The toll waiver will be in force from midnight on Monday, he said.
Tata Group chairman Ratan Tata's dream is to see cars run on water and he has invested $15 million in a start-up firm supporting research in the field, an eminent scientist said.
The Federation of the Indo-Israeli Chambers of Commerce (FIICC), on August 6, bestowed the 'Businessman of the Decade' honour upon Ratan Tata, who heads the $71-billion Tata empire.
Ratan Tata is the only Indian among five foreigners to be awarded as part of the 'Honorary British Awards to Foreign Nationals' for 2014.
The Tatas operated the country's first airline. It was later acquired by the government.
Ratan Tata has made investments in his personal capacity in more than 15 start-ups over the last 20 months.
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.
The very fact that Ratan Tata is retiring at 75 speaks volumes of his commitment to managing the Tata companies through values, says Rahul Bajaj.
In a significant development that ends the prolonged speculation about the succession in India's leading corporate house Tatas virtually extended the term of group Chairman Ratan Tata till 2012.
Designing is another critical area for him, especially in the business of furniture.
This is Tata's seventh investment this year.
Tata Trusts have tied up with Google, Intel.
'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?"'
In the midst of an ongoing search process to find Ratan Tata's successor to head the country's biggest corporate house, top leaders from the group have heaped lavish praise on his leadership style.
RatanTata is the only Indian among five foreigners to be awarded Britian's civilian honour this year.
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.
In the letter, Tata, who has been appointed Chairman Emeritus and passes on the baton to 44-year-old Cyrus Mistry, told the employees to live by the 'value systems and ethical standards on which our group was founded'.
Bandhan Bank's managing director (MD) and chief executive officer (CEO) Chandra Shekhar Ghosh (pictured), who has decided to step down, on Wednesday said the bank will need at least three months to identify his successor. He has also written to his employees, asking them "not to worry" over his surprise decision. "Whatever, our experience in the earlier selections, when we selected two executive directors on the basis of that experience we need a minimum three months of time for selection of candidates and then it will go to RBI and then whatever is the time taken by RBI for approval," Ghosh said.
Dismissing adverse comments on Jaguar and Land Rover (JLR) buy, Ratan Tata on Tuesday said the $2.3-billion acquisition of the iconic brands was 'worthwhile' though the subsequent financial crisis posed challenges.
The Tata Sons' chairman emeritus has been aggressively investing in start-ups, ranging from e-commerce firms to cab aggregators
The music of Prem Ratan Dhan Payo is well done, and seems to be exactly what the filmmaker ordered, writes Aelina Kapoor.
Tata Group Chairman Ratan Tata has been conferred an honorary degree of Doctor of Science by the prestigious engineering institute IIT Kharagpur. The award was given in recognition of Tata's outstanding leadership in globalising India and transforming the Tata group as a formidable corporate entity, a press release issued in Mumbai on Tuesday said. Tata has been the Chairman of Tata Sons since 1991. During his tenure, the group's revenues have grown over $ 50 billion.
A new leadership is needed to replace the present culture of indifference.
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
Throughout his two-decade long stint as chairman, Tata has never shied away from any adversary or adversity.
Singur was a "great disappointment" but the Tata Group might still go to West Bengal, hints outgoing chairman of the group Ratan Tata.
Ratan Tata says his successor would be in place by middle of the year.
Says UP misunderstood and underplayed
Tata Motors on Monday commercially launched its people's car, Nano, promising to stick to the Rs 100,000 price tag for the base model.
CashKaro.com works with online retailers like Amazon.in, Paytm, Jabong and ShopClues
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
The Global Indian Award is given to a person who has had an impact on and contributed in some way to the growth of the Indian and global economy.
The 15-member Board of BFA included former Japanese prime minister Yasuo Fukuda, former Malaysian prime minister Abdullah Ahmad Badwai, former Singapore prime minister Goh Chok Tong and former prime minister of France Jean-Pierre Raffarin besides former US Treasury Secretary Henry Paulson.
Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.
The creation of the Nano ranks with major pioneering attempts in manufacturing. It is thus fair to say that Ratan Tata has written himself into the history books.
A shy man, he rarely features in the society glossies, drives himself to work in a Tata car and has lived for years in a book-crammed, dog-filled bachelor flat in Mumbai's Colaba district.
India's Ratan Tata aims to transform his once-stodgy conglomerate into a global powerhouse. But can it thrive after he steps down?
From politicians to entrepreneurs and change makers, Akash Ambani's wedding had some illustrious guests.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
