Culture, family triumph in Tata's quest for successor
November 25, 2011  17:58

On Reuters: Culture and continuity have prevailed in the Tata Group's search for a new chairman to head India's biggest business house. In hindsight, the sprawling conglomerate's flirtation with bringing in an outsider appears to have been only that.

Read more on the Cyrus Mistry story.

Incidentally, Shapoorji Mistry, his father, has shares worth Rs 117 crore in Tata Sons. In fact, the 27 members that comprise the board of directors at Tata Sons are primarily members of the Tata family, trusts and companies in the group.

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