Like many other Indian companies, the Tata group too has globalised in the past decade. It is a testimony to the success of Indian enterprise in the global marketplace that many of them have done well, in the face of severe competition.
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.
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.
The donation by Tata Sons and Trusts is the biggest sum committed by a corporate and its philanthropic arm since the outbreak of Covid-19. Others, including Reliance Foundation, Mahindra Group, Bajaj Group, and ITC, are lending support too in the battle against the pandemic.
Days ahead of Ratan Tata's retirement, an Associated Chambers of Commerce and Industry of India (Assocham) survey said the $100-billion Tata Group was perceived to be India's best-known global brand within and outside the country.
'Established filmmakers want to go with the sequels of earlier hit films like Housefull 5 or Mastiii 4. They don't want to come up with fresh ideas. This is pure laziness.'
When 'humiliated' Tata did 'favour' to Ford with JLR buyout!
I really did what my great grandfather said we should - mainly to give back to the community whatever we had in terms of prosperity, says Ratan Tata in New York.
Former Chairman and Managing Director of Tata Steel, Russi Mody, 96, passed away in Kolkata on Friday.
NCLT in its judgement said: "The removal of Cyrus Mistry as executive chairperson was because the board lost confidence and not because they were contemplating that he would cause discomfort to Ratan Tata, N Soonawala and others.' "The Board is competent to remove an executive chairman. Mr Mistry's removal from the position of director came because he admittedly sent out company information to the I-T (department), press, and came out in public against the board and the trust."
Amid suggestions aplenty, including from a former Tata Group veteran to choose someone from within the Tata family to head the conglomerate, incumbent chairman Ratan Tata on Friday said only the best would succeed him.
Tata, 78, who retired as Tata Group Chairman nearly four years back, justified his return for "maintaining stability and continuity of leadership" and promised to give the group "a world-class leader" when a fulltime boss is appointed.
Congratulate Tata and the entire Tata Motors team for their incredible achievement.
Ratan Tata will step down in December next year after he turns 75.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Of the six chairmen that Tata group has had in its 148 years, the longest serving was Jehangir Ratanji Dadabhoy
Mistry is expected to take over the mantle of the salt to software giant in Deecmber, 2012 after Ratan Tata retires.
Industrialists Anand Mahindra and Ratan Tata will co-host a power lunch for CEOs with the visiting US Treasury Secretary Timothy Geithner on April 7.
This move is seen as a way to create an enabling structure for the new chairman, where he or she will have the support of an experienced team to share some of the responsibilities in running the conglomerate through Tata Sons.
Indian conglomerate Tata Group Chairman Ratan Tata has said that Tata Motors will have an electric car in the market by September this year.
Earlier, finance minister Pranab Mukherjee had said the fiscal stimulus given to the industry to combat the adverse impact of the global financial meltdown would not be withdrawn before the budget next year.
Coinciding with the beginning of a search for chairman Ratan Tata's successor, the Tata Group has become the country's wealthiest, with a market value of about Rs 371,000 crore (Rs 3,710 billion) -- higher than that of the business houses led by the two Ambani siblings.
The Tatas are planning to introduce its small car Nano in Latin America in partnership with Italian auto maker Fiat.
Amid the tape controversy, Agriculture Minister Sharad Pawar on Tuesday said the government should take note of Ratan Tata's statement that India risked turning into a 'banana republic'.
It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.
Tata had led the salt-to-software conglomerate for 21 years after being chosen successor by his uncle, the iconic JRD Tata, in 1991.
Indian business titan Ratan Tata, already named among the world's most influential business people from India, has now made to a list of 30 most powerful in the British construction space with a ranking higher than even the UK's Minister for Housing.
While the entry of 62-year-old Noel Tata, half brother of Ratan Tata, into Tata Trusts is being seen as a significant departure from the past within the salt-to-software conglomerate, Jehangir, a long-standing philanthropist is expected to add heft to Tata Trusts.
The search panel might have to lower the benchmark to find a successor to the head of $71 billion business empire.
Those who run Jaguar and Land Rover and their top designers talk about leaping cats, concept Landies and Ratan Tata.
The anti-corruption branch of the Central Bureau Investigation has given a clean chit to Tata Group chairman Ratan Tata in the 2G spectrum scam.
'Not many know that Ratan Tata became chairman of Tata Sons because of Cyrus's father Pallonji Mistry. But he (Cyrus) never used it or leveraged it to his benefit.'
Noel, Ratan Tata's half-brother and Mistry's brother-in-law, was a contender for the top position when Mistry was chosen as chairman in 2011.
Ratan Tata, who is credited with the phenomenal growth of the Tata group in the past decade, has been named as Forbes' 'Asian Businessman of the Year'.
Terms reveal that such premature redemption is allowable on dividend reset dates in case there is no agreement on the dividend rate
The government is keeping a "close watch" on the developments relating to the Tata-Mistry case, but does not want to "interfere" at present as it was an "internal matter" of a private group, Ministry of State for Corporate Affairs Arjun Ram Meghwal has said.
Tata had in the past blamed corporate rivals, without naming them, for putting a spanner in the Nano project leading to land acquisition problems in West Bengal. As a result, the project had to be shifted out of Bengal to Sanand in Gujarat. And this came at a cost. The project originally estimated at Rs 1,500 crore (Rs 15 billion) now costs over Rs 2,000 crore (Rs 20 billion).
A half-brother of Ratan Tata, Noel will step down as the MD of the group's retail venture, Trent Ltd
The latest Fortune list is topped by Apple Computer CEO Steve Jobs.
