The deferral of Natarajan Chandrasekaran's re-appointment as Chairman of Tata Sons has sparked questions regarding a previous unanimous resolution by Tata Trusts and potential internal disagreements.
"I mentioned to sir (Ratan Tata) that the son of a fellow army officer was handicapped below the waist and needed a job," he told PTI from Pune where he now lives. "Vijay Bisht, son of my then colleague in M&G area HQ Lt Col B S Bisht, had sustained severe leg injuries after falling from a horse and I came to know he was looking for a job," he added. Tata said the needful would be done. And it was.
Simone Tata, the mother of Tata Trusts chairman Noel Tata, died in a Mumbai hospital on Friday after a brief illness. Simone, the stepmother of the late Ratan Tata, was 95.
"'His mantra was simple yet profound: Be number one or be ready to be wiped out. There's nothing in between," he used to say and it was a reminder for all to always aim high, to push boundaries, and to strive for excellence.
In a December 2012 interview, Ratan Tata, then preparing to step down as chairman of Tata Sons, expressed doubts about the Tata group re-entering the aviation sector, calling it a space plagued by "destructive competition". But beneath that frustration lay nearly two decades of failed attempts to conquer the Indian skies. In 1994, Tata, along with Singapore Airlines, had plans to launch a joint venture (JV) airline in India.
Ratan Naval Tata, a prominent industrialist, philanthropist, and former Chairman of Tata Sons, has been admitted to the intensive care unit (ICU) at Breach Candy Hospital in Mumbai, reports Mid-Day newspaper.
Tata Sons chairman Ratan Tata has been given honorary fellowship of the London School of Economics and Political Science for his contribution to the global industry.
'The people of India have shown immense faith in the Tata group as they have never broken the trust of Indians.'
Veteran industrialist and Tata Sons Chairman Emeritus Ratan Tata continues to be in Mumbai's Breach Candy Hospital for age-related ailments, said people aware of the situation. Comments from the Tata group could not be immediately obtained on his health condition.
Maharashtra Chief Minister Eknath Shinde on Wednesday, July 27, called on Tata Group Chairman Emeritus Ratan Tata at his residence in Colaba, south Mumbai. Also present was Natarajan Chandrasekharan, the current chairman of the Tata group.
Ratan Tata, an iconic corporate leader, retired as Chairman of the $100-billion Tata Group after a 50-year run, on his 75th birthday.
'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.'
Sharing a screenshot of an article that stated his "recent investment had experts in disbelief and major banks concerned" as an example, he wrote, "If you see any articles or ads mentioning my association with cryptocurrency, they are absolutely untrue and meant to scam citizens."
One of India's most powerful and dynamic business tycoons, Ratan Tata turns 70 today.
The inclusion of a "no-contest" clause in Ratan Tata's will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.
The senior IPS officer said Tata displayed resoluteness, uncharacteristic of his calm demeanour, when the iconic hotel came under attack.
On another occasion, he recalled, as part of the SPG, he was tasked with the security of the then prime minister Manmohan Singh and assigned the responsibility of escorting Tata from Taj Mansingh Hotel in New Delhi.
As the Ratan Tata Endowment Foundation and Trust are new entities, the continuous CSR fund flows from Tata Sons will help it undertake new projects.
The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.
'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.
Upstox, an investment platform, has generated a 10-fold return to Tata group's former chairman Ratan Tata on a buyback of 5 per cent of his stake in the company, according to a company press release. The returns were on the partial sale of Tata's 1.3 per cent stake in the company.
Ratan Tata steps down as chairman of the Tata Group on his 65th birthday on Saturday, implementing his self-initiated retirement policy.
Two months after he retired, Ratan Tata remains a personal enigma despite the millions of words written about him. In this exclusive interview with Rediff.com's Vaihayasi Pande Daniel, architect Ratan Batliboi reveals Ratan Tata the caring, honest, funny, simple, man behind the legend.
A family priest performed the prayers as per Parsi tradition before the last rites.
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?
Tata Group Chairman Emeritus Ratan Tata on Friday met Maharashtra Navnirman Sena (MNS) chief Raj Thackeray at his residence in Mumbai.
Tata Trusts chairman Noel Tata and two other powerful trustees considered close to him blocked the reappointment of late Ratan Tata's close associate and businessman Mehli Mistry as trustee, deepening the rift at the philanthropic arm that controls the holding company of Tata Group, people familiar with the matter said.
As the business head of Trent Hypermarket, Neville ensures that customers receive high-quality products that adhere to Tata standards.
Tata Group Chief Ratan Tata met Communication and IT Minister Dayanidhi Maran on Wednesday and discussed wide ranging issues relating to spectrum policy and investments in the telecom sector.
Take the Rediff Business Quiz and find out how much you know about one of India's greatest industrialists.
Earlier, Holachef had raised a seed fund of Rs 2 crore or Rs 20 million from India Quotient in February 2015.
he is the most prominent Indian leader whose inner values and outer actions demonstrate an evolved higher level of responsible leadership.
Tata Group chief Ratan Tata on Saturday visited the Taj Hotel, shortly after three terrorists were gunned down by the National Security Guards in the fresh gunbattle early this morning, to take stock of the land-mark building.
Effective November 8, Ratan N Tata has stepped down as chairman of Tata Power and Cyrus P Mistry will take his place.
'Tata Group is excited to work together to make Air India the airline of choice in terms of passenger comfort and service'. This is an audio message from Ratan Tata played onboard some Air India flights. Tata Group completed the takeover of the loss-making Air India on January 27.
Tata Teleservices Maharashtra Ltd said on Friday that Ratan N Tata has been elected as the company's chairman. \n
Ratan Tata will play only an advisory role and will not be part of the selection panel.
S Ramadorai, chief executive oficer, Tata Consultancy Services with chairman Ratan Tata at the annual general meeting in Mumbai on Friday afternoon.
India's Ratan Tata aims to transform his once-stodgy conglomerate into a global powerhouse. But can it thrive after he steps down?
Reader Vishal Shah spotted Tata Group chairman Ratan Tata, shopping at the Selfridges Store on Oxford Street, London.
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