Parsi Khabar

The man who would be king smiled a lot and said very little. But it was clear as day on Wednesday that Noel N. Tata will have to spend the next few months under media limelight amid the cloying affections of supporters who want him crowned as the next chairman of the Tata business empire. [...]

IF INDIA were a nation of gamblers, the betting on who will succeed Ratan Tata, chairman of the Tata group, would be furious. Since Tata Sons, the holding company for India’s second-biggest conglomerate, announced last week that it was seeking Mr Tata’s replacement, there has been a whirl of speculation about whom it will appoint. [...]

In Indian family businesses, there is no dearth of successors. The Tatas, however, are an exception. As there’s no heir apparent to Ratan Tata after he retires in December 2012, a search committee has been formed to find one. The hunt has fuelled speculation with the names of several global CEOs doing the rounds. By [...]

Can the Tata Group be led by a non-Tata? That is the question the group’s chairman, Ratan Tata, has refused to answer for the public even though the leader of India’s second largest conglomerate is nearing retirement with no obvious successor. By Eric Bellman / Wall Street Journal This week the group announced that the [...]

The story of the world’s cheapest car begins on a rainy day in Bangalore. Ratan Tata was in the south Indian city on business and on his way to the airport. The head of India’s most famous business empire told his driver to be careful on the slick roadway. Article by MARCUS GEE for The [...]

One of India’s leading industrialist and two Indian American researchers have been elected as members of the prestigious American Academy of Arts and Sciences. Article by Indian Express Ratan Tata noted philanthropist and chairman of major Tata companies is among 18 foreign honorary members joining the academy. One of two Indian Americans honorees Dr Deepak [...]

Yesterday was another dull day on Wall Street. The Dow rose 2 points. Oil held at $81. Gold didn’t move enough for us to remember, one way or another. By Bill Bonner The recovery continues…or so says the mainstream financial press. But the economy is still losing jobs…and people are still getting poorer. NEW YORK [...]

Anu Aga, the ex-Chairman of Thermax India has been awarded the Padma Shri. Her name featured on the list of awardees announced by the Government on the occasion of Republic Day 2010. Here is a short excerpt from a 2005 article on Arnavaz Aga Aga is always in her trademark cotton or silk saris, whether [...]

Assume you are the head of a multinational group some of whose leading businesses are weakened by a troubled market and lack of refinance in overleveraged balance sheets. What’s the likelihood that you pull off an overhaul, sustain a pipeline of innovation and yet find time to foster business co-operation between India and another country? [...]

By PAUL BECKETT / WSJ MUMBAI—During his 18-year tenure as chairman of India’s venerable Tata Group, 71-year-old Ratan Tata has led a drive to expand internationally, a strategy India’s other sprawling companies seek to emulate. With annual revenue above $70 billion, Tata Group now derives 65% of its sales outside of India and employs 357,000 [...]

By Andrew Davidson Take two women: one a City lawyer turned banker, the other a multilingual journalist turned charity boss. Shake gently. And out pops Justgiving, the charity fundraising dotcom that is becoming a seriously profitable business. Just tread lightly when asking about their motivation. “I didn’t set it up to make money. That’s an [...]

UK-based news magazine, The Economist, today named Tata Group Chairman Ratan Tata as the winner of the eighth edition of its annual ‘Business Process Innovation Award’ for the successful development and launch of the world’s cheapest car, the Tata Nano. In a statement, the magazine said Tata was selected for “…forging a company that is [...]

[Hat tip: Percy Kavarana] What do you do when you are 80, have Rs 1,500-2,000 crore saved up and no kids to bequeath it to? Few on earth have had to face such a dilemma, but for those who do, Keki Hormusji Gharda is setting a novel example — he wants to blow up a [...]

[Hat tip Percy Kavarana] Sony India announced the appointment of Keki B Dadiseth – former director of the world’s largest FMCG conglomerate Unilever and former chairman of its domestic arm, Hindustan Unilever (formerly HLL) – as its chairman on Thursday. Dadiseth has also been appointed as senior advisor to the group in India with immediate [...]

Farming the Parsi way CHETHALAYAM: In the wilderness, the lone Parsi farmer of the district (may be of the entire state) lives a lonely life. Enjoying the comfort of wilderness that creeps into his farm gradually, Yazedy Palia is a contented man. Located about 15 km from Sulthan Bathery, the 50-acrefarm looked like an extension [...]