Ratan Tata
Chairman, Sir Ratan Tata Trust and Allied Trusts- Ratan Naval Tata studied architecture and structural engineering in New York's Cornell University, and completed his Bachelor of Science degree in 1962. He joined the Tata Group later that year after a brief stint with Jones and Emmons in Los Angeles
- After working in various group companies, including TELCO (now Tata Motors) and TISCO (now Tata Steel), he was appointed as the chairman of Tata Industries in 1981. He eventually went on to become the group's fifth chairman in 1991, succeeding his uncle J.R.D. Tata.
- In his tenure, Ratan Tata restructured the group as he slashed the number of companies in the group from over 300, and bought new businesses with growth potential
- Under his chairmanship, various group companies of Tata Sons went on to generate huge revenues and he turned the salt to software conglomerate into a $100 billion group
- Ratan Tata also steered the conglomerate’s overseas expansion deftly as various Tata Group companies acquired big global brands
- In 2000, the UK-based Tetley was acquired by Tata Tea (now Tata Consumer Products Limited) for $407 million and is now sold in over 40 countries.
- Ratan Tata helped Tata Motors in acquiring Daewoo Commercial Vehicles for $102 million in 2004. It was then the largest Indian takeover in Korea
- In the biggest-ever foreign takeover by an Indian company, he led Tata Steel to acquire the Anglo-Dutch steelmaker Corus in 2007 for $12.2 billion. The deal catapulted the brand into becoming the world's fifth-largest steelmaker
- A year later, Tata Motors acquired two quintessential British cars Jaguar, and Land Rover - from Ford for $2.3 billion. Tata himself was directly involved in the turnaround plan of the company, and by 2017, JLR’s revenue topped $34 billion
- In a path-breaking move, Ratan Tata launched Nano at the Auto Expo in 2008. Dubbed as the cheapest car, Nano took Tata Motors to the world stage making it a case study in many business schools
- At the age of 75, Ratan Tata stepped down in December 2012 after completing 50 years in the group. He came back briefly for two-and-a-half months in 2016 after Tata Sons sacked Cyrus Mistry and before N Chandrasekaran was appointed as Chairman.
- His post-retirement investment includes buying stakes in over a dozen startups. He also continues to be involved with the Tata Trust, the charitable organisation of the Tata group founders which focuses on tackling child malnutrition, healthcare, literacy and social justice
Before you go ...
- Ratan Tata has received numerous honorary degrees as well as the Government of India's second and third highest civilian awards: the Padma Vibhushan in 2008 and the Padma Bhushan in 2000
- He holds a licence for flying and is a trained pilot. He is the first civilian to fly an F-16
- He was inspired to launch the Nano when he saw a family of four on a motorcycle trying to navigate their way as heavy rains lashed Mumbai. The sight of the kids being sandwiched between the mother and father, provoked him to experiment with an option that would be heavily subsidised and yet safe
Ratan Tata News
- Do not allow outside interference in factory operations: UP CM Adityanath at Tata eventUttar Pradesh Chief Minister Yogi Adityanath stressed the need to prevent external interference in factory operations. His remarks followed recent worker unrest in Noida. Adityanath spoke at a Tata Motors event in Lucknow, celebrating the rollout of the one-millionth bus. He highlighted the company's contribution to employment and youth development.
- Quote of the day by Ratan Tata: “I don't believe in work-life balance. I believe in work-life integration. Make your work...”Ratan Tata advocates for work-life integration, not balance. He believes aligning work with values and passions creates a fulfilling life. This approach reduces stress and enhances well-being in today's fast-paced world. By choosing meaningful work and setting clear priorities, individuals can achieve harmony. Focusing on fulfillment over mere success leads to a more satisfying existence.
- Rise of Neville Tata: A retail whiz grows into a boardroom playerNeville Tata's induction into the Sir Ratan Tata Trust marks a significant generational transition within the Tata Group's philanthropic and corporate ecosystem. This move, following his entry into the Sir Dorabji Tata Trust, consolidates authority under his father, Noel Tata, and embeds the next generation into the group's governance architecture.
- India remembers Ratan Tata on his 88th birth anniversaryIndia is remembering Ratan Tata on his 88th birth anniversary. Leaders and Tata Trusts paid tribute to the industrialist and philanthropist. His vision for strategic philanthropy and nation-building continues to inspire. Tata's legacy in transforming Indian enterprise and his commitment to service are being celebrated.
- Atmanirbhar beauty: How India got its first desi makeup brandSimone Tata, who passed away at 95, was instrumental in shaping India's first indigenous beauty brand, Lakmé, in 1952. Her leadership transformed the brand into a cultural marker, redefining beauty and self-expression for Indian women. Tata later sold Lakmé to Hindustan Unilever and founded Trent, a successful retail business.
