Tata said his group, which was 'a traditionally manufacturing company in a sellers market', did not succeed in 'really embracing the customers' values'.
The Federation of the Indo-Israeli Chambers of Commerce (FIICC), on August 6, bestowed the 'Businessman of the Decade' honour upon Ratan Tata, who heads the $71-billion Tata empire.
Tata Group chairman Ratan Tata's dream is to see cars run on water and he has invested $15 million in a start-up firm supporting research in the field, an eminent scientist said.
The Tatas operated the country's first airline. It was later acquired by the government.
Starbucks CEO Howard Schultz has voiced his admiration for industrialist Ratan Tata's 'grace' and wisdom, saying he was moved by the business icon's words during the launch of the coffee chain's flagship store in Mumbai last year.
The award will be presented in Mumbai on September 23 during Frost & Sullivan's annual Growth, Innovation and Leadership Executive Congress, the global consulting firm said in a statement.
Reader Vishal Shah spotted Tata Group chairman Ratan Tata, shopping at the Selfridges Store on Oxford Street, London.
Sabse has several patents in the arena of call-control and switching of calls.
Dismissing adverse comments on Jaguar and Land Rover (JLR) buy, Ratan Tata on Tuesday said the $2.3-billion acquisition of the iconic brands was 'worthwhile' though the subsequent financial crisis posed challenges.
He has succeeded because he knew there needed to be a huge transformation in innovation and R&D capacity.
Effective November 8, Ratan N Tata has stepped down as chairman of Tata Power and Cyrus P Mistry will take his place.
The Tata Trusts, led by the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, hold a 66 per cent stake in Tata Sons, the Tata group's holding company.
In the midst of an ongoing search process to find Ratan Tata's successor to head the country's biggest corporate house, top leaders from the group have heaped lavish praise on his leadership style.
Diwan Arun Nanda, founder of Rediffusion and one of India's last great admen, changed the industry with memorable campaigns, political ads, and a rare mix of sharp strategy and creativity.
Tata Motors on Monday commercially launched its people's car, Nano, promising to stick to the Rs 100,000 price tag for the base model.
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.
Ratan Tata is the only Indian among five foreigners to be awarded as part of the 'Honorary British Awards to Foreign Nationals' for 2014.
Prime Minister Narendra Modi has lauded the people for contributing wholeheartedly to the PM CARES Fund as he chaired its meeting which was also attended by newly-nominated trustees Justice K T Thomas, former deputy Lok Sabha speaker Kariya Munda and Ratan Tata, the PMO said on Wednesday.
The Global Indian Award is given to a person who has had an impact on and contributed in some way to the growth of the Indian and global economy.
India's Ratan Tata aims to transform his once-stodgy conglomerate into a global powerhouse. But can it thrive after he steps down?
United States Ambassador to India, Eric Garcetti, expressed condolences on veteran industrialist, Ratan Tata's demise on Thursday and said that India, and the world have 'lost a giant with a giant heart'.
The creation of the Nano ranks with major pioneering attempts in manufacturing. It is thus fair to say that Ratan Tata has written himself into the history books.
A shy man, he rarely features in the society glossies, drives himself to work in a Tata car and has lived for years in a book-crammed, dog-filled bachelor flat in Mumbai's Colaba district.
He will recommend innovative methods and processes for the improvement.
Ratan Tata says his successor would be in place by middle of the year.
Even as the government is trying to park politicians on the boards of 'Navratna' companies, an official committee has cleared names of people like Tata Sons chairman Ratan Tata for appointment as independent directors on the board of HAL.
Ratan Tata, who heads the biggest industrial conglomerate in India, on Tuesday joined an elite group of global business leaders like Microsoft chief Bill Gates and BP Group CEO Lord Browns
Indications are that the Tata Sons stand on listing of the company may come up for a discussion even if it's not part of the agenda
Singur was a "great disappointment" but the Tata Group might still go to West Bengal, hints outgoing chairman of the group Ratan Tata.
RatanTata is the only Indian among five foreigners to be awarded Britian's civilian honour this year.
Ratan Tata has made investments in his personal capacity in more than 15 start-ups over the last 20 months.
Ratan Tata on Friday welcomed the government accepting Tata Sons' bid of Rs 18,000 crore for the takeover of Air India, saying the airline provides a very strong market opportunity to the group even through it will take considerable effort to rebuild the debt-laden carrier. "Welcome Back, Air India," he said. "The Tata Group winning the bid for Air India is great news," he said in a statement.
Designing is another critical area for him, especially in the business of furniture.
Tata Trusts have tied up with Google, Intel.
One of two Indian Americans honorees Dr Deepak Srivastava is the director of the Gladstone Institute of Cardiovascular Disease and Wilma and Adeline Pirag Distinguished Professor in Pediatric Developmental Cardiology at the University of California at San Francisco.
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.
This is Tata's seventh investment this year.
A new leadership is needed to replace the present culture of indifference.
The Supreme Court in its order said it was not open for SP group companies to call Ratan Tata a "shadow director" when the board of which Cyrus Mistry was chairman had nominated him as chairman emeritus of the USD 100 billion salt-to-software Tata group.
Tata Indica, the Tata Group's big passenger car bet, was not delivering expected returns a year into its launch. Desperate, the Tata Motors brass, led by Ratan Tata, acceded to a meeting request from Ford Motors for a possible sale of the passenger vehicles division to the American auto major. Some people had advised Tata to sell the business, and the Ford officials came to Bombay House to hold talks.
