known entrepreneurs have published their condolences through social media.

Born in a rich home

Selles was born in a rich family, and his father was the famous architectural tycoon Palonji Mistery. Since the grandfather's grandfather, the Mestri family has continuously acquired the shares of Tata's subsidiaries from members of the Tata family and other shareholders. The Mestri family and the Tata family are getting closer and closer, and Selles's sister also marrys the younger brother of the Tatta family. Before joining the Tata Group, Selles worked as his father's Sapton Palonji Group. Under his leadership, the group's construction business developed rapidly. The company has developed from a simple construction business to the general contracting and delivery project, and has undertaken a number of large projects in the ocean, oil and natural gas and railway departments.

The picture intercepts from the Indian New Delhi TV (NDTV) News Network

The Cylus accident was widely concerned, mainly due to his grievances with the Tata family. Tata Group is the largest family private company in India. It has a wide range of scope. Its company covers automobiles, steel, chemical industry, communications, hotels, retail, aviation, etc., and acquired world -renowned car brands including Jaguar and Land Rover. Among them, the son of Tata, who was the chairman of the chairman, was the core part of the Tata Group, and it was also the main investment holding company. On November 23, 2011, the descendants of the founder of the Tata Group and the member of the Tata family Latan Tata as the chairman, becoming the group's second leader of Tata for more than 150 years.

Tear your face with Tata Group

The achievements made by Sales in the Shargi Palonji Group and Tatta's subsidiaries have been recognized by the industry. The relationship between the tower group turned sharply. As soon as the group entered the group, the Group Executive Committee was established to formulate a strategy for the group. According to the "Commercial Business Today" website, Mistri hired Madu, CEO of the former Mumbai Stock Exchange, to provide him with suggestions to him. But some of his decisions aroused controversy within the company and angrily angrily. It is reported that Tata's performance for Selles is not very satisfied: he has been in this position for many years, but the group's dividend income is still declining; The company and Tata Motor Company have not made any progress.

According to the British "Financial Times" report, in 2016, Tata Group suddenly issued a statement announced that the post of chairman of Selles was announced, and former chairman Latan Tata was reinstated as an interim chairman. This sudden coach has triggered the two most famous corporate families in India for several years of court and power disputes.

However, the board of directors just let the chairman's post, and Selles still holds the shares of more than a dozen subsidiaries under Tata Group. It is not easy to kick him out of the game. Subsequently, Selles said in a 5 -page e -mail that the son of Tata was not gone, and exposed many issues such as the risk assessment and decision -making errors of Tata's subsidiaries. In the public email publication of New Delhi TV, Selles also complained that since his son of Tata, the board of directors has not given him "room to play", and Latan Tata has been "listening to politics" and intervening in the operation of the group. The exposure of this email has led to a comprehensive decline in the stocks of many companies under Tata Group, and Indian society is uproar.

Since then, Selles has repeatedly appealed, insisting that Tata Group's firing his approach does not meet the company's internal management process and violate the contract requirements. In 2019, the National Corporation Appeal Court judged to support the claims of Selles, but in 2021, the Indian Supreme Court ruled that the practice of the son of Tata met the legal requirements and judged the decision of the son of Tata to fires on Selles.

People from all walks of life issued a compliment

After the farce, Selles returned to his base camp, Shafflegi Palonji Group. According to the India Express, his return was brought a turnaround to the Crown Sapts Palonji Group, which was in crisis.

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