MUMBAI, Oct 10 — Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has...
Court to seize and sell contents in Jamal Yunos’ house after failure to pay Teresa Kok RM50,000 in defamation suit costs
Tata, who ran the conglomerate for more than 20 years as chairman, had been undergoing intensive care in a Mumbai hospital, two sources with direct knowledge of his medical situation told Reuters earlier yesterday. After graduating with a degree in architecture at Cornell University, he returned to India and in 1962 began working for the group his great-grandfather had founded nearly a century earlier.
In one of his first steps, Ratan Tata sought to rein in the power of some heads of Tata Group’s companies, enforcing retirement ages, promoting younger people to senior positions and ramping up control over companies. His pet projects at Tata Motors included the Indica — the first car model designed and built in India — as well as the Nano, touted as the world’s cheapest car. He contributed initial sketches for both models.
About two-thirds of share capital of Tata Sons, the group’s holding company, is held by philanthropic trusts.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ratan Tata, of India's Tata conglomerate, in hospital intensive care, sources sayThe 45-year-old, who's married to Malaysian artist Alan Chen, says having children (or not) is a personal choice.
Read more »
Ratan Tata, who put India's Tata Group on the global map, dies at 86NEW DELHI: (Bloomberg) Ratan Tata (pic), the businessman who inherited one of India’s oldest conglomerates and transformed it through a string of eye-catching deals into a global empire, has died. He was 86.
Read more »
Ratan Tata dies at 86He put the Indian conglomerate on the global stage with a string of high-profile acquisitions.
Read more »
Report food safety concerns to authorities, public urgedNEW DELHI: Ratan Tata, 86, breathed his last at Mumbai’s Breach Candy Hospital, where he had been admitted due to a sudden drop in blood pressure.
Read more »
No cold sweat for Zii Jia as he packs off Popov to start Arctic Open title defenceNEW DELHI: Ratan Tata, 86, breathed his last at Mumbai’s Breach Candy Hospital, where he had been admitted due to a sudden drop in blood pressure.
Read more »
Fan Bingbing back in the limelight in Malaysian movieNEW DELHI: Ratan Tata, 86, breathed his last at Mumbai’s Breach Candy Hospital, where he had been admitted due to a sudden drop in blood pressure.
Read more »