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Monday, May 20th 09:29 AM IST
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Ratan Tata GALLERY.
strongSingapore:/strong Ratan Tata today said he expects India to re-establish its economic growth at 7 percent plus rate in the next couple of years but it will not be able to achieve over 8 percent it had prior to the 2008-09 global financial crisis. The Chairman Emeritus of the Tata Group said that the recent steps by the government have restored investors' confidence in the country, but more needs to be done. He noted that efforts to control inflation plus scams, and other issues, resulted in Indian economic growth slowing down to five or sub-five percent. [caption id=attachment_662591 align=alignleft width=380 strongSingapore:/strong Ratan Tata
strongGeneva/Detroit:/strong Billionaire industrialist Ratan Tata pored over every inch of the new million-euro LaFerrari on the Italian supercar maker's stand at the Geneva auto show. Ferrari's first-ever hybrid looks terrific, said Tata, one of India's wealthiest businessmen and a close friend of Ferrari chairman Luca Cordero di Montezemolo. But will he buy one? I don't have the money, Tata joked. [caption id=attachment_650437 align=alignleft width=380 strongGeneva/Detroit:/strong Billio
GENEVA, SWITZERLAND - MARCH 05: Tata Group Chairman Ratan Tata looks on during the 83rd Geneva Motor Show on March 5, 2013 in Geneva, Switzerland. Held annually the Geneva Motor Show is one of the world's five most important auto shows with this year's event due to unveil more than 130 new products. GENEVA, SWITZERLAND - MARCH 05: Ta
FIAT CEO Sergio Marchionne (L) shows Chairman of India's Tata Motors, Ratan Tata, details of the new La Ferrari hybrid model car after its World premiere presentation at the Italian car maker's booth during the 83rd Geneva Motor Show on March 5, 2013. The Geneva International Motor Show opened its doors to the press under a dark cloud, with no sign of a speedy rebound in sight for the troubled European market. The event, which is considered one of the most important car shows of the year, will again be heavily marked by the crisis in Europe after an already catastrophic year in 2012. FIAT CEO Sergio Marchionne (L) show
Fiat CEO Sergio Marchionne (L) talks to Tata Motors' Chairman Ratan Tata after the presentation of the new LaFerrari hybrid car on the Ferrari stand during the first media day of the 83rd Geneva Car Show at the Palexpo Arena in Geneva March 5, 2013. The Geneva Motor Show will take place from March 7 to 17, 2017. Fiat CEO Sergio Marchionne (L) talk
strongNew Delhi:/strong Ratan Tata, chairman emeritus of Tata Sons, today met Civil Aviation Minister Ajit Singh in New Delhi, days after Malaysian carrier Air Asia announced it had sought government's nod to launch a new airline under a joint venture with Tata Group and an Indian investor. Though there was no official word on what transpired at the meeting this afternoon, it is understood that the plans for the launch of the airline came up during the discussions. The meeting came days after the Malaysian budget carrier's CEO Tony Fernandes said the new airline may take to the sky by this year-end with 3-4 Airbus A-320 and his company would make an initial investment of between $30-50 million.[caption id=attachment_645508 align=alignleft width=380 strongNew Delhi:/strong Ratan Tata,
strongMumbai:/strong Ratan Tata, Chairman Emeritus of $100-billion Tata Group, today called for deeper partnership between India and UK, saying it would serve both the countries, apart from tapping the potential of Asia and Africa. If India and England could be partners, both can not only serve the large Indian market but also cater to the third-party markets together.....like Asia and Africa, Tata said while addressing a luncheon session visiting British Prime Minister David Cameron had with India Inc at Taj Hotel. Tata Group patriarch also said his companies' experience in England has been very positive. [caption id=attachment_630180 align=alignleft width=380 strongMumbai:/strong Ratan Tata, Ch
Former Group Chairman of Indian conglomerate Tata Group, Ratan Tata speaks at a business seminar attended by Indian industrialists and a huge business delegation accompanying British Prime Minister David Cameron in Mumbai on February 18, 2013. British Prime Minister David Cameron arrived in India on Monday with what he called Britain's biggest ever overseas business delegation for a three-day visit clouded by a corruption scandal. Former Group Chairman of Indian con
