Sunday, May 26th 01:31 PM IST
Cyrus Mistry IMAGE.
An Indian worker carries a bouquet of flowers for Deputy Chairman of Indian multinational corporation Tata Cyrus P. Mistry as he arrives at company headquarters Bombay House in Mumbai on November 24, 2011. India's salt-to-steel group Tata have appointed Cyrus P. Mistry as the new chairman-elect, ending a long search for a successor to veteran chairman and business icon Ratan Tata, who will step down next year. Mistry, a 43-year-old existing board member, was named as deputy chairman of the Tata Sons group and will take over the reins next year, the company said in a statement, ending years of speculation.

An Indian worker carries a bouquet of flowers for Deputy Chairman of Indian multinational corporation Tata Cyrus P. Mistry as he arrives at company headquarters Bombay House in Mumbai on November 24, 2011. India's salt-to-steel group Tata have appointed Cyrus P. Mistry as the new chairman-elect, ending a long search for a successor to veteran chairman and business icon Ratan Tata, who will step down next year. Mistry, a 43-year-old existing board member, was named as deputy chairman of the Tata Sons group and will take over the reins next year, the company said in a statement, ending years of speculation.