The world's cheapest car, the Tata Nano, is being "refreshed" to realise its full potential, says Ratan Tata.
Corporate houses like Tata Sons and Wipro have not only seen growth in India but have created a name in global markets too.
Tata, who turned 72 last month, will stay in office till 2012.
United States President Barack Obama, who heads the world's richest economy, on Sunday checked out the world's cheapest car -- Nano. When the powerful US couple was introduced to Ratan Tata, who heads the $72 billion conglomerate, President Obama told First Lady Michelle that this is the person who created the $2,500 wonder car. Eyewitnesses said that Michelle immediately expressed the desire to see the car that revolutionised the auto industry.
The award, announced by Canada India Foundation on Tuesday, carries $225,000 and citation.
Government auditor CAG on Friday pulled up the Income Tax Department (ITD) for allowing irregular tax exemption to two Tata trusts involving tax implication of over Rs 1,000 crore (Rs 10 billion).
Ratan Tata appears to be unusually prone to the misfortune of being "misquoted" or "quoted out of context", from being pressured to bribe a minister to British managers and Mukesh Ambani's display of opulence.
They had to finalise Ratan Tata's successor by the year end and they had already cast their net wide.
Ratan Tata's Tata Steel has been ranked 90th, while mortgage lender HDFC cornered the 92nd position in the world's 100 most sustainable companies list, Forbes said attributing this to the Toronto-based Corporate Knights.
The Tata Group is looking for investments in Bangladesh's steel, power and fertiliser sectors worth $2billion, a media report said in Dhaka on Saturday.
Tata group chairman Ratan Tata has blamed the Bharatiya Janata Party for many telecom flip flops that took place during its regime.
After a marathon meet (lasting over two and half hours) with Bhattacharya and state Commerce and Industry Minister Nirupam Sen, Tata and the chief minister fielded questions from the media.
Infosys co-founder NR Narayana Murthy on Thursday called out "fake news items", which claimed he endorsed automated trading applications and warned the public not to fall for such fraudulent claims. He also slammed "fake interviews" that used "deepfake pictures and videos" of him. In a series of posts on X, Murthy drew the attention of the public to false content being put out by malicious sites and products or services being sold fraudulently using his name and urged people to report any such instances to the concerned regulatory authorities.
The Tata Group on Wednesday announced that it would set up a cancer hospital in Kolkata and make further investment in West Bengal.
Ratan Tata, chairman of the Tata Group, feels that after the successful launch of his dream project -- the Rs 1-lakh car -- will ideally be the nice time for him to retire from active business life, a media report said in London.
Tata group chairman Ratan Tata on Tuesday came out in support of the West Bengal government for offering shares of Haldia Petrochemicals Limited to state-owned Indian Oil Corporation -- a decision contested by HPL's principal promoter, the Chatterjee
The Chairman Emeritus of the Tata Group said that the recent steps by the government have restored investors' confidence in the country, but more needs to be done.
The company commenced production in January, 1999. While it achieved the 100,000th car in March 2001, and the 500,000th car in February, 2005, the progression from the 900,000th car to the millionth car was achieved in just 7 months.
"If need be we will move and relocated the Nano project elsewhere. Relocation will cost both the Tatas and the West Bengal government, but I will not bring my employees here if they will be beaten up," the Tata Group chairman said.
The terror attacks in Mumbai revealed deficiencies in law enforcement, especially in the areas of crisis response and management, Ratan Tata, owner of the Taj hotel, which bore the brunt of the carnage, has said.
Come Sunday, India's automobile industry will achieve a unique distinction of showcasing both the world's cheapest car Nano and two of the costliest brands -- Jaguar and Land Rover -- from the Tata Group.
Tata Motors is developing higher capacity engines for its Nano car, to target domestic as well as foreign markets.
He added that Suzuki could not build a car for the same price as the Nano without sacrificing quality and standards.
Economic reforms in India are being hampered by interventions from business pressure groups and politicians, including Left parties who support the ruling United Progressive Alliance government at the Centre, Tata group chairman Ratan Tata said.
"A reclusive construction tycoon" is how an industry captain, who claims to be his friend, describes Cyrus. In that sense, he has striking similarities to the man he is succeeding and who he admires the most. Even after so many years of staying in the limelight, Tata also remains low-key and shy.
Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.
Tata group leapfrogged over 100 positions from last year's 124th rank in the annual 'Global 200: The World's Best Corporate Reputations' list, compiled by US-based Reputation Institute. The global list, which includes 10 other Indian companies, has been topped by Japanese auto maker Toyota, followed by US-based internet search giant Google, Sweden's Ikea, Italy's Ferrero and another American firm Johnson & Johnson.
Critical of the "unauthorised" release of tapes of his conversation with PR consultant Niira Radia, the US $ 73 billion Tata group chief Ratan Tata may move the Supreme Court on Monday to seek action against those behind the leak.
"The chief minister has written to Tata requesting him to restart work at the Nano plant at Singur," Industry Minister Nirupam Sen told reporters in Kolkata. In his letter, Bhattacharjee promised to extend all help and cooperation to the Tatas. On speculation that the Tatas might shift their project from the state, Sen said the company had not yet taken the decision.
Amari is on an official five-day visit to India which began against the backdrop of talks on a free trade agreement in the Indian capital last week that ended with big differences.
Following the horrific terror attacks in Mumbai that have left more than 100 people dead and 300 injured, Ratan Tata, chairman Tata Sons and of Indian Hotels Co Ltd -- which owns the Taj group of hotels -- has condemned the killing of innocent people.
The ambitious Rs 1 lakh car by Tata Motors may be launched between 2007 and 2008 even as factors like inflation and cost of steel may make it difficult to maintain the price line.
Over four months ago the Foreign Investment Promotion Board cleared a proposal for the setting up of a new airline, AirAsia India, by Malaysian carrier AirAsia which has joined hands with the Tata Group and Arun Bhatia of Telestra TradePlace in a 49:30:21 joint venture partnership.
