Ratan Tata last rites updates: Last rites performed with full state honours at Worli crematorium

Ratan Tata Death news Updates: Ratan Tata, the colossus of India Inc, who is credited with radically transforming the Tata Group into a global powerhouse, died at the age of 86, the company said

Renowned businessman Ratan Tata's last rites were performed with full state honours at Worli crematorium in Mumbai. Union home minister Amit Shah, minister Piyush Goyal paide their tributes to the veteran. Earlier, The Maharashtra cabinet on Thursday passed a resolution urging the central government to confer the 'Bharat Ratna', the country's highest civilian award, on legendary industrialist late Ratan Tata.

The Maharashtra cabinet on Thursday passed a resolution urging the central government to confer the 'Bharat Ratna', the country's highest civilian award, on legendary industrialist late Ratan Tata. The cabinet meeting chaired by Chief Minister Eknath Shinde paid homage to the industry icon, who died in a Mumbai hospital on Wednesday night. A motion of condolence was passed during the meeting, a statement from the Chief Minister's Office said.

Union Home Minister Amit Shah will attend the funeral of industrialist Ratan Tata in Mumbai on Thursday, news agency PTI reported today. Shah will pay respects to the mortal remains of Tata on behalf of the Government of India. Shah will visit Mumbai for the funeral as Prime Minister Narendra Modi is leaving for Laos to attend the ASEAN-India and East Asia summits. In a message, Shah said he was deeply saddened by the demise of the "legendary industrialist and true nationalist".

In 1962, Ratan Tata joined the Tata group, after completing his bachelor's degree in architecture at Cornell University. He took on various positions within the organization before beginning a somewhat unremarkable period at the National Radio and Electronics Company in 1971. A decade later, he was appointed as the Chairman of Tata Industries. It was in this role that he first demonstrated his capabilities by reshaping the company into a strategic planning entity and an incubator for high-technology ventures.

Tata held the position of chairman from 1991 to 2012, with a brief return as interim chairman in 2016. The company experienced significant expansion during his tenure. As a notable business figure, his calculated acquisitions and emphasis on innovation drove the Tata Group into unexplored markets, solidifying its global reputation. He was instrumental in several major international transactions. The company acquired Tetley in 2000, Corus in 2007, and Jaguar Land Rover in 2008. Under Ratan Tata's guidance, Tata Consultancy Services (TCS) also ascended to international prominence. In 2008, Tata introduced the Tata Nano, with the objective of producing the world's least expensive automobile.