Essar Group Chairman Shashi Ruia, Chairperson of the Regional Government of Astrakhan Konstantin Markelov, Reliance Industries Chairman Mukesh Ambani, former Gujarat state finance minister Vajubhai Vala, Japan's ambassador to India Takeshi Yagi, Gujarat chief minister Narendra Modi, Canadian High Commissioner to India Stewart Beck, Tata Group Chairman Emeritus Ratan Tata and British High Commissioner to India James Bevan (2nd L-R) hold their hands up together during the Essar Group Chairman Shashi Ruia,
Audience members listen to Indian Chairman Emeritus of Tata Group, Ratan Tata speak during the launch of Vibrant Gujarat 2013 6th Global Summit at Mahatma Mandir in Gandhinagar, some 30 kms from Ahmedabad on January 11, 2013. The summit is being attended by national and international corporations in large numbers. Audience members listen to Indian C
Ratan Tata is never miserly when it comes to praising Gujarat Chief Minister Narendra Modi. Today when investors look for locations to make investments, they would be looking for locations which are investor-friendly. Gujarat stands out distinctly in the country and the credit for it goes to Modi, he said amidst a thunderous applaud from the jam-packed audience at the state government's showpiece Vibrant Gujarat Summit here. [caption id=attachment_585297 align=alignleft width=380 Ratan Tata is never miserly when it
Gujarat's chief minister Narendra Modi (L) and Anil Ambani, chairman of Reliance Group, embrace as Ratan Tata, chairman Emeritus of Tata group, looks on during the inauguration ceremony of the Vibrant Gujarat global investor summit at Gandhinagar in the western Indian state of Gujarat January 11, 2013. Gujarat's chief minister Narendra M
strongNew York:/strong Ratan Tata, who has just stepped down as Tata group's head, has said that the biggest challenge for the $100 billion conglomerate's new Chairman Cyrus Mistry will be the country's business environment that is going to be tougher and more complex than the crisis of 1991. The big picture challenge is that the (business) environment is going to be tougher and more complex than it was in 1991. In 1991, there were less people aspiring to succeed in this newly opened economy. Today there are many, he said in an interview published by emTime/em magazine. [caption id=attachment_580985 align=alignleft width=380 strongNew York:/strong Ratan Tata,
strongMumbai:/strong Ratan Tata, who led the transformation of the Tata group from a conventional corporate house into a $100 billion global conglomerate with high-profile acquisitions abroad, will retire tomorrow ending a 50-year run in one of India's oldest business empires. Marking a generational change, Tata, who turns 75 on Friday, will hand over the reins of the group to 44-year-old Cyrus Mistry, who was chosen his successor last year and formally appointed chairman earlier this month.[caption id=attachment_570498 align=alignleft width=380 strongMumbai:/strong Ratan Tata, wh
As Ratan Tata steps down and Cyrus Mistry steps in at Bombay House Friday, top CEOs of the world have said the $100-billion Tata Group is India's best-known global brand within and outside the country. Ratan Tata occupies the well-deserved iconic status who has taken the group from largely an Indian family-owned business house into a professionally managed global conglomerate, a survey by Assocham said. About 77 percent of those who participated in the survey said they are confident Mistry will be able to steer the group well, it said. Assocham said it has surveyed about 78 top CEOs and heads of both domestic and foreign companies in the first fortnight of December. [caption id=attachment_566975 align=alignleft width=380 As Ratan Tata steps down and Cyrus
In this photograph taken on March 6, 2012, Chairman of India's Tata Motors Ratan Tata watches during the unveiling of the Tata Megapixel during a press day ahead of the 82nd Geneva Motor Show in Geneva. Indian tycoon Ratan Tata on December 9, 2012 said he was 'rattled' by his country's current image emerging from scams and retrospective taxation, a day after he denied calling Indian business environment 'venal.' In this photograph taken on March 6
