The new chairman has to take a set of leadership calls at Tata Steel. They could be a pointer to the manner in which Mistry's tenure could unfold
Cyrus Mistry’s honeymoon is over. After barely three months in the hot seat, the 44-year-old chairman of the Tata group is already squaring up to the biggest challenge of his tenure. The group’s $26 billion sprawling steel operations are in deep strife, especially across Europe. For the next two years, there’s very little scope for a recovery. An asset sell-off is on the cards—but that’s unlikely to generate cash in a depressed market.
(This story appears in the 19 April, 2013 issue of Forbes India. To visit our Archives, click here.)