- Ratan Tata's step-mother Simone Tata, who built Lakmé and Westside, passes away at 95Simone Tata, step-mother of Ratan Tata, has passed away at 95. She was a key figure in building Lakmé and founded Trent Ltd. Simone Tata played a significant role in India's beauty and retail sectors for over four decades. She was instrumental in establishing Westside under Trent. Her contributions shaped the industries significantly.
- Ouster from Tata Sons pre-planned and orchestrated, says Tata Trusts' Vijay SinghTata Trusts will see a return to its former structure with experienced and younger Tata family members joining. This follows recent trustee disagreements and the removal of Vijay Singh. The changes aim to restore balance within the Trusts. New members are expected to contribute to the Trusts' philanthropic work. The situation has stabilized for now.
- Tata Trusts: Darius Khambata questions fellow trustees' stand on 'doctored narrative'Tata Trusts: In a recent communication to the chairman and fellow trustees of Tata Trusts, Khambata firmly dispelled allegations of a coup or takeover linked to recent strategic choices. He elaborated on his stance regarding representation on the Tata Sons board, advocating for a more pronounced presence of the Trusts.
- ET Exclusive: New Maharashtra rule to impede Tata Trustees' plansA new Maharashtra government rule limits lifetime trustees. This ordinance will affect Tata Trusts' governance structure. Perpetual trustees will now be a minority on trust boards. This change comes after Tata Trusts decided to grant lifetime terms to existing trustees. The rule impacts appointments and reappointments of trustees. Tata Trusts may need to restructure its boards.
- Mehli Mistry decides not to contest Tata Trusts’ decision to end his tenure, quotes Ratan TataMehli Mistry has decided not to challenge his removal as a trustee of Tata Trusts, aiming to prevent controversy and protect the institutions' reputation. He stated his commitment to Ratan Tata's vision and believes escalating the matter would cause irreparable harm. This move follows his earlier caveat filed with the Charity Commissioner.
- Mehli Mistry decides to step down as Tata Trusts Trustee, cites commitment to Ratan Tata’s idealsMehli Mistry has stepped down as a Trustee of three key Tata Trusts. This decision comes after recent reports concerning his trusteeship. Mistry stated his resignation aims to prevent controversy that could harm the philanthropic organisation's reputation. He emphasized his commitment to Ratan Tata's vision of ethical governance and integrity. His departure is effective from October 28, 2025.
- Another October ouster: Mehli Mistry's Tata exit echoes an old riftMehli Mistry, a long-time Tata Trusts trustee, has been voted out by a majority decision, ending his tenure effective October 28. The ouster follows disagreements over trustee reappointment and information sharing from Tata Sons board meetings. Mistry's exit marks a new chapter for Tata Trusts under Noel Tata's leadership.
- Mehli Mistry: The veteran who once chose Ratan Tata over his family now faces ouster from Tata TrustsMehli Mistry, once among Ratan Tata’s closest confidants, is set to exit Tata Trusts after chairman Noel Tata, vice chairman Venu Srinivasan, and trustee Vijay Singh declined to renew his term, effectively ending his tenure at the apex charitable bodies. With three trustees opposing the renewal, the decision forms a majority at both Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT), which together control 51% of Tata Sons.
- Noel Tata, others unlikely to okay Mehli Mistry's renewalTata Trusts trustees Noel Tata, Venu Srinivasan, and Vijay Singh may not approve Mehli Mistry's reappointment. Mistry's term ends soon, and a renewal vote is expected. This disagreement could spark legal battles. Mistry was seen as opposing Tata and other directors. Unanimity has been a norm for trustee appointments, but recent decisions have broken convention.
- Mehli Mistry sets rare condition for trustee renewal at Tata Trusts amid simmering differencesTata Trusts trustee Mehli Mistry has approved Venu Srinivasan's reappointment as trustee and vice chairman, but his approval is conditional on all future trustee renewals being unanimous. This condition applies to Mistry's own upcoming renewal as well. The move comes amid ongoing differences within the trusts.
- Tata Trusts reappoints Venu Srinivasan for life; focus shifts to Mehli Mistry amid internal riftsTata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life. All eyes are now on the upcoming decision regarding Mehli Mistry's renewal. This comes amid reports of internal divisions within the organization. The reappointment of Srinivasan was unanimous. The focus now shifts to Mistry's reappointment, with opinions divided on the process.
- Tata Trusts board meets amid infighting among trusteesTata Trusts board met Friday, focusing on routine projects. This follows a meeting with Union ministers. A rift among trustees over board appointments and governance has emerged. The dispute centers on nominations to the Tata Sons board. Vijay Singh resigned from the Tata Sons board after his reappointment was rejected. The situation impacts the Tata conglomerate.
