Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Ratan Tata is Maharashtra's first Udyog Ratna.
Orient-Express says the bid amount is significantly low and undervalues the assets of the company.
Unless new members are inducted at jet speed, the strength of Tata Sons board will come down to four in July.
In an attempt to allay concerns of the US-based hospitality chain, Indian Hotels Co Ltd vice-chairman R K Krishna Kumar, in a letter to Lovejoy, said the Tata group firm would like to engage in a constructive dialogue.
Paul White is now the advisor to Indian Hotels in its second attempt to take over the Bermuda-based chain.
Mistry will work with Ratan Tata over the next year and take over from him when he retires.
The search panel might have to lower the benchmark to find a successor to the head of $71 billion business empire.
Ratan Tata will play only an advisory role and will not be part of the selection panel.
The Tata group is strengthening the management super-structure within its group companies by extending the post of vice-chairman to three more companies - Tata Motors, Tata Steel and Tata Consultancy Services.
At a time when the tourism sector is battling slowdown, terrorist attacks in Mumbai have cast a shadow on the industry and the hoteliers are expecting large scale cancellation of bookings, especially from overseas visitors.
Ironically, one of his greatest challenges during the coming year will be writing himself out of the script.
Tata Tea's exit from Glaceau, its largest acquisition so far, puts the question in context.
Stung by the US super luxury hotel chain Orient Express' rebuff to be associated with the Tatas-owned Taj Hotels, the Tatas on Thursday shot off a letter to the American company's alleging its posture was "libellous".
India is exploring the possibility of investment by Non-Resident Indians in some infrastructure projects of the country, S K Krishna Kumar, Secretary, Ministry of Overseas Indian Affairs said in Washington on Thursday.
The move is part of Tata Tea's plans to expand its global footprint. Krishna Kumar said, the company would like to have a global footprint from Japan to the US.
With substantial cash reserves, a buoyant domestic market and increasing global opportunities, almost every consumer goods (FMCG) company is looking for acquisition targets.
The Tata group is looking to spin off its bottled water business into a separate company.
Tata Tea Ltd is eyeing acquisitions in the United States for entering the beverages sector in a big way, R K Krishna Kumar said on Tuesday.
The Tata trusts can nominate one-third of the directors of Tata Sons
The Starbucks partnership will take couple of years to break-even.
Far from public glare, company is investing in tech firms and providing consultancy.
His presence matters more than the money he brings.
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.