06 December, 2020

Ceo Of Controversy

Nusli Wadia, enfant terrible of the Indian corporate world, seems to have a penchant for trouble

Ceo Of Controversy
outlookindia.com
-0001-11-30T00:00:00+05:53

A fighter, a rebel, vengeful, a loyalist. The grandson of Jinnah, the godson of JRD Tata, the chairman of Bombay Dyeing & Manufacturing Co. Ltd. The heir apparent to the Tata empire, the prodigal manager, the controversial CEO. False passports, flamboyance, flirtations. A Pakistani spy, Dawood links, an anti-national. Just who is this man?

Plonked right in the centre of yet another storm, Nusli Wadia, 53, attracts controversy like no other CEO, no other man. Last week, when The Indian Express published a tapped phone conversation Nusli had with Ratan Tata, Keshub Mahindra, Jayant Malhoutra and Field Marshal Sam Manekshaw, the resultant corporate upheaval might have unnerved anyone else. Not Nusli.

With him, it's a habit. Right from 1971, when his father Neville and Pallonji Mistry—the majority shareholder of Bombay Dyeing—decided to sell the company to R.P. Goenka, and Nusli disagreed, he inherited his loudest inheritance: a label of a fighter. Then he got JRD Tata, his mother, sisters and even the labour union to...

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