Tata assured that Mistry will maintain group's focus on integrity

Maintaining integrity and ensuring business ethics have been the hallmark of the $83.3 billion (revenues) Tata Group.

When Ratan Tata, the group chairman, retires at the end of 2012, he will be assured that his young successor, Cyrus P Mistry, 43, will ensure that the same high standards of integrity and ethics will be maintained in the group.

The managing director of Shapoorji Pallonji & Co Ltd (SPCL), the flagship of the Shapoorji Pallonji group, in his message on the company's website, asserts, ''We always operate with the highest levels of integrity and responsibility so as to build on the trust that we have earned over the years.''

Mistry traces back the group's origins to 1865, when as Littlewood Pallonji & Co built a giant water reservoir on Malabar Hill to serve the needs of the residents of Bombay. SPCL, the group's contracting division – and headed by Mistry – has built numerous iconic buildings and structures that dot the architectural landscape of India.

''We take pride in counting the crème de la crème of manufacturing, services and other industries as our esteemed clients,'' remarks Mistry. SPCL's portfolio includes the tallest residential building in India, the largest mall in the country, the longest rail bridge, the largest dry dock, the largest affordable housing project and the largest cement clinker plant in Asia.

''These stand as proud testimonies of the abilities of our 5,500 strong staff and the faith reposed in us by our clients.''