John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
It is Tata's fourth such investment in an e-commerce co.
'Cyrus was also generous, hospitable, sharing of whatever he had.' 'He never ever acted like the inheritor of great wealth.'
'And he was really trying just to do the best by the shareholders, and by the laws of India.'
Snapdeal, which has raised about $400 million since its inception, has invested about $100 million in logistics and operations to expand its presence in the $3 billion Indian eCommerce market.
The company's domestic market share is down to low single digits from nearly 15 per cent a decade ago and its bread-and-butter commercial vehicle business faces a slowdown as well as intense competition.
Ratan Tata demitted office as chairman of the Tata group in a blaze of congratulatory comment that, in a sense, says much about the strengths and weaknesses of Indian business in a globalised world.
'I don't think his influence over his company will just suddenly eradicate. I am sure he will be a sort of holy ghost over the whole company.' Zubin Mehta recalls his more than five decade association with Ratan Tata in an exclusive conversation with Rediff.com's Vaihayasi Pande Daniel.
Today, talent from across the world finds voice at the Tata Group in a way that was not the case before Mr Tata took over.
When his comments on the work ethic of British workers and their unwillingness to work out of hours were widely reported, Ratan Tata quickly distanced himself from the row caused by his remarks.
Ratan Tata has acquired a stake in Chinese handset maker Xiaomi, the first investment by any Indian in the smartphone maker.
A committee would consider candidates inside and outside the conglomerate to succeed Ratan Tata.
The Tatas operated the country's first airline. It was later acquired by the government.
Vistara, an airline in which Tata Sons owns 51 per cent stake, is one of those which wants a relaxation in rules, saying these are important for the country's economic growth.
Far from public glare, company is investing in tech firms and providing consultancy.
'I think Ratan felt he had to do everything that he could to retain control of the company started by his forefathers, because that was the first priority and nothing else mattered compared to that.'
Ratan Tata, the 71-year-old Indian industrial patriarch whose Tata group now owns Jaguar and Land Rover, had personal experience of the importance of Jaguar's "heritage"during a visit to the British company in mid-July.
Ironically, one of his greatest challenges during the coming year will be writing himself out of the script.
Ratan Tata has invested an undisclosed amount in startup research platform Tracxn.
'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.'
Continuing his investment spree in India's hot start-ups, Ratan Tata on Friday invested in Kyazoonga.
His investment in Paytm is in his personal capacity.
MUrgency is slated to launch services in Amritsar and Jalandhar in the last week of May and cover the entire state by June end.
Company chief Tony Fernandes said the name of Chairman for AirAsia India board would also be disclosed soon
'Wherever the businesses are not up to the size of the Tata group, Cyrus Mistry initiated actions to move out of those businesses.'
'Tata Steel has doubled, Tata Motors has more than doubled, and Tata Chemicals too has more than doubled.' 'So, Cyrus Mistry was getting accepted by the market for bringing in the change that was good for the group companies.'
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
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