Tata's choice of chairman preserves Parsi tradition

Newswire

* $83 bln Tata Group a family business founded by Parsis * Diversified Godrej and Wadia Groups also Parsi * Parsi industrialists spearheaded Mumbai's development By Henry Foy MUMBAI, Nov 26 (Reuters) - The days when Mumbai's Parsi community dominated a city they helped to build may have faded, but the rise of Cyrus Mistry to the helm of the Tata Group reinforces the clout it wields in some of India's biggest conglomerates. Mistry's selection as chairman-designate of India's biggest ...

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