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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.
The job of Tata Sons chairman might be the most prestigious in India Inc, but it comes loaded with challenges.
Tata Sons Chairman Ratan Tata has been awarded a Lifetime Achievement Award by the prestigious Rockefeller Foundation for innovation in philanthropy.
Unlike his predecessor, JRD Tata, who in 1991 handed over to him the chairmanship of Tata Sons as well as control of the trusts, Ratan will continue to retain control of the latter.
To say that Ratan Tata leaves behind a huge legacy would be a gross understatement.
Readers Varun Parthasarathy sent us this image from Chicago.
The Tata Group chairman may have gone overboard in his criticism of a profession called journalism.
Ratan Tata says the group plans to look to other emerging economies for expansion.
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 said this in an interview to L'Espresso, an Italian media company. An excerpt from the interview quoted Tata as saying, "I have two passions in my life -- cars and aircraft. I have always dreamt of being able to be a fighter pilot and I confirm my desire to participate in the shareholding of Ferrari."
Members of the Parsi community, business leaders and politicians were among those who attended the cremation.
Mistry was groomed for the assignment by Tata for a year.
Mitra said that Tata group firm TCS was creating additional 20,000 jobs.
Ratan Tata has made sure his successor won't have to battle cliques within the group - unlike his own experience after he took over.
Stung by Ratan Tata's accusation that competitors were fuelling the controversy over Tata Motors' car project at Singur in West Bengal, Maruti dared Tatas on Wednesday to name the competitor.
Far from public glare, company is investing in tech firms and providing consultancy.
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.
We have not paid Rs 20 crore as bribe to former telecom minister A Raja, says Ratan Tata.
'These are the people that have worked for you. These are the people who have served you all their careers. You send them out to live in the rain. Is that your definition of ethics when you treat your labour force that way?' the titan asks.
Tata Nano's potential was not fully exploited and the world's cheapest car needed another push to boost sales, said Tata Motors Ltd Chairman Ratan Tata.
Tata Group supremo Ratan Tata on Wednesday blamed competitors for "fueling" fire in the controversy over the proposed Rs 1-lakh car project at Singur in West Bengal, but resolved not to pull out of the state.
Tata has emerged as a major venture capital investor since his retirement.
Tata group chief Ratan Tata on Friday remained non-committal on the ongoing tussle with the Birla group on their GSM joint venture Idea.
His investment in Paytm is in his personal capacity.
A lot if you think of it! For starters, image strategist Avneet Kohli lists out six life lessons.
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.
Tata proposes to now begin looking for a successor and remains firm on his retirement plans.
He said they will need to strive for excellence while personally upholding high ethical standards and values.
Tata Indica, the Tata Group's big passenger car bet, was not delivering expected returns a year into its launch. Desperate, the Tata Motors brass, led by Ratan Tata, acceded to a meeting request from Ford Motors for a possible sale of the passenger vehicles division to the American auto major. Some people had advised Tata to sell the business, and the Ford officials came to Bombay House to hold talks.
Diwan Arun Nanda, founder of Rediffusion and one of India's last great admen, changed the industry with memorable campaigns, political ads, and a rare mix of sharp strategy and creativity.
Those in charge of the search for a suitable successor to Ratan Tata, who heads the group that bears his name, seem to be sweating for a solution.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
Tata plans to do what he has always been passionate about -- set up a design centre of international standards and scale.
Last month, through Fruition, one of his biggest initiatives, 20 post-graduate research students enrolled at the Tata Centre for Technology & Design at Indian Institute of Technology (IIT) Bombay.
"Thank you so much for such great honour and this rather humbling introduction. I am deeply moved and I hope I can live up to the expectations you have as to last for 10 years," said Tata.
