The company, which is a leading player in the Indian wearables market, is backed by angel investors like Shriram Nene and his wife and Bollywood actress Madhuri Dixit Nene and WhatApp's Neeraj Arora
Ratan Tata on Friday told the Supreme Court that the tapped telephonic conversations between corporate lobbyist Niira Radia and top politicians, bureaucrats and businessmen, including himself, were leaked to the media because of corporate rivalry.
In an open letter to the people of West Bengal, Ratan Tata said the citizens should decide whether they wanted education and jobs in the industrial and hi-tech sectors or 'want to stay as they are.' The letter said, 'The people of West Bengal, particularly the younger citizens, will need to express their views and aspirations as to what they would like to see West Bengal become in the years ahead.'
Ratan Tata-led Tata Motors on Thursday said that it plans to expand its commercial vehicles business in India and would launch a few more models by this year-end.
Tata Sons chairman Ratan Tata said on Tuesday that Tata Motors was ready to return Singur land if West Bengal government compensated the company for the investments it had made, adding that the company had no plans for Singur at the moment.
Within days of exiting from West Bengal, Tatas have decided to relocate their Rs 1 lakh-Nano car project in Gujarat, after scouting many sites including that Karnataka and Andhra Pradesh.
The Group has been pioneer in innovation; Ratan Tata has been credited for launching world's cheapest car Nano in 2009
"The toughest part was continuing to believe that we could do it," Tata told journalists covering the Auto Expo in New Delhi, where he unveiled the lowest-priced car in the world. He added that "a promise is a promise", hinting at the ability of his company to deliver even in the face of brutal scepticism.
Tata Motors has expressed interest in acquiring engine and transmission units of Daewoo Motors India soon after acquiring commercial vehicles operations of Daewoo Korea.
"I have to admit that so far, the venture with Fiat has not been as active as we had thought," Tata said.
Tata was speaking to reporters after he, along with Singapore Airlines CEO Goh Choon Phong and Tata-SIA Airlines Chairman Prasad Menon, met the minister.
Ratan TataTata Group Chairman Ratan Tata has asked all group companies to do a reality check in view of the economic slowdown, expected to continue in the New Year.
Tata group chairman Ratan Tata on Tuesday virtually ruled out any investment in Singur and said the company would gladly return the land if compensated.
Tata Motors on Wednesday inaugurated the world's cheapest car, the Nano's, manufacturing facility here, nearly two years after it was forced to shift the plant out of West Bengal over a land row.
What's common between Vijay Mallya, Ratan Tata and L N Mittal besides the fact that they are all India-born entrepreneurs looking to dominate global business? All three are victims of economic patriotism in foreign soil.
Tata Tea, part of the Ratan Tata-led business conglomerate, announced a preliminary agreement with global beverage major PepsiCo for exploring a joint venture in the non-carbonated beverage business.
Tata Motors on Friday announced its partnership with Italy-based Fiat Auto Spa.
Ratan Tata's comments come after another Indian automotive company, Mahindra & Mahindra, is in the process of taking over South Korean auto maker Ssangyong Motor Company, expected to be done by November.
Tata Group chairman Ratan Tata has said the company could not give any guarantee over safety of jobs as it plans will be to make the UK operations more profitable.
Mistry is not the first Tata bigwig to be ousted and Tata is not the only big name which saw a doyen or two leave
Tata group chief Ratan Tata has questioned allocation of spectrum based on subscriber and technology without having a defined policy.
Tatas have tied up with Israel Aerospace Industries to manufacture missiles, pilotless drones, electronic warfare systems and other defence equipment.
At the heart of the problem is Fiat's failure to bring in more models to India -- a fact the Tata Group chairman didn't forget to mention.
While the jury is still out on how Tata has done in his global ventures, the fact is they have been bold, but not necessarily beautiful.
Ratan Tata, chairman of Tata Motors said that rising costs of fuel and raw materials are the biggest worry for the automobile industry. Tata also warned of tough times for the company as its market share slid in the last financial year.
Tata Sons chairman Ratan Tata on Tuesday said that further investments in West Bengal would be made when there is a "feeling to satisfy that there is no hostility against us".
Tata Sons Chairman Ratan Tata on Friday said the government must stop the 'banana republic kind of attacks', as the real 2G scam was becoming hidden behind a smokescreen.
Call it a coincidence - as Ratan Tata was preparing to hand over the baton of Tata Sons to Cyrus Mistry, Sebi banned Dilip Pendse, former MD of the erstwhile Tata Finance from the capital market for a period of two years.
After turning around the fortunes of the iconic Land Rover, Tata Motors on Tuesday said that it plans to start assembling the high-end SUV in India from next year.
Other corporate leaders, including Biocon chief Kiran Mazumdar Shaw, UB Group Chairman Vijay Mallya and Mahindra Group vice-chairman Anand Mahindra, have also expressed concerns over the current state of economy in the country.
Countering industrialist Ratan Tata's statement, the Bharatiya Janata Party on Thursday said he is "no judge" and his views will not be given much importance as he himself was a "beneficiary" of United Progressive Alliance's telecom policy.
Tata Motors is unlikely to scale down its plans and go back to Singur for a smaller plant.
The TCS board approved a special compensation of Rs 5 crore (Rs 50 million) over and above the Rs 3-crore (Rs 30-million) commission due to him for the last financial year.
The company's domestic market share is down to low single digits from nearly 15 per cent a decade ago and its bread-and-butter commercial vehicle business faces a slowdown as well as intense competition.
Corporate houses like Tata Sons and Wipro have not only seen growth in India but have created a name in global markets too.
The world's cheapest car, the Tata Nano, is being "refreshed" to realise its full potential, says Ratan Tata.
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