It’s a girl…oops, I mean, it’s a Parsi! After the hoopla over a Bollywood star giving birth to a baby, the front pages reverberated with the earth-shaking – or is it game-changing? – news that Ratan Tata, chairman of the Tata Group, has finally found a successor. Cyrus Mistry, besides being humble, intelligent, young, mature, family man, foodie, car-lover, who plays golf, is also bloody rich. He is the son of construction magnate Pallonji Shapoorji Mistry, and already owns an 18.4 per cent share in the company he will now head.
He says he will dissociate himself from the family business to prevent a clash of interests. Socialites who love to throw their danedelion words around are applauding the brave move that does away with dynasty. Idiocy! Cyrus inherited his papa’s business; he is inheriting the chaimanship because besides being humble, intelligent…you get the drift…he also holds the largest outsider stake in the Tata pie.
And while it is sad that he may not have enough time for golf (I am not saying this; it has been quoted), he will still be the good boy who made it better. His being a Parsi is also a sort of dynastic thing considering the dwindling population. I say this because Ratan Tata had mentioned last year that his successor need not be from the community. Not just that, he also said, “In my opinion the successor should be a suitable person for the job. He need not be a pro-Parsi or anti-Parsi.”
Well, from the looks of it, Cyrus will have to walk the razor’s edge. But then, according to an insider, “Mistry is one person who can laugh at himself.” Great. I was kind of worried for this Irish citizen who will have to deal with such Indian things.
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For my take on his earlier Parsi comment, here is Tata, goodbye