January 21st 2024.
It was a joyous occasion for the employees of Vistex, a revenue management company, as they gathered to celebrate their 25th anniversary in Asia. Sanjay Shah, the CEO of the Illinois-based company, was in attendance, along with his colleague Raju Datla. The two were about to be lowered onto the stage in a metal cage as part of the planned festivities at Ramoji Film City in Hyderabad, India. However, tragedy struck when the cable holding the cage snapped, causing both men to fall 15 feet to the ground.
Horrifying video footage captured the moment the two men tumbled out of the cage, right after a voice had asked the crowd to applaud and fireworks had gone off. Sanjay was rushed to the hospital, but sadly succumbed to his injuries. Raju, on the other hand, remains in a serious condition. According to reports, the event was meant to kickstart the celebrations, but instead, it ended in a devastating accident. The police have registered a case against the event management authorities, as they investigate the cause of the cable snapping.
Sanjay Shah was the visionary behind Vistex, which he established in 1999. Today, the company has a global presence with 20 offices and over 2,000 employees. Some of their esteemed clients include Barilla, Bayer, and GM. Sanjay, who grew up in Mumbai, had immigrated to the US when he was just 17 years old. He went on to pursue an MBA at Lehigh University in Pennsylvania and became a successful businessman at the young age of 21. In 2017, he donated $5 million to his alma mater to set up the Vistex Institute for Executive Education. He also created the Vistex Foundation, which supports non-profit organizations focused on health, education, and basic needs.
Sanjay leaves behind his wife and two daughters, and his untimely death has left a void in the hearts of those who knew him. This tragic incident is a reminder of the fragility of life and the importance of safety measures. In September, five hotel workers in Bali, Indonesia lost their lives when a glass elevator cable snapped, and in the following month, a tourist was killed when a glass walkway shattered in Indonesia. Such accidents highlight the need for proper safety regulations to be in place, and the authorities must take this seriously to avoid similar tragedies in the future.
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