- Ratan Tata once took an F-18 for a spin in the skies, and the world still talks about itRatan Tata, a visionary industrialist, is remembered for his grace, grit, and generosity. His legacy extends beyond business, highlighting a life of leadership with intellect and empathy. Tata's passion for flight, exemplified by piloting fighter jets, mirrored his daring spirit. He championed animal welfare and supported employees during crises, embodying a profound sense of humanity and moral duty.
- The five ways Ratan Tata taught India compassion, courage, and careToday marks the first death anniversary of Ratan Tata. His life showed business skill and deep empathy. He cared for animals and supported employees. Tata guided young entrepreneurs and helped victims of tragedy. His humility and courage inspire many. His legacy goes beyond business, touching hearts across India and the world.
- A year after Ratan Tata’s death: Legacy, leadership & turmoil at Tata groupOne year after Ratan Tata's passing, his legacy as a visionary leader and philanthropist is celebrated. However, the Tata Group faces internal turmoil within Tata Trusts, impacting the $180 billion conglomerate. Tata's leadership transformed the group, venturing into new sectors and expanding globally.
- Tata gets clear signal from Shah and Sitharaman to ‘do what it takes’ and restore group stabilityUnion ministers Amit Shah and Nirmala Sitharaman met Tata group leaders to address internal discord within Tata Trusts. The government urged swift action to prevent the power struggle from impacting Tata Sons, emphasizing the Trusts' public responsibility due to the conglomerate's economic significance. Discussions also covered Tata Sons' public listing and liquidity for the Shapoorji Pallonji Group.
- Google Gemini Nano Banana AI Saree trend roasted by Ratan Tata’s aide Shantanu Naidu, says 'saree tumhare kapaat mein hai'The Google Gemini Nano Banana AI Saree trend is sweeping social media, transforming selfies into glamorous Bollywood-inspired portraits. Shantanu Naidu, Ratan Tata's aide, playfully criticized the trend, questioning why people use AI for something readily available in their wardrobes. He encouraged embracing real sarees and authentic moments over AI-generated images, promoting genuine beauty and experiences.
- Real-estate tycoon Dr Niranjan Hiranandani reveals how a phone call from Ratan Tata changed everythingDr Niranjan Hiranandani has opened up about a personal call from Ratan Tata just weeks before the business icon’s passing. Tata invited him to join the Tata Parkinson Trust as co-trustee, a role Hiranandani accepted immediately. Reflecting on his own journey, he spoke about failures, resilience and projects that redefined real estate in India. From a failed textile mill to landmark townships, his story shows how persistence shaped his career. Today, he stands among India’s most respected property pioneers.
- Tata Sons AGM marks SP Group thaw, Noel Tata joins boardAt the Tata Sons AGM, the Shapoorji Pallonji Group approved all resolutions, signaling improved relations. Discussions are underway regarding SP Group's potential exit and monetization options, with Tata Sons exploring avenues. Revenue has nearly doubled and net profit has more than tripled over the past five years, with the group adopting a 'fitness first, velocity next' mantra.
- Tata Sons shareholders approve appointment of Noel N Tata as director, all resolutions passed unanimously at AGMTata Sons' shareholders unanimously approved all six resolutions at their annual general meeting, including the appointment of Noel N Tata as a director following Ratan Tata's passing. The Shapoorji Pallonji Group supported all resolutions, which also included the reappointment of Venu Srinivasan and Anita Marangoly George as directors.
- Tata Motors to drive Iveco’s CV business for $4.4 billion, the group's biggest cross border M&A since CorusTata Motors is set to acquire Iveco from the Agnelli family for $4.4 billion, marking its largest automotive acquisition since Jaguar Land Rover. This move aims to bolster Tata's commercial vehicle arm with advanced technology and global market access, pending regulatory approvals and expected to close by April 2026.
- 'Even Ratan Tata was not married': Actress Nithya Menen opens up on her multiple heartbreaks in love and her single statusNithya Menen, known for her romantic roles, reveals her personal experiences with love have been challenging, leading her to prioritize self-worth over finding 'the one.' She emphasizes that marriage is not a priority, liberated from societal expectations and content with a fulfilling life outside conventional romantic relationships.
- Tata Group sets up safety panel consisting top CEOs; Chairman Chandrasekaran admits more needs to be doneTata Sons Chairman N Chandrasekaran says safety is now top priority across the Tata Group as it plans fresh expansion. He confirmed a new safety group led by CEOs is reviewing standards across companies. Speaking at the Indian Hotels Company’s AGM, he laid out an ambitious plan to reach 700 hotels worldwide by 2030 and double IHCL’s revenue. Chandrasekaran also remembered Ratan Tata and the victims of the recent Air India crash while highlighting India’s steady travel and services growth.
