Who could be India's Obama who could unite the country and march the nation forward at a traumatic time? US business magazine Forbes feels it is industry captain Ratan Tata.
Tata's comments come a little over two weeks after JLR management and its workers agreed to a two-year pay freeze, subject to no compulsory layoffs for the next two years. This is also the first time the Tata chairman has made a direct public appeal to the UK government for credit support.
For the group's top firms, return on net worth is now 27 per cent, compared with 17 a decade ago.
Industry greats like Ratan Tata, Lakshmi Mittal, Narayana Murthy and P R S Oberoi have been nominated for this years Padma Vibhushan.
Vision 2025 to focus on four clusters; aim is to join the global club of top 25 companies.
This was how a despondent Ratan Tata, who once said he will not pull out of Singur even at gun-point, on Friday summed up his group's "painful" decision to exit the Rs 1-lakh Nano car project from West Bengal.
After showcasing the yet-to-be-named car (Ratan Tata calls it "the people's car") in the capital, the company is planning a similar splash at the Geneva Motor Show in March, a company spokesman confirmed.
'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'
Five years after his promise to build a people's car, Ratan Tata will hand over the key of his dream project--the Nano- to its first customer on Friday.
'The Tata group will need for its new leader to show the same foresight and willingness to go against conventional wisdom at times to keep the group's aspirations high and uphold the values of innovation, ethics, corporate responsibility, trust and leadership that are frequently associated with the Tata name.'
Shapoorji and Pallonji Group to contest Cyrus Mistry's ouster from Tata Sons
Powered by Ziptron technology, the electric SUV for the personal segment comes with a range of 312 km on a single charge and a high voltage system, fast charging capability, extended battery life and class leading safety features. Besides, it has 35 connected car features as well. The Nexon EV will be available in three trim levels across 60 authorised dealerships in 22 cities, the company said at the launch.
Tata Group Chairman Ratan Tata, Infosys Technologies CEO Nandan Nilekani, Wipro Chairman Azim Premji and Reliance Industries Chairman Mukesh Ambani are the four Indians in Asia's 25 most powerful business leaders list by the Fortune magazine.
"I hope there's a bad 'M' and a good 'M'," Ratan Tata quipped shortly after Gujarat became a new home for his Nano small car project.
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
Mody held important positions in Tata group and led Tata Steel till he retired in the early 1990s.
After Rs 800 million makeover, Bombay House reopened on July 29, 2018. The earlier dull interior with low technology has given way to a lot more colour and vibrancy.
Experts say the impact is limited to investors and potential employees and may ease out in the next few months
It is a reinforcement of the principles and forthrightness that prevails in our judicial system, which should make all of us proud of our country and its democracy.
Balwa, who is accused along with 16 others in the case, claimed that he cannot be prosecuted for pushing back Tata in the race as the firm was never in the race to get the 2G spectrum licence
Tata was concerned that most innovations were happening outside India, some by Indians.
The government said on Wednesday that it would consider on commercial ground the request from Ratan Tata to route international long distance traffic of state owned Bharat Sanchar Nigam Ltd through Videsh Sanchar Nigam Ltd.
Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.
For more than 900 million ordinary Indians, the launch of the Rs 1-lakh car is a rare moment when they feel like they are being taken care of by the rich and the mighty, says Sheela Bhatt.
The commercial vehicle business is one of the mainstays for the Tata group, highlighting the importance of Girish Wagh's appointment.
Corporate magnate Ratan Tata on Friday said that Congress general secretary, Rahul Gandhi had opened a door for investments in Jammu and Kashmir.
'After Om's untimely demise, he would call us every Sunday for the next two years to ask, "How are you doing my dear? How's the young fella?"'
Insurer likely to support Ratan Tata; reduction in stake might have been profit booking.
'And he was really trying just to do the best by the shareholders, and by the laws of India.'
The constituency of Mumbai South, home to industrialists as well as high-ranking government officials, fared the worst with 47.7 percent voting.
Ahead of the board meeting that afternoon, in fact only minutes before that, then chairman Cyrus Mistry was given an opportunity to step down, it is learnt. But, Mistry declined
Twitter accounts of leading industrialist Ratan Tata and Trai chairman R S Sharma were also hacked
'Cyrus was always very different. He would think before acting.'
Indian business spreads its footprint across the globe.
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