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Ratan Tata Anoints Billionaire Pallonji Mistry's Son Cyrus, As Successor

India’s most-awaited corporate succession concluded today when the board of Tata Sons, the holding company of the $73 billion (revenues) Tata conglomerate elevated director Cyrus Mistry to the post of deputy chairman. He will take over as chairman from current incumbent Ratan Tata when he retires in December 2012 after working for five decades in the group


http://www.forbes.com/sites/naazneenkarmali/2011/11/23/ratan-tata-anoints-billionaire-pallonji-mistrys-son-cyrus-as-successor/
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