- Future 'very strong and bright' as India's consumption boosts travel: Tata Sons Chairman N ChandrasekaranTata Sons Chairman N Chandrasekaran anticipates a robust future for India's travel sector. Growing consumption will fuel this expansion. Indian Hotels Company Limited aims for 700 hotels globally by 2030. They also target doubling revenues to over Rs 15,000 crore. Chandrasekaran acknowledged Ratan Tata's passing and India's resilience post-pandemic. IHCL's portfolio has expanded significantly.
- Who owns the last Nano car built by Tatas? He shares an emotional post for Ratan TataThe last Tata Nano, affectionately named "Lily," has resurfaced, evoking memories of Ratan Tata's vision to provide affordable and safe transportation for Indian families. Shantanu Naidu, Ratan Tata’s former assistant, shared photos of Lily, emphasizing its significance as a symbol of a fulfilled promise and engineering legacy.
- Tata Steel confident to complete green steel transition in Europe as planned: Chairman N ChandrasekaranTata Steel is on track to transition to green steel manufacturing in the UK and Netherlands within the next few years. The UK operations are moving towards electric arc furnace-based steelmaking by fiscal 2028, supported by government funding. In the Netherlands, discussions are ongoing for financial support, alongside a cost transformation program.
- Akshay Kumar's first pay was Rs 5,000. Now his net worth is Rs 2,500 crore and owns villas across the world. Check his source of incomeAkshay Kumar's journey from a modest start to a Bollywood icon is remarkable. He earns crores per film and boasts a massive net worth. His empire includes production houses like Cape Of Good Films. He owns fashion label Force IX and investments in sports like kabaddi. Kumar also backs startups and owns properties globally.
- 2,013 Indian wealth creators are worth Rs 100 lakh crore, Ambanis top the listA new report reveals that 2,013 Indian wealth creators possess Rs 100 trillion in assets. Akash Ambani and Anant Ambani top the list with Rs 3.59 lakh crore each. Women constitute 24% of India's total wealth. Isha Ambani is the richest woman business owner. Mumbai leads with the highest number of wealth creators.
- Study links the genius of Ratan Tata, Steve Jobs, Bill Gates, and Mark Zuckerberg to this quirky trait: Do you share this success secret?A new study reveals that left-handed CEOs like Steve Jobs, Bill Gates, and Ratan Tata may owe part of their success to their dominant hand. Researchers found left-handed leaders drive more innovation, unique patents, and stronger financial returns. The surprising link suggests that being left-handed could play a subtle but significant role in shaping visionary leadership.
- The Future of Halekai: Will Noel Tata make Ratan Tata’s bungalow his home?Ratan Tata Bungalow: Speculation surrounds the future of Halekai, Ratan Tata's sea-facing bungalow in Colaba, following his death. Sources suggest Noel Tata, Ratan's half-brother, might consider moving into the residence, although others dismiss the idea. Halekai, designed by Ratan Tata, has remained vacant since his passing, prompting discussions about its potential occupancy, contrasting with the fate of other former Tata chairmen's residences.
- Where there's a will, the way is clearerRatan Tata's foresight in succession planning has ensured continuity and stability in his conglomerate, benefiting investors and strengthening management control. While many organisations lack such preparedness, the Tata example highlights the importance of robust succession plans and executive development to create effective 'CEO factories'.
- From Ratan Tata to Warren Buffett: Who gave what among the world's biggest philanthropists?Ratan Tata's will directs a substantial portion of his wealth to charitable foundations, emphasizing education, healthcare, rural development, and social welfare. His example has inspired other billionaires in India and worldwide, including Warren Buffett, Michael Bloomberg, and Reed Hastings, to make significant philanthropic contributions.
- Ratan Tata’s will has a no-contest clause that could cost challenger the entire inheritanceRatan Tata has left the majority of his ₹3,800 crore wealth to charitable foundations RTEF and RTET. His will includes a no-contest clause and restricts the sale of his Tata Sons stake. Key beneficiaries include his half-sisters and close former Tata Group employee, with selected assets distributed among friends and executors.
- Bill Gates reveals names of four Indians he would love to have dinner withBill Gates names four Indian icons he admires: PM Narendra Modi, industrialist Ratan Tata, biotech pioneer Raj Bhan, and mathematician Srinivasa Ramanujan. Gates recalls inspirational interactions with these leaders, highlighting India's exceptional talent pool and innovative entrepreneurial ecosystem. The philanthropist praised their contributions to India's progress and expressed admiration for the country's vision for the future.
