Sources in the Tata group said they could not attend as they were travelling.
'And he was really trying just to do the best by the shareholders, and by the laws of India.'
Tata, who stepped down as head of the Tata group on December 28 after 21 years at its helm, was replying to a query about the biggest challenge for his successor.
The government is keeping a "close watch" on the developments relating to the Tata-Mistry case, but does not want to "interfere" at present as it was an "internal matter" of a private group, Ministry of State for Corporate Affairs Arjun Ram Meghwal has said.
While understanding the challenges of the group, the Tata Sons chairman has taken quite a few tough decisions in his first year in office.
Four smaller firms in the infra & technology space on course to more than treble their revenue to Rs 24,000 crore in four years.
Globally, white-collar gender diversity in the workplace has become as politically correct a cause to espouse as, say, corporate social responsibility.
In early February, at his first Tata Chemicals board meeting as group chairman, Mistry sat quietly as directors debated efforts to find synergies between interests dotted around the globe, from Wyoming to Gabon.
Cyrus Mistry said more focus was needed for improvement in key areas such as vehicle technology.
Mistry is halfway through in building Tata group's Gen Next.
Completing a year at the helm of one of the biggest conglomerates of the country, Cyrus Mistry definitely seems to have retained the trust of his investors, a new survey said.
Ratan Tata is passionate about British manufacturing. There will be no change. It will be the same culture, the charitable culture.
The group's major investments in Bengal are from Tata Metaliks, Tata Consultancy Services, Indian Hotels and Tata Hitachi.
Tata Steel constitutes committee headed by Ishaat Hussain to ascertain the facts
Shareholders want to know what plans does company have to address the issue
CNBC-TV18 News reports that it has been able to confirm that the insurance giant is firmly backing Tata Sons. There is thus no possibility that the insurer will exit the group.
Industry minister hints at inviting Mistry to the upcoming annual industrial meet.
Call it a coincidence - as Ratan Tata was preparing to hand over the baton of Tata Sons to Cyrus Mistry, Sebi banned Dilip Pendse, former MD of the erstwhile Tata Finance from the capital market for a period of two years.
The CEOs, sources said, also discussed the steps to raise domestic production of coal.
Unless new members are inducted at jet speed, the strength of Tata Sons board will come down to four in July.
The Group has been pioneer in innovation; Ratan Tata has been credited for launching world's cheapest car Nano in 2009
Ratan Tata has got over Rs 1 crore as compensation for serving as an independent director on the board of NYSE-listed Alcoa Inc during 2012.
Mistry would be succeeding as the chairman of Tata Group.
People who attended the celebrations said the sincerity and passion, besides absence of smart one-liners, reminded them of his predecessor.
Tata Group is the country's most valuable group and has an estimated 4.1 million shareholders across its various listed companies
Tata Power is looking forward to drawing big advantage from Cyrus Mistry taking over as the $100-billion conglomerate's new chief, as he began Tata journey with this company and can relate to the business very well.
Mistry was groomed for the assignment by Tata for a year.
Ratan Tata, an iconic corporate leader, retired as chairman of Tata Group after a 50-year run on Friday but kept away from office on his last day at the helm of one of country's oldest business empires. Tata, who turned 75 today, is in Pune for his birthday.
Profit in FY13 up 18% to Rs 3,713 crore, dividend income jumps 37%
Tata will step down as chairman of Tata Sons and other group companies in December-end after a stint of over 21 years.
At 4.16 mn shares, chairman-in-waiting holds 0.21% in group's cash cow
The Tatas don't want any court to pass any ex-parte orders without hearing their side of the story
Seth has been named by six women including model Diandra Soares, filmmaker Natasha Rathore and writer Ira Trivedi.
The chairmanship of Tata Motors and Tata Steel after Ratan N Tata steps down at the end of 2012 appears to be an open question. It will be up to the new Tata group chairman, Cyrus Mistry, whether he decides to succeed Tata in heading two of the largest group companies or opt for new chairpersons for them.
When he took over as chairman of the Tata Group in 1991, the majority perception was the untested nephew of J R D Tata would be a pushover.
'The Tata group will need for its new leader to show the same foresight and willingness to go against conventional wisdom at times to keep the group's aspirations high and uphold the values of innovation, ethics, corporate responsibility, trust and leadership that are frequently associated with the Tata name.'
The Starbucks partnership will take couple of years to break-even.
Shyamal Majumdar on how it was Noel Tata's own choice to stay away from the corner office at Tata Sons.
Tatas' best bet would be to find an insider who understands the systems, say headhunters
The company is banking on investments lined up for product development and other innovations.