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Business and political leaders pay tribute as Ratan Tata passes away | Mint

LivemintLivemint · 10m ago
Business and political leaders pay tribute as Ratan Tata passes away | Mint
Medial

- Former chairman of the Tata group, Ratan Tata, passed away at the age of 86, leaving behind a profound impact on India Inc. - Prime Minister Narendra Modi expressed his condolences, praising Tata as a visionary business leader and an extraordinary human being. - Fellow business tycoons, including Mukesh Ambani, Gautam Adani, Sundar Pichai, and Uday Kotak, also mourned the loss and acknowledged Tata's contributions to India. - Tata had previously clarified rumors about his health on social media, stating that he was undergoing age-related medical check-ups. - Various political leaders, such as Rahul Gandhi, Nitin Gadkari, Mamata Banerjee, and Amit Shah, and corporate figures like Anand Mahindra and Kumar Mangalam Birla, paid their respects to Tata and his impact on the Indian economy. - The public was invited to pay their last respects and homage to Tata at the NCPA Lawns in Mumbai.

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How Ratan Tata transformed Tata Group — a timeline | Mint

LivemintLivemint · 10m ago
How Ratan Tata transformed Tata Group — a timeline | Mint
Medial

- Ratan Tata, former chairman of Tata Sons, has been instrumental in establishing Tata as one of India's most recognizable brands. - Ratan Tata passed away at the age of 86 after being in critical condition at a Mumbai hospital. - He joined the Tata Group in 1962 and became the Chairman of Tata Industries in 1981, where he played a key role in promoting new ventures in high-tech businesses. - Ratan Tata introduced Tata Salt as India's first national branded salt in 1983, revolutionizing the market. - He became the Chairman of Tata Sons and Tata Trusts in 1991, succeeding Jehangir Ratanji Dadabhoy (JRD) Tata. - Under his leadership, Tata Motors acquired Jaguar-Land Rover from Ford Motors in 2008, making a successful foray into the luxury car segment.

Chairing Tata: How RNT set the leadership benchmark for his successors

LivemintLivemint · 10m ago
Chairing Tata: How RNT set the leadership benchmark for his successors
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- The Tata group has been a cornerstone of Indian industry for over a century, with leaders such as J.R.D. Tata, Ratan Tata, and N. Chandrasekaran leaving a lasting impact on its trajectory. - J.R.D. Tata's 53-year tenure as chairman shaped the foundation and culture of the Tata group, while Ratan Tata and N. Chandrasekaran adapted to the challenges of their time. - Ratan Tata played a significant role in consolidating and strengthening the business empire, asserting authority over powerful leaders within the group. - Under Ratan Tata's leadership, the Tata group expanded its market reach globally through strategic acquisitions, including Tetley, Corus, and Jaguar Land Rover. - Cyrus Mistry, as Ratan Tata's successor, aimed to fix perceived flaws within the group, but his tenure was cut short due to conflicts and disagreements with Ratan Tata. - N. Chandrasekaran, known for his role in the success of Tata Consultancy Services, took on the challenge of continuing the group's progress while embracing technological advancements and addressing legacy concerns.

Who is Noel Tata? Meet Ratan Tata’s half-brother—the dominant frontrunner to helm Tata Trusts | Mint

LivemintLivemint · 10m ago
Who is Noel Tata? Meet Ratan Tata’s half-brother—the dominant frontrunner to helm Tata Trusts | Mint
Medial

- Ratan Tata, patriarch of the Tata Group, passed away, leaving the conglomerate with the task of selecting his successor. - Tata Trusts, which owns a majority stake in Tata Sons, the holding company of the Tata Group, controls the conglomerate. - The final rites of Ratan Tata were conducted with full state honors, with the presence of family members and top Tata Group executives. - Noel Tata, Ratan Tata's half-brother, is the frontrunner to succeed him and has been a key figure in the governance of the trusts. - Noel Tata has been chairman of Trent Ltd, a successful apparel retailer under the Tata Group, and has held various positions within the group. - Noel Tata's children are also trustees of some family-linked charities associated with Tata Trusts.

Noel Tata to succeed Ratan Tata, unanimously appointed Chairman of Tata Trusts

InternetInternet · 10m ago
Noel Tata to succeed Ratan Tata, unanimously appointed Chairman of Tata Trusts
Medial

- Noel Tata has been unanimously appointed as the Chairman of Tata Trusts, succeeding his half-brother Ratan Tata, who passed away on October 9, 2024. The decision was made during a board meeting in Mumbai. - Tata Trusts holds a controlling 66% stake in Tata Sons, making its leadership crucial for the governance of the Tata Group. The board's decision aligns with Ratan Tata's philosophy of ensuring continuity in leadership. - With over 40 years in the Tata Group, Noel Tata has served in various capacities, including Managing Director of Trent, where he significantly expanded the company's retail presence. - Unlike Ratan Tata's public-facing approach, Noel is known for his calm, understated leadership, focusing on steady business growth and long-term vision. - Noel Tata graduated from Sussex University and completed the International Executive Programme at INSEAD. His extensive experience and strong family ties to the Tata Group position him well for his new role.

Tata Trusts meeting today: Decision about successor on agenda, Noel Tata most likely heir to Ratan Tata, say reports | Mint

LivemintLivemint · 10m ago
Tata Trusts meeting today: Decision about successor on agenda, Noel Tata most likely heir to Ratan Tata, say reports | Mint
Medial

- Noel Tata is emerging as the front-runner to be the successor of Ratan Tata in the Tata Group. - The Tata Trusts meeting will discuss the succession plans of the $165 billion empire. - Ratan Tata's half-brother Noel Tata is the likely choice for the successor position, according to sources. - Mehli Mistry may be appointed as a Permanent Trustee on the Tata board. - Noel Tata is the chairman of Trent, the group's apparel retailer, and has been successful in expanding the company's store count and workforce. - Noel Tata has held executive positions in several Tata companies, including Titan Company and Tata Steel, and is a trustee on the Sir Dorabjee and Sir Ratan Tata Trusts.

Ratan Tata's impactful investments in 9 start-ups

YourStoryYourStory · 1y ago
Ratan Tata's impactful investments in 9 start-ups
Medial

As Ratan Tata turns 86, here's a look at nine startups he has invested in: 1. Goodfellows: Promotes inter-generational friendships by connecting seniors with empathetic young companions. 2. Ola/Ola Electric: Ratan Tata has invested in both the cab aggregator service and its electric mobility venture. 3. Paytm: A digital payments platform where Tata's investment secured him a strategic advisory role. 4. Snapdeal: An online marketplace with a diverse array of products, where Tata holds a stake. 5. CarDekho: An auto search platform revolutionizing the car-buying experience. 6. Cure.fit: A health and fitness startup with a holistic approach to wellness. 7. Zivame: An online lingerie startup known for its engaging marketing campaigns. 8. Lenskart: An eyewear retailer where Tata acts as a mentor and advisor. 9. YourStory: The first media organization to receive funding from Ratan Tata. Tata's investments are driven by admiration for the mission and vision of these startups.

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