Latest Updates on End of an Era: Ratan Tata dies at 86

Politeness is to human nature what warmth is to wax.

For the youth, Shri Ratan Tata was an inspiration, a reminder that dreams are worth pursuing and that success can coexist with compassion as well as humility

Ratan Tata's 'no comments' was more 'thunderous' than any statement when asked if he shared the apprehensions of some Tata group veterans who felt that Cyrus Mistry was trying to break up the conglomerate, according to the author of biography of the late industrialist, Thomas Mathew. Tata had fully supported late Mistry as his successor in 2012, despite having second thoughts over the suitability of the latter at the end of the first year of 'parallel running' as Chairman designate and his replacement as Chairman of Tata Sons in 2016 was due to "an ethical and a moral issue", coupled with performance issue, Mathew told PTI Video in an interview. In the biography 'Ratan Tata A Life', some Tata group veterans have been quoted airing their apprehensions about Mistry trying to break up the salt-to-software conglomerate based on his style of functioning as the Chairman and the past record of the Shaprooji Pallonji (SP) Group's acquisition of shares in Tata Sons. "There are two schools of

Noel Tata's dual role on the Tata Sons and Tata Trusts boards consolidates family oversight within the Tata Group's sprawling operations

Bollywood actor Amitabh Bachchan shared a heartfelt memory involving the late Ratan Tata in a recent episode of Kaun Banega Crorepati Season 16

The book opens with the early years. "He lived like a prince, spoilt for comfort and in infinite luxury.'' Despite the luxury all around, the author notes that "young Ratan had no room to himself."

Tito, whom Tata adopted five to six years ago, will be looked after by Tata's longtime cook, Rajan Shaw. The will also provides for Tata's butler, Subbiah, who served him for three decades

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The statement also said the new building will create a permanent space for the Oxford India Centre for Sustainable Development (OICSD)

Ratan was not the first group head to receive adulation. Archives show when Jamsetji died in 1904, the public was full of praise and love for him

In a move that could give Noel Tata more power over the group's decision-making, he is now likely to be appointed to the board of Tata Sons in a meeting due to be held in the coming days

At the time of his death, Ratan Tata had a 0.83 per cent stake in Tata Sons and a net worth of Rs 7,900 crore, according to the Hurun India Rich List 2024

Ratan's global vision extended beyond expansion to innovation and wanted to pioneer a new type of innovation for a new type of consumer

The aesthetics of Ratan Tata and Christopher Benninger made India a nicer physical place

The RBI board also passed a condolence resolution in memory of Ratan Tata, a former director of the central board

The Reserve Bank's Central Board of Directors on Wednesday passed a condolence resolution in memory of industrialist Ratan Tata. Ratan Naval Tata died at a Mumbai hospital on October 9 at the age of 86 years. "The Board passed a condolence resolution in memory of Shri Ratan N Tata, a former Director of the Central Board," the RBI said in a statement after the 611th meeting of its Central Board of Directors in Bhubaneswar. The central bank further said the Board reviewed the current economic and financial situation, including challenges posed by evolving geopolitical conflicts. It also discussed the functioning of various sub-committees of the Central Board, the Ombudsman Scheme and the activities of select central office departments. The Central Board members also took the Integrity pledge in observance of the ensuing Vigilance Awareness Week 2024. The meeting was chaired by RBI Governor Shaktikanta Das. Deputy governors Michael Debabrata Patra, M Rajeshwar Rao, T Rabi Sankar, .

In a letter, philanthropist and industrialist Ratan Tata conveyed his admiration for former Prime Minister PV Narasimha Rao's "outstanding achievement" in initiating vital economic reforms in India

Relations between Tata Sons and Shapoorji Pallonji Group have been strained since 2016, following the ousting of Cyrus Mistry

Chandrasekaran assured that a kennel would be built for them, to which Tata responded saying 'Really?' while considering the proposal