- Charity gets most of Ratan Tata legacy; Family, friends, house help, pets remembered in willRatan Tata's will allocates his ₹3,800 crore fortune largely to philanthropic causes through the Ratan Tata Endowment Foundation and Trust. His half-sisters and a former Tata employee receive other financial properties worth ₹800 crore. His brother Jimmy, friend Mehli Mistry, and pets are also beneficiaries. Key assets include land in Seychelles and luxury watches.
- Noel Tata and Jejeebhoy sisters join board of Ratan Tata's personal trustNoel Tata, along with Shireen and Deanna Jejeebhoy, has been appointed to the board of the Ratan Tata Endowment Trust. Their appointments were made by existing trustees, with legal experts emphasizing that personal laws typically cannot impose restrictive aspects in a will. This strengthens the governance framework and reinforces accountability.
- Who is Shark Tank 4 new judge, the visually impaired Srikanth Bolla? His education, family. His company employs 500 peopleSrikanth Bolla, founder of Bollant Industries, joins 'Shark Tank India' as a new 'shark'. Bolla, the first visually impaired student at MIT Sloan, has empowered disabled individuals through his eco-friendly company. Celebrated for his entrepreneurial journey, Bolla inspires others to act on their ideas.
- ET Awards: Ratan Tata steered group to fresh frontiers and unprecedented heights, says Noel TataRatan Tata, a respected figure in India and internationally, was renowned for his considerate and benevolent nature. Accepted posthumously by Noel Tata, the Jewel of India award honored Ratan's leadership of Tata Group with a humane touch. Despite challenges, he elevated the group to unprecedented heights, and significantly expanded the Tata Trusts' philanthropic efforts, impacting countless lives positively.
- ET Awards: Small things mattered more for defender of the defenceless, says N ChandrasekaranN Chandrasekaran highlights the unique qualities of Ratan Tata, who focused more on small details and people's welfare rather than financial metrics. Known for his philanthropy and compassion, Ratan Tata always ensured fairness in decisions. His concern for dogs during Bombay House's renovation exemplifies his humane approach, earning him the special Jewel of India honour.
- Even in last few years when he was not so well, he would...: N Chandrasekaran shares a heartfelt memory of Ratan TataRatan Tata, the former chairman of the Tata Group, who led the conglomerate for over two decades, passed away last year at the age of 86. He was instrumental in expanding the group's global footprint with significant acquisitions and was known for his philanthropic efforts and investments in Indian startups.
- 'Ratan ji will not like it': Tata Sons' N Chandrasekaran shares a shareholder's reaction when he was about to take this decisionIn last few years, he was not well. We meet twice a week or even more. There was not a single occassion where he didnt come to the door to receive or to see me off. I told him 'Sir you didnt have to do this. But he will insist. This is his courtesy. And for him, doing the right thing was important. Every time he was taking a decision, he used to put himself in shoes of other people, to make sure he is being fair.
- ET Awards: Industry titans all set to walk the pink carpetThe 25th edition of The Economic Times Awards for Corporate Excellence will take place on March 8th in Mumbai, honoring India's top business elites. Key awards include Business Reformer of the Year, Businesswoman of the Year, and Lifetime Achievement. Union finance minister Nirmala Sitharaman will present the awards.
- ET Awards to honour Ratan Tata's legacy and philanthropyRatan Tata, who passed away in October last year at the age of 86, will be honoured with a special Jewel of India award at the 25th ET Awards for Corporate Excellence. This award recognises his visionary leadership, impactful contributions, and significant role in advancing India's industry and global presence.
- Tata Group to invest Rs 500 crore in Breach Candy Hospital ExpansionTata Group will invest Rs 500 crore in Breach Candy Hospital, becoming its largest financial backer. This will allow Tata Group to add three representatives to the board and support infrastructure and technology improvements. Chairman N Chandrasekaran will replace Deepak Parekh as chairman of Breach Candy Hospital Trust from October 2025, while Parekh will remain a trustee.
- Delhi HC says Ratan Tata is a known figure, his trademark must be protectedThe Delhi High Court restrained a journalist from using Ratan Tata's name and trademarks for an unauthorised award event. Recognising Ratan Tata as a well-known figure, the court emphasized protection against misuse. The journalist agreed to stop using Tata’s name. Damages of over Rs 2 crore were sought for harming Tata Trust's reputation and goodwill.
- Ratan Tata’s legacy: Half-siblings step up to lead family stakes in group firmsThe Ratan Tata Endowment Foundation and Trust are undergoing major restructuring, with Shireen, Deanne Jejeebhoy, and Noel Tata set to join as trustees. The trusts, which inherited shares in Tata group companies, will focus on education, healthcare, and community upliftment, guided by Tata Sons chairman N Chandrasekaran.
- Name ought to be protected: HC bars usage of Ratan Tata's name, image in award showThe Delhi High Court has barred Rajat Srivastava and the Delhi Today Group from using the Tata trademark and the late Ratan Tata's name or image. Srivastava was accused of planning a fraudulent event purportedly endorsed by Tata Group. The defendants have since cancelled the event and removed misleading social media posts.
- 'Deserved protection of his name': Delhi HC bars unauthorised use of 'Tata' name, trademark, & Ratan Tata’s imageThe Delhi High Court has restrained journalist Rajat Srivastava from using the Tata trademark and the name and image of late Ratan Tata, following a petition by Sir Ratan Tata Trust and Tata Sons. The court ordered the removal of unauthorized posts promoting events falsely associated with the Tata Group.
- Tatas weigh options amid IPO call from Shapoorji Pallonji GroupTata Sons is exploring various scenarios to address the pressure from the Shapoorji Pallonji Group for a possible share sale. Options include a public listing, stake sale, or buyout of the minority stake. However, these outcomes are not expected immediately due to stakeholder disagreements and strained relations.
- Singapore President to visit India next week to focus on non-traditional areas of cooperationSingapore's President Tharman Shanmugaratnam will visit India on January 15. This visit will boost India-Singapore relations in the 60th year of diplomatic ties. Focusing on energy, industrial parks, and skills, the visit includes signing pacts on semiconductors and skill development. Singapore aims to diversify investments into new Indian states like Odisha.
- Keep your advisers close, family closerNoel Tata quickly consolidates his authority within Tata Group by appointing his daughters, Maya and Leah, to the board of trustees of the Sir Ratan Tata Industrial Institute. This decisive move, following leadership principles, replaces existing trustee Arnaz Kotwal, who expressed dissatisfaction with her removal.
- The new Tatas: How the GenNext is ascending at the Tata GroupTata Group is undergoing a generational shift with Noel Naval Tata becoming the chairman of Tata Trusts and his children taking on significant roles. His daughters, Maya and Leah Tata, are now trustees of Sir Ratan Tata Industrial Institute, while son Neville heads Star Bazaar. This move integrates the new generation into the group's leadership.
- Noel Tata's daughters appointed to Ratan Tata Institute's boardMaya and Leah Tata, daughters of Noel Tata, have joined the Sir Ratan Tata Industrial Institute board of trustees. They replace Arnaz Kotwal and Freddy Talati. This induction is to ensure local involvement in the institute's revamping. Maya and Leah hold key positions in Tata group companies and this move aims to prepare them for larger roles in the future.
- ‘Why Tata inspires, why Ambani builds’: Harsh Goenka applauds India Inc iconsIn a recent post on ‘X’, RPG Group Chairman Harsh Goenka honoured India's top business figures, attributing their success to passion and legacy. He questioned why these leaders inspire millions, citing figures like Ratan Tata, Mukesh Ambani, and Anand Mahindra. Additionally, Goenka shared his top 10 global events for 2024, with key moments like the US Presidential elections, ISRO’s moon mission, and the Paris Olympics.
- AI, manufacturing poised to transform India: Tata Sons chairman N ChandrasekaranTata Sons' chairman, N Chandrasekaran, emphasized the transformative role of AI and manufacturing in India's future. The Tata Group plans to create 500,000 manufacturing jobs and initiate various high-impact projects, alongside developing critical new facilities in India. The year also marked the loss of visionary Ratan Tata.
- Lost a cherished mentor and friend: Tata Chairman N Chandrasekaran honours Ratan Tata's legacy in his year-end messageTata Group Chairman N Chandrasekaran reflected on events of 2024, paying tribute to the late Ratan Tata. He highlighted plans to create 500,000 new manufacturing jobs in India over the next five years. The Group will focus on sectors like semiconductors, electric vehicles, and solar equipment. He also emphasized the potential of Artificial Intelligence to transform industries.
- The world of business lost these eminent people in 2024In 2024, India mourned the loss of several renowned personalities including corporate leader Ratan Tata, banker Narayanan Vaghul, media tycoon Ramoji Rao, economist Bibek Debroy, historian Amiya Kumar Bagchi and entrepreneur Shashi Ruia, all of whom made significant contributions to their respective fields and greatly impacted India's growth and development.
- The men and women India loved and lost in 2024In 2024, India bid farewell to prominent figures like Ratan Tata and musicians including Zakir Hussain, Prabha Atre, Sharda Sinha, Ustad Rashid Khan, and Pankaj Udhas. Their contributions in business, philanthropy, classical and folk music, and radio have left an indelible mark on the Indian cultural and economic landscape.
