The award will be presented in Mumbai on September 23 during Frost & Sullivan's annual Growth, Innovation and Leadership Executive Congress, the global consulting firm said in a statement.
In 2010, Ratan Tata had spoken of how he had to abandon plans to launch an airline because he refused to pay bribes to secure the necessary approvals.
Ratan Tata, chairman of the Tata Group, has been conferred the honorary degree of Doctor of Law for his role in producing the world's cheapest car Nano.
The Tata Trusts, led by the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, hold a 66 per cent stake in Tata Sons, the Tata group's holding company.
'The quality of a leader should be such that even if the leader is not there, the institution carries on.'
Company chief Tony Fernandes said the name of Chairman for AirAsia India board would also be disclosed soon
The inclusion of a "no-contest" clause in Ratan Tata's will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.
RatanTata is the only Indian among five foreigners to be awarded Britian's civilian honour this year.
He will recommend innovative methods and processes for the improvement.
Ratan Tata has achieved change and success, with dignity.
Veteran industrialist Ratan Tata was conferred the title of "Global Visionary of Sustainable Business and Peace" by the Federation of Indo-Israel Chambers of Commerce (FIICC) for epitomising "unity, peace and sustainability". "Ratan Tata's support toward Israel has been unstinted. His commitment to put India on the global map with dignity and respect has been noted by each and everyone. "A man respected by the business communities of all the three countries - India, Israel and UAE - he epitomises unity, peace and sustainability," the president of the bilateral chamber, Gul Kripalani, said.
Says UP misunderstood and underplayed
Former Tata Group chairman Ratan Tata on Thursday questioned, in the Supreme Court, the government's motive in tapping telephonic conversations of Niira Radia with top politicians, bureaucrats and businessmen including him, and suggested it might have been done for political purposes.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
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'.
Mistry was groomed for the assignment by Tata for a year.
Readers Varun Parthasarathy sent us this image from Chicago.
The job of Tata Sons chairman might be the most prestigious in India Inc, but it comes loaded with challenges.
Mistry is expected to take over the mantle of the salt to software giant in Deecmber, 2012 after Ratan Tata retires.
After months of discord, the Tata Trusts appear to be moving towards reconciliation, with recent reappointments and open exchanges signalling a return to cooperative governance.
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil
Mitra said that Tata group firm TCS was creating additional 20,000 jobs.
To say that Ratan Tata leaves behind a huge legacy would be a gross understatement.
His investment in Paytm is in his personal capacity.
A family priest performed the prayers as per Parsi tradition before the last rites.
The Supreme Court in its order said it was not open for SP group companies to call Ratan Tata a "shadow director" when the board of which Cyrus Mistry was chairman had nominated him as chairman emeritus of the USD 100 billion salt-to-software Tata group.
In a rare honour, chairman of Tata group of companies, Ratan Tata was on Wednesday made honorary economic advisor to the booming east Chinese city of Hangzhou.
Ratan Tata will step down in December next year after he turns 75.
Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record
But even if we set aside suspicions of future nepotism, the search committee could have saved itself a lot of time if it had taken that decision from the start.
In a country where wearing lipstick could still invite disapproval, Simone Tata understood that Lakmé's future depended on shifting attitudes.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
Ratan Tata, the outgoing chairman of over $80-billion Tat Group, on Thursday introduced his successor Cyrus P Mistry to Gujarat Chief Minister Narendra Modi during a courtesy visit to his residence in Gandhinagar, a top state official said.
About time the Tata companies that are owned by the public are freed from the clutches of Tata Sons, says Sudhir Bisht.
Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.
Ratan Tata created India's first truly multinational business group. As he prepares to step down, the bar's been raised sky-high for his successor.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
The Tata Sons' chairman emeritus has been aggressively investing in start-ups, ranging from e-commerce firms to cab aggregators
Tata Group's Chairman Emeritus Ratan Tata said corporates who are eager to please the shareholders need also to focus on social issues such as these.