Tata had led the salt-to-software conglomerate for 21 years after being chosen successor by his uncle, the iconic JRD Tata, in 1991.
No other corporate house in India is in a better position than Tata group for the takeover of debt-laden airline Air India, former deputy chairman of erstwhile Planning Commission Montek Singh Ahluwalia said on Thursday. Tata Sons has emerged as the top bidder for the takeover of the state-run airline but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah. "You can't have a better corporate, with a better position than the Tatas, we can hand it (state-run airline Air India) over," he said while replying to a question in a virtual event.
Arun Maira who worked for 25 years with the Tata Group, remembers his early years with Ratan Tata.
'Ratan had the quality that JRD and Russi Mody had -- they could walk with kings and never lose the common touch.'
The victory gave Uzbekistan a berth in the final of the JRD Tata football tournament.
Lekini Suiting's late goal gave the home side a 2-1 victory in the opening match of the under-19 JRD Tata Cup.
'Nehru once told JRD, "I hate the mention of the very word profit".' '"Jawaharlal, I am talking about the need of the public sector making a profit!" JRD replied.' 'Nehru reiterated, "Never talk to me about the word profit, it is a dirty word".' A fascinating excerpt from Shashank Shah's The Tata Group: From Torchbearers To Trailblazers.
After Rs 800 million makeover, Bombay House reopened on July 29, 2018. The earlier dull interior with low technology has given way to a lot more colour and vibrancy.
Tata, who attended the annual gala event at the National Centre of Performing Arts after five years, was alluding to Chandra's presentation on the performance of the Tata group of companies.
They say better late than never. For the Tatas, the original owners of Air India, bringing back the airline to its fold is worth the wait even if the attempt to privatise the bleeding national carrier by successive governments has taken over two decades. While many airlines have come and gone from the Indian skies since the time when the first move was made to privatise Air India to date, the salt-to-software conglomerate has never let the love affair with aviation, more so with Air India that its former chairman Jehangir Ratanji Dadabhoy Tata (JRD) had, to go off the radar. It is said that Tata group executives used to complain in private that JRD -- the pioneer of the Indian aviation industry -- spent more time worrying about Air India than the Tata group when he was heading both the entities.
Analysing his own performance, JRD Tata insisted that his only real contribution to the group's smorgasbord of companies was Air-India
After more than two decades and three attempts, the government has finally sold its flagship national carrier Air India, and it is deja vu for Maharaja as it returned home to its founding father the Tata group. Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932 and named it Tata Airlines. In 1946, the aviation division of Tata Sons was listed as Air India, and in 1948, the Air India International was launched with flights to Europe. The international service was among the first public-private partnerships in India, with the government holding 49 per cent, the Tatas keeping 25 per cent and the public owning the rest. In 1953, Air India was nationalised and for the next over four decades it remained the prized possession for India controlling the majority of the domestic airspace.
Cyrus Mistry, who takes over captaincy of the Tata group this Friday, doesn't have to worry about the wicket. With a team comprising some of India's best corporate leaders - all carefully handpicked by his predecessor - Mistry can surely hit the ground running.
Vimal Pariyar's goal minutes before the long whistle gave them a 2-1 victory int he JRD Tata tournament.
Like JRD Tata, Mistry also loves Cantonese-style Chinese takeaway from Colaba's cult restaurant Ling's Pavilion.
Tata Sons has emerged as the top bidder for the takeover of debt-laden State-run airline Air India but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah, sources said.
Author Dev Prasad in his book Pitch It! Inspirational Stories From the Cricket Dressing Room to the Corporate Boardroom underlines similarities between the gentleman's game and corporate boardroom.
Images from Indian Super League matches played on Saturday.
As per information available with the Corporate Affairs Ministry, the new company was incorporated on November 5 with a total paid up capital of Rs 500,000 and has been registered in New Delhi.
'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.'
The Reserve Bank of India is slated to announce its monetary policy review on January 29, amid industry demand for lowering of interest rates to spur growth.
Paying glowing tributes to J R D Tata, Prime Minister Manmohan Singh on Tuesday described him as the tallest and most daring titan amongst the galaxy of business pioneers of the last century.
London Olympics medal prospect L Bombalya Devi of Railway Sport Promotion Board (RSPB) created three new national records while archer Tarundeep Rai set a new record in the ongoing 32nd Sahara Senior National Archery Championship at JRD Tata Sports complex in Jamshedpur on Thursday.
Defending champions Salgaocar SC had to sweat it out for a solitary goal win over Prayag United, Kolkata, while Pune FC defeated United Sikkim by an identical margin in Group D league encounters of the 34th Federation Cup football tournament in Jamshedpur on Thursday.
I-league champions Dempo earned three points against Shillong Lajong, defeating them by a solitary first-half goal, while Pailan Arrows held Mumbai FC 2-2 in Group A encounter of the 34th Federation Cup football tournament in Jamshedpur on Friday.
All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.
What would happen to the ownership after Ratan Tata? The succession plan for the 263,862 Tata Sons promoter shares owned by seven Tata Trusts and other holdings of Tata brothers? Would a younger family member inherit?
Mumbai may see the most expensive real estate deal mid this year.
RBI had made available a potential liquidity of Rs 5.60 lakh crore (Rs 5.6 trillion), nearly 9 per cent of gross domestic product, to help the country tide over the liquidity crisis following the global financial meltdown triggered by the collapse of America's iconic investment banker Lehman Brothers in mid-September.
Consultants said the fact that Oberoi had no debt on its books and Kalpataru had low debt helped the two in the slow realty market.
A 4-0 victory gave Iran their first victory in three matches in the JRD Tata football tournament.
They scored a 3-0 victory in their opening match in the JRD Tata Cup international.
They recovered from a 0-3 deficit to earn a 3-3 draw in the JRD Tata under-19 football tournament.
The teams were locked 1-1 in the JRD Tata international football tournament.\n\n
They respectively won the men's and women's 100 metres in the Sr Nat Inter-State Athletics championships.
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances