Ratan Tata was born on December 28, 1937 in Mumbai, India in one of the richest families in the country. He is an Indian businessman, investor, philanthropist and chairman emeritus of Tata Sons. His great grandfather, Jamsedji Tata, was the founder of the Tata group and passed the power and inheritance down to his family. Ratan Tata grew up in a broken household, however, after his parents split in the mid-1940s and he and his brother were raised by their grandmother, Lady Navajbai.
Ratan Tata is the son of Naval Tata, who had been adopted from J. N. Petit Parsi Orphanage by Navajbai Tata. His parents Naval and Sonoo separated in the mid-1940s when he was ten and his younger brother, Jimmy, was seven years old. Both he and his brother were raised by their grandmother Navajbai Tata. He has a half-brother Noel Tata from Naval Tata’s second marriage to Simone Tata. He schooled in Mumbai, at the Campion School and later at the Cathedral and John Connon School, for secondary education. He received a bachelor degree in architecture with structural engineering from Cornell University in 1962, and the Advanced
Management Program from Harvard Business School in 1975.
He joined the Tata Group in December of that same year. Tata’s first job with the Group involved working with the Tata Steel division where he worked with the blue-collar employees shoveling stone and working with the furnaces. Although this original job was physically difficult, it helped Ratan Tata gain a better understanding and appreciation for the business and he gradually began taking on more responsibility.
In 1971, Ratan Tata became the Chairman of the Tata Group in 1981 after serving as Chairman in charge of the Nelco division of the group in order to help its struggling finances.. Tata is India’s largest conglomerate and includes the brands Tata Motors, Tata Steel, Tata Power, Indian Hotels, as well as other brands labeled under the Tata name.
Ratan Tata helped build a better consumer electronics division but the economic recession and union strikes prevented his vision from taking hold. Tata was eventually moved to Empress Mills in 1977, a struggling textile mill within the Tata Group. Ratan Tata renewed the vision for the mill but the larger Tata Group was not in agreement with his advice.
Instead, the mill was shut down and liquidated in 1986, to Tata’s disappointment, and he was moved to the Tata Industries, another holding company.These are the eight things that were done by Ratan Tata which make us proud of the Indian tycoon:
1.He took Indian auto industry to the world and revamp success of Tata Motors, export of vehicles of acquisition of British legends Landrover and Jaguar – he led an automotive revolution for India.
2.Countless honours from numerous prestigious institutions worldwide YouTube Apart from being a Padma Bhushan and Padma Vibhushan, he also was bestowed with ‘Most Excellent Order of the British Empire’ in 2009. This is apart from the tens of honours he has got from various universities and governments across the world.
3.He travels economy class.
4.He rejected IBM for after studying at some of the most prestigious schools and colleges across the world, he got an Advanced Management Program degree from Harvard Business School, US in 1975. Then IBM offered him a job. But he rejected that to come back home and work in India.
5.He is the Indian Dream hd wallpapers Though he was family, he didn’t get a lucrative job right from the onset. He started working on the lower rungs and gradually climbed up the ladder until he became the chairman of Tata group in 1991. From a blue collar worker with great ideas to a business icon with legendary leadership skills.
6.Ratan Tata, The Patriot Says Nation before patriotic a post that has been going around internet for past few years, this is what we can read:”YOU COULD BE SHAMELESS, I AM NOT ..!!! ” Lines by Ratan Tata. Few months after 26/11, Taj group of Hotels owned by TATAs launched their biggest tender ever for remodeling all their Hotels. In India and abroad. Some of the companies who applied for that tender were also Pakistanis. To make their bid stronger, two big industrialists from Pakistan visited Bombay House ( Head office of Tata ) in Mumbai without an appointment to meet up with Ratan Tata since he was not giving them any prior appointment.
They were made to sit at the reception of Bombay house and after a few hours a message was conveyed to them that Ratan Tata is busy and can not meet anyone without an appointment. Frustrated, these two Paki industrialists went to Delhi and thru their High Commission met up with a Minister. Then Congress minister Anand Sharma immediately called up Ratan Tata requesting him to meet up with the two Pakistani Industrialists and consider their tender “enthusiastically “.
Ratan Tata replied…”you could be shameless, I am not” and put the phone down. Few months later when Pakistani government placed an order of Tata Samos to be imported into Pakistan, Ratan Tata refused to ship a single vehicle to that country. This is the respect and love for motherland that Ratan Tata has. Something that our current Politicians should learn from.
7. His Philanthropy TCS is involvement with charitable work is no secret. He is also known to instill a more efficient and corporate nature to charities where he has actively worked making them function much better.
8. He encourages young entrepreneurs Ratan Tata has invested his personal wealth into many young organisations and has always promoted young entrepreneurs and their ideas.
An Indian institute of scientific and medical research (Indian Institute of Science, IISc) was founded at Bangalore in 1905, and in 1912 the Tata Steel began work at Saatchi, in the Central Provinces, with marked success. The most important of the Tata enterprises, however, was the storing of the water power of the Western Ghats (1915), which provided Mumbai with an enormous amount of electrical power, and hence vastly increased the productive capacity of its industries.
With Tata Industries, Ratan Tata was able to transform the management and vision of the division and bring in significantly larger dividends. This renewed financial success helped bring the Tata Group to the New York Stock Exchange and gave the company even more international power and prestige. Ratan Tata continued to acquire different industries for the Tata Group, eventually purchasing the steel an aluminum producer, Corus Group as well as Jaguar and Land Rover brands from the Ford Company. Ratan Tata lives a very private life in Mumbai, India.