- Tata Trusts tightens monitoring, shifts focus to grant-makingTata Trusts has implemented stricter monthly reviews of projects to control operational costs and improve the impact of its philanthropic efforts. An internal audit revealed discrepancies, prompting enhanced monitoring and reporting. The Trusts may prioritize grants over direct implementation projects to minimize expenses and maximize funds for charitable causes.
- IPL, BJP, Ratan Tata: From cricket to heat wave, top 10 things Indians searched on Google in 2024Indians googled cricket and politics extensively in 2024. The IPL and T20 World Cup topped searches. The BJP and election results also drew significant interest. Ratan Tata's passing and the Paris Olympics garnered attention. Concerns about excessive heat and other sports leagues also featured in top searches. Radhika Merchant's wedding generated buzz online.
- Shantanu Naidu shares 'silent' update on life after Ratan Tata's death, unveils his next big moveShantanu Naidu launched Bookies, a unique reading initiative. The community gathers at public places to read silently. Bookies started in Mumbai and expanded to Pune, Bengaluru, and Jaipur. Naidu plans to bring Bookies to other Indian cities. He aims to revive the joy of reading in a digital age. Naidu was Ratan Tata's close associate and continues his legacy.
- T20, IPL, Lok Sabha polls and more: The top trending topics on YouTube India in 2024YouTube India's 2024 highlights included the T20 World Cup, IPL, elections, and the Anant Ambani wedding. MrBeast, Diljit Dosanjh, and rising creators like Priyal Kukreja dominated. Popular music spanned diverse genres, while Shorts featured viral hits. Record-breaking moments included Samay Raina's views and Hanumankind's anthem.
- Insider tracking: Who are the two "co-conspirators" in the Adani probe?A key question that emerges out of the 52-page indictment order against eight individuals including the Adanis, is who are the two unnamed “co-conspirators”, whose role is vividly described. Their identities as per a footnote in the court papers, are known only to the Grand Jury, and have never once been disclosed in the 5-count indictment.
- 20X in 20 years: How Ratan Tata helped Indian retail investors make this return from a Tata company sharesOn the 20th anniversary of its IPO, TCS investors are celebrating a twentyfold return on their initial investment. Former CEO S. Ramadorai credits Ratan Tata's vision for this success, highlighting Tata's decision to list exclusively in India at an accessible price, ensuring that even small investors could benefit from the company's growth.
- A flagbearer of Indian enterprise, an inspiration for all, PM Modi writes of Ratan TataRatan Tata's absence is felt deeply across India. He was a source of inspiration for many. He supported entrepreneurship and urged Indian companies to achieve global standards. He cared for animals and supported animal welfare. He showed his patriotism during the 26/11 attacks. He worked closely with the government on various projects.
- Cyrus Mistry was trying to break Tata Group? Ratan Tata's biography sheds lightRatan Tata supported Cyrus Mistry as his successor but later had concerns. Some Tata veterans believed Mistry might break up the Tata group. Tata's silence on these concerns was significant. Mistry's replacement was due to ethical, moral, and performance issues. Tata wanted Mistry to separate from the SP Group, but he did not.
- Noel joins board of Tata Sons; first Tata family member since 2011 to serve on both boards at onceNoel Tata, newly appointed chairman of Tata Trusts, has joined the board of Tata Sons as a nominee director. This marks the first time since 2011 that a Tata family member holds positions on both boards concurrently. Tata Trusts, with its 66% stake, is the largest shareholder in Tata Sons, the holding company of the Tata Group.
- How the 1962 India-China War tragically ended Ratan Tata’s 'first true love' storyIn the early 1960s, Ratan Tata’s first love blossomed in the U.S. with Carolyn Emmons, the daughter of a prominent architect. Despite mutual affection and familial support, their relationship ended due to the geopolitical tensions of the India-China war. Decades later, a Hollywood film rekindled memories, leading Carolyn to reconnect with Tata. Their enduring friendship lasted until Tata’s passing in October 2024, reflecting a story of love interrupted by fate yet sustained by lasting bonds.
- Ratan Tata, Noel related to Tata Group founder, says new bookRatan Tata and Noel Tata share a direct bloodline with Tata Group founder Jamsetji Tata, according to a new biography by Thomas Mathew. Historical records show their father Naval Tata, adopted from the extended family, has a common ancestor with the founder. This revelation may impact the lineage perception within the Tata Group.
- Ratan Tata: What’s happening at Bombay House since beloved business tycoon’s deathRatan Tata, a key figure in Indian industry, passed away on October 9, 2024. Noel Tata, Ratan’s stepbrother, is now the new chairman of Tata Trusts. The family and the Tata Group are preparing for a new era with changes in leadership and continued focus on philanthropy, business growth, and innovation.
