Ratan Naval Tata retires today, new frontiers await Cyrus

December 28, 2012 12:04

On the face of it, there is a lot that differentiate the incumbent from the successor - Ratan Naval Tata and Cyrus Mistry. Tata was 54 in 1991 when he took the mantle at Bombay House, the headquarters of the the salt-to-software Tata group. At 44, Mistry is a lot younger.

Ratan Tata already had a job offer from IBM back in 1964, which he refused at the behest of a certain Jehangir Ratanji Dadabhoy (JRD) Tata to enter the House of Tata for a long and fruitful career.

Mistry joined the board of Shapoorji Pallonji & Co - a firm that his grandfather founded - as director in 1991, the same year Tata took over as chairman of Tata Sons. Three years later he was appointed managing director of the Shapoorji Pallonji Group. Read more

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