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The government had said families of each victim would be given Rs 72 lakh each, says Mangalore Air Crash Victims Family Association
Mistry, who was the sixth chairman of Tata Sons, succeeding Ratan Tata, was unceremoniously removed from the position in October 2016, over disagreements over running the conglomerate.
The accident took place around 3.15 pm when Mistry was travelling to Mumbai from Ahmedabad. The accident took place on a bridge over the Surya river.
The Tata Sons, which took over from the government the loss-making airline on January 27 this year, announced the appointment of Wilson on May 12.
Tata Sons has an 83.67% stake in AirAsia India.
Salt-to-software conglomerate Tata Group had on October 8 last year won the bid to acquire debt-laden state-run Air India by offering Rs 18,000 crore for it.
Contrary to the general impression that Mistry's removal was sudden, it was actually three years in the coming, writes Peter Casey in the book 'The Story of Tata.'
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