In this photograph taken on February 28, 2012, chairman of India's top vehicle maker Tata sons, Ratan Tata, walks into a meeting in Geneva. The outgoing head of the Tata business empire warned on December 7, 2012, that a lack of government support was preventing Indian industry from competing with China and lashed out at a 'venal' business environment. In this photograph taken on Februar
Ratan Tata, the chairman of Tata Group, has said that British industry is being hit by costs and a dying supply chain, in an interview with a British newspaper published on Wednesday. India's Tata group owns Jaguar Land Rover, Tata Steel and Tetley Tea in Britain, and operates 19 companies with a 45,000-strong workforce across Europe, according to its website. [caption id=attachment_545695 align=alignleft width=380 Ratan Tata, the chairman of Tata Gr
What is it about Ratan Tata that makes him the distinguished entrepreneur that he is? Tata's style of functioning is characterized by his low profile as a person despite the fact that he holds one of the most important corporate positions in the land. Simply put, he likes to let his bat do the talking. That he hardly gives interviews and rarely reveals his personal side makes him somewhat of an enigma in corporate circles. Tata Group insiders who have worked closely with him for long say it is his quiet resolve which is the hallmark of the man as a leader. [caption id=attachment_543120 align=alignleft width=380 What is it about Ratan Tata that ma
Tata Group head Ratan Tata has said that though India had many changes of government, the outlook might not be as bad as one might think. However, Tata, who was awarded an honorary Doctorate of Business from the University of New South Wales, said he feels that the fabric of Indian values and ethics was slowly deteriorating, especially in the business community. [caption id=attachment_539308 align=alignleft width=380 Tata Group head Ratan Tata has said
Rata group chief Ratan Tata on Tuesday stepped down as Chairman of Tata Global Beverages with immediate effect, making way for successor Cyrus Mistry, who has also been inducted into the board of Indian Hotels Company. In two separate filings to the BSE, the two firms said the respective meetings of the Board of Directors decided the changes as per Tata's retirement plans in December 2012. [caption id=attachment_529912 align=alignleft width=380 Rata group chief Ratan Tata on Tues
What lies beneath Ratan Tata's keen interest in US-based luxury hotelier Orient-Express Hotel? Is it just the huge opportunity the chain of luxury hotels will add to Indian Hotel's platter or is Tata wary of investing at home given the hurdles faced in doing business in India post 2008? It is a well known fact that Orient Express is not new on Tata's, who retires as chairman of the Tata Group in December, wishlist. [caption id=attachment_519470 align=alignleft width=380 What lies beneath Ratan Tata's keen
Indications are that Ratan Tata may not be able to fire that big-bang parting shot with acquisition of Orient Express, the Bermuda-headquartered group that owns and operates luxury hotels, trains, cruises and restaurants worldwide. According to a a href=http://www.bloomberg.com/news/2012-10-28/orient-express-seen-passing-up-highest-premium-real-m-a.htmlreport/a in emBloomberg/em, traders are betting that the board of the luxury chain will turn down the offer from Indian Hotels Company (IHCL) that owns the Taj Hotels brand in India. IHCL has offered $12.43 for Class A share each, which according to the report is the highest takeover premium in the hotel industry. Class A shares are those with voting rights. [caption id=attachment_507560 align=alignleft width=380 Indications are that Ratan Tata may
Starbucks Chief Executive Office Howard Shultz, left, and Tata group chairman Ratan Tata pose for the inauguration celebrations of the first India outlet of Starbucks in Mumbai, India, Friday, Oct. 19, 2012. Starbucks inaugurated its first store in India Friday in a historic building in southern Mumbai as the Seattle-based coffee giant seeks growth in a market long associated with tea drinkers. Starbucks Chief Executive Office Ho
Tata Groups Chairman Ratan Tata speaks during a function to celebrate launch of the country's first new Starbucks outlet in Mumbai on October 19, 2012. Starbucks, the world's biggest coffee chain, launched its first Indian outlet on October 19 in an upscale part of Mumbai, becoming the latest global firm to tap the urban youth's growing taste for caffeine. The Seattle-based firm has finally entered the vast Indian market in a joint venture with the country's giant Tata conglomerate, making an initial $78 million investment and aiming for 50 cafes by the year's end. Tata Groups Chairman Ratan Tata spe
