Cyrus Mistry
The Tata Group has put in place a centralized platform to collaborate and tap synergies across its 100-plus group companies to boost growth and save on costs. Tata Sons, the apex investment holding company of the tea-to-telecom conglomerate, has set up “clusters” and “enablers” to leverage on group companies’ resources, strength and expertise to maximize [...] Continue Reading »
Five years after the Indian Hotels Company (IHCL) acquired the landmark Sea Rock Hotel in Mumbai’s western suburb of Bandra, its plan to redevelop the asset and integrate it with the nearby Taj Land’s End still remains on paper. The project, said chairman Cyrus Mistry at IHCL’s 113th annual shareholders’ meeting, has been delayed because [...] Continue Reading »
There is some good news for India Inc. as our home grown company Tata Group under the chairmanship of Cyrus Mistry, saw a record capital expenditure of Rs 95,634 crore on organic growth. This is the data for 2013-14 which is the first full year for Mistry as a chairman for the group and the amount [...] Continue Reading »
An annual study carried out by consulting firm Brand Finance India has revealed that the Tata Group has retained its top-ranking position as India’s most valuable brand, with a total brand value of $21 billion. Revealing that the total worth of top-100 Indian brands has now touched $92.6 billion, the study has disclosed that the [...] Continue Reading »
Tata Group chairman Cyrus Mistry and Piramal Group head Ajay Piramal are reportedly in talks to work out a partnership for the infrastructure business in India; thereby exploiting the infrastructure opportunity unfolded by the Narendra Modi government. Sources familiar with the ongoing talks between Mistry and Piramal have revealed that the two corporate biggies recently [...] Continue Reading »
After the country’s coming elections that will lead to a new wave of infrastructure development, Chairman of the Tata Group, Cyrus Mistry, is scheduling to spend at least $8 billion in building roads, airports and housing, betting a stable administration. In December 2012 after Ratan Tata’s two decades at the helm, Mistry, 45, took over [...] Continue Reading »
