Former Chairman and Managing Director of Tata Steel, Russi Mody, 96, passed away in Kolkata on Friday.
On Mody's death, Tata on Friday said, "Russi Mody was an institution at Tata Steel. Under his leadership, the company grew significantly and he instituted many human resource initiatives.
Mody held important positions in Tata group and led Tata Steel till he retired in the early 1990s.
Russi Mody could cut across hierarchy to communicate what he wanted.
'Ratan had the quality that JRD and Russi Mody had -- they could walk with kings and never lose the common touch.'
Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.
Tata group has been a constant in India's sporting landscape and the conglomerate's involvement only grew under Ratan Tata.
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...'
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Ratan Tata has made sure his successor won't have to battle cliques within the group - unlike his own experience after he took over.
Naresh Kumar, who famously mentored a young Leander Paes as India's Davis Cup captain, has passed away.
The perils of thinking of human resources as 'soft'.
Has liberalisation squeezed the personality out of India Inc's leaders?
Amid suggestions aplenty, including from a former Tata Group veteran to choose someone from within the Tata family to head the conglomerate, incumbent chairman Ratan Tata on Friday said only the best would succeed him.
Mody, 92, held important positions in Tata group and led Tata Steel till he retired in the early 1990s.
'I think Ratan felt he had to do everything that he could to retain control of the company started by his forefathers, because that was the first priority and nothing else mattered compared to that.'
Mistry is not the first Tata bigwig to be ousted and Tata is not the only big name which saw a doyen or two leave
Chuni Goswami was in a league of his own -- peerless -- and lived a life that will always be celebrated for being one of India's greatest.
Dr Raghuram Rajan's departure holds lessons for all, be it sections of the media, politicians or the people themselves. We need to learn how to value and retain talent. At the same time the talented must realise that talent alone does not ensure the top job, says Sanjeev Nayyar.
Don't bet everything you have, Lemon Tree's Patu Keswani tells Pavan Lall.
About time the Tata companies that are owned by the public are freed from the clutches of Tata Sons, says Sudhir Bisht.
Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.
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