- Why Ratan Tata was close to 'good fellow' Shantanu NaiduRatan Tata, the prominent industrialist, passed away at 86, leaving behind a profound impact on his protégé, Shantanu Naidu. They bonded over their love for dogs, working on projects like Motopaws. Tata supported Naidu’s startups and waived his education loans. Tata's will includes provisions benefiting Naidu and various philanthropic endeavors.
- When Ratan Tata borrowed money from Amitabh Bachchan: Big B recalls 'surprising' incident on KBCRatan Tata passed away on October 9 at the age of 86. Amitabh Bachchan shared memories of Tata on Kaun Banega Crorepati, highlighting his humility. Bachchan recalled Tata asking to borrow money for a phone call at Heathrow Airport. Bachchan also noted the importance of remaining humble, derived from their first flight encounter.
- Tata Aircraft's Vadodara plant to deliver first aircraft in 2026: Tata Sons' N ChandrasekaranTata Sons Chairman N Chandrasekaran announced the TATA Aircraft Complex, in partnership with Airbus, plans to deliver the first C295 aircraft in two years. The manufacturing facility in Vadodara signifies a major boost for India's defence industry, aligning with the "Make in India" initiative. The project is supported by Tata Group's collaboration with European companies, including Airbus.
- Tata Trusts plans to trim cost flab with fitter management; several roles to be done away withTata Trusts is undergoing restructuring to streamline expenses by eliminating CFO and COO roles, reducing external consultants, and focusing on core philanthropic missions. The move aims to cut administrative costs following an internal audit and financial review, emphasising efficient governance and resource allocation.
- The fall of Cyrus Mistry: How Ratan Tata's hesitation shaped their conflict, revealed in new tell-all bookA new account explores the complex dynamics between Ratan Tata and Cyrus Mistry, detailing Mistry's appointment, subsequent dismissal, and the impact on Tata. The book provides comprehensive insight into Ratan Tata's professional legacy and personal challenges, highlighting his contributions to the Tata Group and Indian industry.
- Ratan Tata felt Noel needed more exposure, experience to succeed him as Tata Sons Chairman: BookRatan Tata believed his half-brother Noel Tata required more experience to succeed him as Tata Sons Chairman. Despite Noel's potential, Ratan distanced himself from the selection committee. He later expressed regret over this choice. Ultimately, Cyrus Mistry was appointed as Ratan Tata's successor in December 2012.
- Ratan Tata's ₹10,000 crore will explained: Between siblings, Shantanu Naidu and dog Tito, who gets what?Ratan Tata's ₹10,000 crore will, made public two weeks after his death, distributes his wealth among family, friends, staff, and his pet dog. Significant assets include high-value properties, a large fixed deposit, and Tata Group shares. A major portion is directed to philanthropy through the Ratan Tata Endowment Foundation. Noel Tata becomes chairman of Tata Trusts.
- Ratan Tata includes pet dog Tito in his Rs 10,000-crore will to ensure 'unlimited' careRatan Tata's will ensures unlimited care for his dog Tito, left to his cook Rajan Shaw, and includes support for his butler Subbiah. Provisions are also made for his foundation, brother, half-sisters, and house staff. Executor responsibilities are outlined to uphold Tata's wishes and charitable intentions.
- India is the top market for investment globally: Market expert Mark MobiusMark Mobius, Founder of Mobius Capital, favors India for investment, especially in technology and semiconductor sectors. He predicts significant growth in hardware technology and mentions ongoing developments in India's semiconductor infrastructure. Mobius recalls the late Ratan Tata fondly and advises careful study for young investors. He emphasizes earnings growth, return on capital, and management quality in investments.
- Noel Tata and N Chandrasekaran establish ‘healthy working relationship’ in first meeting, talk routine bizNoel Tata, the new Tata Trusts chairman, meets Tata Sons chairman N Chandrasekaran and Prime Minister Narendra Modi, signaling efforts to build relationships. Meanwhile, Tata Trusts appoint Noel as permanent trustee, maintaining continuity with key trustees managing the philanthropic entities controlling the Tata Group.
- When JRD Tata himself changed toilet papers of all washrooms during an Air India flightJRD Tata, the pioneering industrialist and founder of Air India, was known for his meticulous attention to detail. In one memorable incident, while flying aboard an Air India flight, he noticed that the toilet paper in the restroom was not properly placed. Instead of delegating the task, Tata personally fixed it, then checked every restroom on the aircraft to ensure everything was perfect. This small but significant act exemplified Tata's commitment to excellence.