Maharashtra cabinet on Thursday passed a resolution urging the central government to confer 'Bharat Ratna', the country's highest civilian award, on legendary industrialist late Ratan Tata.
Tata proposes to now begin looking for a successor and remains firm on his retirement plans.
Ratan Tata had only good intentions when he said he conceived the Rs 1 lakh car as he cared for the safety of those using two-wheelers. But Bajaj Auto Chairman Rahul Bajaj thinks its just a ploy to market the vehicle.
The top agenda of the meeting includes a review of Tata Trusts representation on the Tata Sons board.
Tata Group chairman Ratan Tata has been awarded the 2010 CIF Chanchlani Global Indian Award. It will be presented to him at Canada-India Foundation Annual Gala scheduled for May 15 in Vancouver, says Barj Dhahan, gala chair and co-chair of CIF.
In a December 2012 interview, Ratan Tata, then preparing to step down as chairman of Tata Sons, expressed doubts about the Tata group re-entering the aviation sector, calling it a space plagued by "destructive competition". But beneath that frustration lay nearly two decades of failed attempts to conquer the Indian skies. In 1994, Tata, along with Singapore Airlines, had plans to launch a joint venture (JV) airline in India.
We have not paid Rs 20 crore as bribe to former telecom minister A Raja, says Ratan Tata.
After he took the reins of the group in 1991 amid stiff resistance from within, his task was to stop the breaking down of systems established by his predecessor J R D Tata.
We should be concerned about unconfirmed sensationalized stories in the media to sell publications, the manipulation of policy by power brokers and powerful vested interest groups to meet their self-serving desire to continue protection, Ratan Tata tweeted.
Tata Group Chairman Emeritus Ratan Tata on Friday met Maharashtra Navnirman Sena (MNS) chief Raj Thackeray at his residence in Mumbai.
Ratan Tata is Maharashtra's first Udyog Ratna.
Media persons mobbed Ratan Tata for comments on the controversy over the small-car project in West Bengal and also on the race to acquire Anglo-Dutch steel giant Corus.
He said they will need to strive for excellence while personally upholding high ethical standards and values.
Tata Group Chairman Ratan Tata arrived in Dhaka on Wednesday on a three-day visit during which he will hold discussions with the government about his $2 billion investment plans in Bangladesh.
The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.
The deferral of Natarajan Chandrasekaran's re-appointment as Chairman of Tata Sons has sparked questions regarding a previous unanimous resolution by Tata Trusts and potential internal disagreements.
Ratan Tata, an iconic corporate leader, retired as Chairman of the $100-billion Tata Group after a 50-year run, on his 75th birthday.
Ratan Tata: A Life, the much awaited biography, reveals that after a year of 'parallel running', Tata began having second thoughts about Cyrus Mistry's 'suitability'. 'Mistry targeted Ratan, the man who had elevated him from virtual oblivion into the mainstream of the Tatas...'
Soon after the Supreme Court of India upheld all the appeals filed by the Tata group and set aside the order of the National Company Law Appellate Tribunal reinstating Cyrus Mistry as group chairman, Ratan Tata, chairman emeritus of Tata Sons and chairman of Tata Trusts, took to Twitter to share his views.
Stating that Tatas did not have a 'captive' connection to counter a media campaign against it by an unholy nexus between certain corporates and journalists, Tata Group Chairman Ratan Tata on Thursday said that this necessitated engagement of external PR service provider Niira Radia.
The Chairman of the $100-billion conglomerate has also hit out at the Opposition, media and 'some members of ruling party', saying it is 'grossly misdirected' to single out the Prime Minister and blame him for the economic woes that the country is facing at present.
Indian Hotels Co plans to reopen the 106-year old Taj's heritage or Palace wing in phases till April 2010.
At a time when the Indian automobile industry is strongly opposing lowering of import duty in the proposed India-European Union Free Trade Agreement, Tata Group chairman Ratan Tata has favoured cutting tariff on vehicles and components coming from overseas.
A division bench of Justices Ranjit More and Bharati Dangre on Monday quashed and set aside the proceedings.
'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'
Tata had announced two-pronged strategy to give opportunities to students and entrepreneurs in the Kashmir Valley which includes supporting setting up of venture capital units.
Tata Group chairman Ratan Tata has said that power and wealth are not his two main stakes and ruled out joining politics after his retirement in 2012.
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
Ratan Naval Tata, a prominent industrialist, philanthropist, and former Chairman of Tata Sons, has been admitted to the intensive care unit (ICU) at Breach Candy Hospital in Mumbai, reports Mid-Day newspaper.
Wagging its tail non-stop, the dog with a red collar refused to leave Tata's side, literally clinging to the spot next to the casket.
Shares of Tata Group companies on Thursday rose up to 10 per cent, with Tata Chemicals and Tata Teleservices among the major gainers. Tata Sons Chairman Emeritus Ratan Tata, who played a key role in transforming the group into a global conglomerate, passed away late on Wednesday. He was 86. "Investors can pay tribute to Ratan Tata and the great corporate empire he built by buying stocks like TCS, Tata Motors, Tata Steel, Tata Consumer and Indian Hotels.
The Delhi High Court has ordered a journalist not to host an award event using the name "Ratan Tata National Icon Award" or the trademarks "Tata" and "Tata Trusts". The court found that Ratan Tata's name and the Tata trademarks are protected and that the journalist's use of them was unauthorized. The case was filed by Sir Ratan Tata Trust and Tata Sons Pvt Ltd, who alleged that the journalist's actions caused harm to their reputation and goodwill. The court also ordered the journalist to stop using the logo and pictures related to Ratan Tata and Tata Trusts.
UK-based news magazine, The Economist, on Monday named Tata Group Chairman Ratan Tata as the winner of the eighth edition of its annual 'Business Process Innovation Award' for the successful development and launch of the world's cheapest car, the Tata Nano.
Expressing condolences on the demise of the doyen of Indian industry and Chairman Emeritus of Tata Group, Finance Minister Nirmala Sitharaman on Thursday said he has left an indelible mark on society. "Saddened by the passing away of Shri Ratan Tata, a leader par excellence, visionary industrialist, and philanthropist whose contributions have left an indelible mark on our society," Sitharaman said in a post on X.
Tata will step down as chairman of Tata Sons and other group companies in December-end after a stint of over 21 years.
"'His mantra was simple yet profound: Be number one or be ready to be wiped out. There's nothing in between," he used to say and it was a reminder for all to always aim high, to push boundaries, and to strive for excellence.
'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.
In a bid to give a fillip to the rapidly expanding telecom business, Tata Group chief Ratan Tata on Tuesday took charge as chairman of the privately held company, Tata Teleservices.