nti.media
Rahul Gandhi likely to contest from Wayanad in Kerala - Times of India      |       Election Tracker LIVE: Congress Releases List of 38 Candidates, Haryana Superstar Sapna Chaudhary Joins Party - News18      |       Lok Sabha elections 2019: NDA announces candidates for 39 out of 40 seats in Bihar - Hindustan Times      |       BJP fielding Ravi Shankar Prasad from Patna Sahib not Shatrughan Sinha - The Indian Express      |       Elections 2019: Why Regional Parties May Hold the Key to Victory - The Wire      |       IT Dept Dismisses 'Yeddyurappa Diary' as 'Forgery Document', Says It's a Set of Loose Papers - News18      |       Actor Ambareesh's Wife Sumalatha Gets BJP Backing In Karnataka's Mandya - NDTV News      |       Shah accuses Cong of insulting soldiers' martyrdom, says only BJP can ensure country's security - Times of India      |       Britain's Had 3 Years to Do Brexit. Another 3 Weeks Won't Help - News18      |       Washington On Edge For Rober Mueller's Findings On Trump-Russia Probe - NDTV News      |       Does Islamic State still pose a threat? - Islamic State still a threat? - Economic Times      |       Italy becomes first G7 nation to sign China’s OBOR plan - Times of India      |       Why Jet Airways is under pressure? - The Hindu      |       Not Breaching US Sanctions Against Venezuela: Reliance Industries - NDTV News      |       Day Trading Guide for March 22 - The Hindu BusinessLine      |       Netflix might introduce a cheaper mobile-only subscription plan in India - The Indian Express      |       5 essential accessories every iPhone and Android user should have - BGR      |       Next-gen iPhone to come with Wireless PowerShare capability - GSMArena.com news - GSMArena.com      |       Samsung Galaxy A30 review: Great display and battery life, but not great value - Firstpost      |       "We Sincerely Apologise": PUBG After Players Get Health Reminder Alert - NDTV News      |       Photos: Kangana Ranaut cuts her birthday cake with the media at her residence - Times of India      |       Filmfare Awards 2019 Highlights: Alia Bhatt-Ranbir Kapoor, Ranveer Singh-Deepika Padukone Catching Up To Tribute To Sridevi - NDTV News      |       What's Wrong With Balayya And Nithin? - Gulte      |       Delhi Crime: Shefali Shah talks about the most horrifying scene; know why she begged on the sets - Catch News      |       IPL 2019: CSK Crush RCB In A Low-Scoring IPL 2019 Opener | Cricket News - NDTV Sports      |       IPL 12: Harbhajan, Tahir send Royal Challengers into a tizzy - The Hindu      |       MI still hopeful of Malinga's participation - Cricbuzz      |       A good IPL will help me stay in rhythm for World Cup: Shikhar Dhawan - Times of India      |       IIT Guwahati’s bone graft aids extensive bone formation - The Hindu      |       Ooty’s muon detection facility measures potential of thundercloud - The Hindu      |       NASA Publishes Images of the Meteor No One Saw - Gadgets 360      |       30-year-old 'Scotty' is world's biggest and oldest known T-Rex residing in Canada - India Today      |       Painkillers in pregnancy won't cause asthma in kids - The New Indian Express      |       Why are tuberculosis rates here in Singapore not falling further? - The Straits Times      |       Anti-TB drugs can add to the risk of TB re-infection - Business Standard      |       Hypertension drug shows promise in liver disease - Odisha Television Ltd.      |      

Business


2 Years Of Tata-Mistry War: Cyrus Mistry Launches New Global Venture

The development comes exactly two years after Mistry (52) was ousted as the Chairman of Tata Sons on October 24, 2016, in one of the most closely followed corporate wars in recent times


2-years-of-tata-mistry-war-cyrus-mistry-launches-new-global-mistry-ventures-llp

Business magnate Cyrus P Mistry on October 24 announced the launch of a new global enterprise, Mistry Ventures LLP, to provide strategic insights and advice to businesses, incubate new ventures and provide seed, early stage and growth capital to startups in India and worldwide.

It will bring in Ashish Iyer, Senior Partner and formerly Global Leader, Strategy Practice at the Boston Consulting Group, to head the new firm, a statement said.

The development comes exactly two years after Mistry (52) was ousted as the Chairman of Tata Sons on October 24, 
2016, in one of the most closely followed corporate wars in recent times. The Irish-born Mistry had been appointed in 2012.

Outlining his vision for the new venture, Mistry said: "The intent to deliver profit with positive 
social impact will be embedded in each of the ventures we promote or partner with."

On Iyer, he said: "Ashish has worked with companies across sectors globally and brings deep expertise across domains and capabilities such as Strategy, Go-To-Market, Digital Innovation, amongst others, and I am very excited to have him on board."

He said Mistry Ventures will do more than just invest in companies. By interpreting some of the major global and local trends and understanding their impact on industries and companies, it would incubate new businesses, forge partnerships and make investments across sectors.

"Mistry Ventures will focus on providing mentorship and infusing unique capability sets to help startups craft the appropriate business experiments needed to validate, scale and bring products and services faster to the market", Mistry added.

Mistry Ventures LLP is jointly promoted by Shapoor Mistry and Cyrus Mistry of the venerable Shapoorji Pallonji Group, a globally diversified conglomerate with a history of over 150 years, operating in engineering, construction, infrastructure, realty, water, energy and financial services sectors with a presence in over 60 countries.

advertisement