The Ratan Tata-led Investment Commission, appointed by the government to suggest ways to attract more investments, has completed its term -- a period that incidentally saw total FDI inflows cross the $100 billion mark.
His investment in Paytm is in his personal capacity.
Ratan Tata, the outgoing chairman of over $80-billion Tat Group, on Thursday introduced his successor Cyrus P Mistry to Gujarat Chief Minister Narendra Modi during a courtesy visit to his residence in Gandhinagar, a top state official said.
He is honoured for his achievements in promoting innovations, exemplary leadership and corporate social responsibility.
In 2010, Ratan Tata had spoken of how he had to abandon plans to launch an airline because he refused to pay bribes to secure the necessary approvals.
Tata has emerged as a major venture capital investor since his retirement.
Media persons mobbed Ratan Tata for comments on the controversy over the small-car project in West Bengal and also on the race to acquire Anglo-Dutch steel giant Corus.
Ratan Tata created India's first truly multinational business group. As he prepares to step down, the bar's been raised sky-high for his successor.
Tata Group Chairman Ratan Tata arrived in Dhaka on Wednesday on a three-day visit during which he will hold discussions with the government about his $2 billion investment plans in Bangladesh.
Indian Hotels Co plans to reopen the 106-year old Taj's heritage or Palace wing in phases till April 2010.
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The overseas drive of the group has been accompanied by a change in Tata, the person, too
The Taj Mahal hotel, ravaged during the 26/11 terror strikes, reopened on Sunday evening with its owner Ratan Tata dedicating the restored hotel to those who had lost their lives in the carnage."We cannot be knocked down--this is a memorable day and a tribute to those who saved many lives," an emotional Tata said, adding "it gives me a great sense of pride--this is the start of a new era."
The NAE this year has elected 69 new members and 11 foreign associates, thus bringing the total US membership to 2,250 and the number of foreign associates to 211.
Apart from his vision, what helped Ratan Tata pursue his global dreams was the phenomenal success of Tata Consultancy Services, which is 74 per cent owned by Tata Sons.
Last month, through Fruition, one of his biggest initiatives, 20 post-graduate research students enrolled at the Tata Centre for Technology & Design at Indian Institute of Technology (IIT) Bombay.
Ratan Tata has made sure his successor won't have to battle cliques within the group - unlike his own experience after he took over.
The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.
He was responding to the shareholders' questions relating to the abandoned Nano car factory at Singur at the AGM of Tata Global Beverages.
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Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record
Ratan Tata pored over every inch of the new million-euro LaFerrari on the Italian supercar maker's stand at the Geneva auto show.
CashKaro.com works with online retailers like Amazon.in, Paytm, Jabong and ShopClues
Those in charge of the search for a suitable successor to Ratan Tata, who heads the group that bears his name, seem to be sweating for a solution.
Stating that Tatas did not have a 'captive' connection to counter a media campaign against it by an unholy nexus between certain corporates and journalists, Tata Group Chairman Ratan Tata on Thursday said that this necessitated engagement of external PR service provider Niira Radia.
"I cannot tell Ratan Tata to go back", the West Bengal chief minister said while speaking at the annual general meeting of Bengal Chamber of Commerce and Industry in Kolkata.
Tata made personal investments in four companies last year.
At a time when the Indian automobile industry is strongly opposing lowering of import duty in the proposed India-European Union Free Trade Agreement, Tata Group chairman Ratan Tata has favoured cutting tariff on vehicles and components coming from overseas.
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Tata Group head Ratan Tata said on Tuesday he has set higher ambitions for the Nano car which will be available in more variants, including diesel and electric versions.
Tata Sons Chairman Emeritus Ratan Tata said e-commerce is one of the areas where is he looking to personally invest because of its "good potential" as a large proportion of the country's consuming public do not have the required access to goods.
The Chairman of the $100-billion conglomerate has also hit out at the Opposition, media and 'some members of ruling party', saying it is 'grossly misdirected' to single out the Prime Minister and blame him for the economic woes that the country is facing at present.
Tata had announced two-pronged strategy to give opportunities to students and entrepreneurs in the Kashmir Valley which includes supporting setting up of venture capital units.
Government is pulling in different directions and we are not consolidating on government, says Ratan Tata.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
Top industrialists have expressed concern over the impact that worsening corruption has on their businesses and said there is no short-cut to becoming a billion-dollar company other than doing things the right way.
Tata Group chairman Ratan Tata has said that power and wealth are not his two main stakes and ruled out joining politics after his retirement in 2012.
Tata has invested in over 10 start-ups in personal capacity.
Company chief Tony Fernandes said the name of Chairman for AirAsia India board would also be disclosed soon
Veteran industrialist and former Tata Group chairman Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel baby and mother-care product platform FirstCry, in the upcoming IPO. Tata became an investor in the company in 2016 by infusing Rs 66 lakh initially. He was allotted preference shares of the company.