Former MD of Tata Finance Dilip Pendse found dead in Matunga

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New Delhi | Updated: July 5, 2017 10:34:04 PM

In some disturbing news for the corporate sector, it has been reported that former MD of Tata Finance Dilip Pendse has been found dead in Matunga.

Dilip Pendse, Dilip Pendse suicide, Dilip Pendse death, Dilip Pendse suicide case, Dilip Pendse tata finance, Dilip Pendse former md tata finance, tata newsPhoto for representation only. (Reuters)

In some disturbing news for the corporate sector, it has been reported that former MD of Tata Finance Dilip Pendse has been found dead in Matunga. According to ANI, Mumbai Police has registered an accidental death report in the case. Mumbai Police press relations officer said, “It is a suicide. He was found hanging at his office. The investigation is underway.” According to the Mumbai Police PRO, a suicide note has been found that cited, “frustrated due to personal life issues,” as the reason behind the death of Former MD Tata Finance Dilip Pendse.

The body of Pendse (61), who was fired by the Tatas in 2001 after his name cropped up in some illegal transactions, was found hanging from a ceiling fan at his private office on the first floor of Royal Grace Building in Dadar East this afternoon. The body was sent for autopsy at Sion Hospital, said DCP Rashmi Karandikar, Mumbai police spokesperson. The Matunga police have registered an ‘accidental death report’ and a probe is on, she said.

Earlier, Tata Motors chief executive Karl Slym and an ex-spokesperson of Tata Steel Charu Deshpande had committed suicide in 2014 and 2013, respectively. While Slym, a US citizen, was the MD and CEO of Tata Motors at the time of his death, Deshpande was no longer associated with Tata Steel when he ended his life. Slym jumped out of a posh Bangkok hotel window in January 2014. Thai investigators blamed the suicide on domestic issues, saying he had had a fight with his wife. The 58-year-old Deshpande, a former journalist who had worked with The Daily, Indian Express, Economic Times and Business & Political Observer before moving to corporate communications at ICICI Bank and Tata Steel, was found hanging from the ceiling fan of his Vasai home on June 28, 2013.

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