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.
'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.
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.
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.
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.
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."
Ratan Tata, an iconic corporate leader, retired as Chairman of the $100-billion Tata Group after a 50-year run, on his 75th birthday.
The senior IPS officer said Tata displayed resoluteness, uncharacteristic of his calm demeanour, when the iconic hotel came under attack.
'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.'
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.
As the business head of Trent Hypermarket, Neville ensures that customers receive high-quality products that adhere to Tata standards.
One of India's most powerful and dynamic business tycoons, Ratan Tata turns 70 today.
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.
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.
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.
'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.
Bringing an end to the speculation around Mehli Mistry's trusteeship in the Tata Trusts, the former trustee has officially parted ways with the Tata group, ANI has learned from sources close to Mistry.
Ratan Tata steps down as chairman of the Tata Group on his 65th birthday on Saturday, implementing his self-initiated retirement policy.
Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry's renewal, amid reported internal divisions within the organisation. The reappointment of Srinivasan this week, ahead of his term expiring on October 23, comes amid reports of a vertical split within Tata Trusts - with one faction said to align with Noel Tata, who took over as chairman following Ratan Tata's death, and the other comprising those seen as loyalists of the former doyen.
A family priest performed the prayers as per Parsi tradition before the last rites.
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.
Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.
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 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.
'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.
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.
A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.
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.
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
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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