Rusi Modi Wiki:
Russi Mody (b. 17 January 1918) was former Chairman and Managing Director of Tata Steel (formerly known as TISCO) and a leading member of the Tata Group.
Born 17 January 1918
Occupation Chairman of Tata Steel from 1984–1993
Spouse(s) Siloo Russi Mody
Parents Sir Homi Mody and Lady Jerbhai
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Once touted as a contender to head the Tata group before Ratan Tata took charge, Russi Mody feels that someone from the family alone should spearhead the $71 billion conglomerate and any outsider would not sound right.
Mody, 92, held important positions in Tata group and led Tata Steel till he retired in the early 1990s. Later, he held various advisory positions both in the group and outside, with a notable stint as Chairman of the erstwhile Indian Airlines and Air India.
"...But I wonder what would someone from outside do at the Tatas," Mody said in a column in daily 'Financial Chronicle'.
Mody's comments are in sharp variance with Ratan Tata who said that his successor would not be pro or anti-Parsi and could be from either India or abroad.
At the AGM of Tata Chemicals' annual general meeting on Monday, Ratan Tata had said: "The Tata Group is an Indian Group and we should not be looking (at it) as a Parsi group. The successor should be the right person and not anti-Parsi or pro-Parsi."
Tata had also said in a TV interview some time back that his successor need not be a Tata.Read more
Source:timesofindia.com
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