strongSrinagar:/strong Ratan Tata, chairman of the Tata Group, said here on Friday that Congress general secretary Rahul Gandhi had opened the door for India Inc. to invest in Jammu and Kashmir. During a meeting with the local entrepreneurs here Friday, Ratan Tata said: Rahul Gandhi has opened not only a window but a door for Indian Inc. to invest in Jammu and Kashmir. We are keen to invest in the state and play our role in its development. Batting for closer coordination between industrial houses and entrepreneurs to venture in the industrial and trade sectors in the state, both Chief Minister Omar Abdullah and Rahul Gandhi said Jammu and Kashmir possesses rich potential for area specific industrialisation. They added that investors have greater opportunities to invest in the state. [caption id=attachment_481563 align=alignleft width=380 strongSrinagar:/strong Ratan Tata,
Tata Group Chairman Ratan Tata today met Jammu and Kashmir Chief Minister Omar Abdullah and expressed his desire to expand his group's activities in the state. Tata arrived in Kashmir this morning for interaction with the students of Kashmir university, a programme being organised by Congress leader Rahul Gandhi. Rahul's delegation includes other top corporate chiefs who will also be addressing the students. The delegation of businessmen includes Ratan Tata, Kumar Mangalam Birla, Azim Premji, Deepak Parekh and Ravi Bajaj. The event aims at allaying the fears of big business houses who want to invest in the state and create jobs in the valley. It has been a real step forward to have a conversation with the great wealth of human capital that exists here. What Mr Gandhi has done is not open a window, but open a door, Tata said. During the breakfast meeting, they explored the possibility of cooperation in information technology, hospitality, agro-product and horticulture sector, officials said. Both agreed that a top-level delegation from the state government and the Tata group will meet soon to discuss mutually beneficial areas. [caption id=attachment_480798 align=alignleft width=380 Tata Group Chairman Ratan Tata toda
strongSrinagar:/strong Tata Group Chairman Ratan Tata today met Jammu and Kashmir Chief Minister Omar Abdullah and expressed his desire to expand his group's activities in the state. During the breakfast meeting, they explored the possibility of cooperation in information technology, hospitality, agro-product and horticulture sector, officials said. Both agreed that a top level delegation from the state government and the Tata group will meet soon to discuss mutually beneficial areas. [caption id=attachment_480755 align=alignleft width=380 strongSrinagar:/strong Tata Group C
Outgoing Tata Group Chairman Ratan Tata addressed his final AGM for Tata global beverages in Kolkata today, and emotional shareholders took the opportunity to pay emotional and effusive tributes. Tata made a short speech, seeking the support of shareholders for incoming Chairman Cyrus Mistry, and unveiling some of the future plans of the company. This was followed by various shareholders who spoke and paid tribute to him. em/em [caption id=attachment_437899 align=alignleft width=380 Outgoing Tata Group Chairman Ratan
strongNew Delhi/strong:The other day, Ratan Tata told ema href=http://business-standard.com/india/news/nano-needs-another-push-says-ratan-tata/484008/Bloomberg TV/a/em in an interview that he would like to take another shot at making the Nano successful. He said: The Nano is something I would love to make successful because I don't think it's exploited its full potential right now. There has to be another push to make Nano what it can be. We've got news for Mr Tata. emFirstpost/em talked to Tata dealers in the capital and most of them say the Nano can't be lifted out of the ditch unless there is a new Nano-a refreshing new product. In other words, unless Tata launches new Nano models or spends a significant amount of money in marketing and promotional push, his aspirations for the Nano may remain a mere pipe dream. [caption id=attachment_427234 align=alignleft width=380 strongNew Delhi/strong:The other da