India, Dec. 6 -- Biocon founder Kiran Mazumdar-Shaw on Friday expressed grief over the death of Simone Tata, the iconic business leader who transformed Lakme into one of India's most recognisable beauty brands. "Deeply saddened that my shero is no more," Shaw wrote in an emotional post on X, calling Simone Tata the "doyen of women business leaders".

Simone Tata, the mother of Tata Trusts chairman Noel Tata and stepmother of the late Ratan Tata, passed away on Friday morning at Mumbai's Breach Candy Hospital after a brief illness. She was 95.

Sharing a photo with the late entrepreneur, Shaw wrote, "I hugely admired her acumen & courage to pioneer Lakme as a cosmetic era in India." "Her rich legacy is etched in history forever," she said,...