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.… Continue reading Succeeding a success
Category: Industry
Parsis’ emotional connect with Tatas
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… Continue reading Parsis’ emotional connect with Tatas
Tata for Now. But What About Later?
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… Continue reading Tata for Now. But What About Later?
Game Changer: The TATA Nano Story
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… Continue reading Game Changer: The TATA Nano Story
Ratan Tata Elected to American Academy of Arts and Sciences
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… Continue reading Ratan Tata Elected to American Academy of Arts and Sciences
Tata is Everywhere in India
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… Continue reading Tata is Everywhere in India
Anu Aga of Thermax India Awarded the Padma Shri
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… Continue reading Anu Aga of Thermax India Awarded the Padma Shri
Ratan Tata: Global visionary rooted to reality
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?… Continue reading Ratan Tata: Global visionary rooted to reality
Tata Chairman Doesn’t Sweat the Timing on Global Expansion
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… Continue reading Tata Chairman Doesn’t Sweat the Timing on Global Expansion