Tata Sons appoints Cyrus Mistry as it Chairman

Cyrus P Mistry will be the Chairman of Tata Sons from December 28 following retirement of Ratan N Tata.

• Ratan Tata will be conferred with the honorary title of Chairman Emeritus.
  Mistry has also been appointed as the Chairman of Tata Steel and Tata Chemicals.

Tata Sons is the promoter of the major operating Tata companies and holds significant shareholdings in these firms. About 66% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family.

Month: Current Affairs - December, 2012