Published 03:48 IST, October 10th 2024
'Epitome Of Humility': When Ratan Tata Arrived At Mumbai's Taj Hotel In Nano Car Without Bodyguards
Ratan Tata, who was chairman of the salt to software group for more than two decades, breathed his last at 11.30 pm on Wednesday at a Mumbai hospital.
Ratan Tata Dies: Ratan Tata, the Chairman of the Tata Trusts, died at 86 in a Mumbai hospital on Wednesday. From Prime Minister Narendra Modi to business leaders to sports personalities and celebrities, everyone shared their condolences on the passing away of India’s visionary business leader.
As people are sharing their memories with the industrialist, a video of Ratan Tata from 2015 is doing the round on social showing him arriving at Mumbai’s Taj Hotel in a Nano car and without security guards.
People praised the Indian philanthropist for his simplicity calling him a ‘legend’ and an ‘epitome of humility.’
From salt to software, Ratan Tata opened business for almost everything
Ratan Naval Tata, the former Tata Group chairman who transformed a staid group into India's largest and most influential conglomerate with a string of eye-catching deals, has died. He was 86.
Tata, who was chairman of the salt to software group for more than two decades, breathed his last at south Mumbai’s Breach Candy Hospital at 11.30 pm on Wednesday.
A Padma Vibhushan recipient, Tata, had been in intensive care at the hospital since Monday.
A top official of the Mumbai police was the first to inform of his death, followed by a confirmation by Tata Group chairman Natarajan Chandrasekaran who called Tata "a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation".
Educated at Cornell University, Ithaca, New York, the veteran industrialist worked on the shop floor at the family-run group after returning to India in 1962.
He gained experience in several Tata Group firms before being named director in charge of one of them, the National Radio and Electronics Co. in 1971.
He became chairman of Tata Industries a decade later and in 1991 took over as the chairman of the Tata Group from his uncle, JRD, who had been in charge for more than half a century.
Under his stewardship, the conglomerate embarked on a massive expansion drive, snapping iconic British assets including steelmaker Corus and luxury carmaker Jaguar Land Rover.
Its two-and-half-dozen listed firms now make coffee and cars, salt and software, steel and power, run airlines and introduced India's first super app.
It recently forayed into chip making and is planning an iPhone assembly plant. The conglomerate ended with USD 165 billion in revenue in the last fiscal.
"It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation," Chandrasekaran said in a late-night statement.
For the Tata Group, he was more than a chairperson. "To me, he was a mentor, guide and friend. He inspired by example. With an unwavering commitment to excellence, integrity, and innovation, the Tata Group under his stewardship expanded its global footprint while always remaining true to its moral compass," he said.
Tata's dedication to philanthropy and the development of society touched the lives of millions. "From education to healthcare, his initiatives have left a deep-rooted mark that will benefit generations to come. Reinforcing all of this work was Mr. Tata's genuine humility in every individual interaction," he said, adding his legacy will continue to inspire.
Prime Minister Narendra Modi called Tata a visionary business leader, a compassionate soul, and an extraordinary human being.
Updated 03:48 IST, October 10th 2024