Published on March 7, 2014
KAUSTUBH BARVE - 121 WILBERT EMMANUAL – 76 SHIKHA AGARWAL – 78 AYENI NACHAN – 79 AKHILA WUNNAM - 75
Introduction Success Story Transformation Agenda Awards & Recognition
Born on December 28, 1937 Graduated with a degree in Architecture and Structural Engineering from Cornell University. Also completed advanced management programme at Harvard Business School. Appointed the Director-in-Charge of The National Radio & Electronics Company Limited (Nelco) in 1971. Became the Chairman of Tata Industries in 1981. Took over as Tata Group Chairman in 1991.
1962: Graduated from Cornell University with a Bachelor of Science degree in Architecture and Structural Engineering. Worked with Jones and Emmons in Los Angeles Joined Tata Steel at Jamshedpur in late 1962
1971: Appointed the Director-in-Charge of The National Radio & Electronics Company Limited (Nelco) 1977: Was entrusted with Empress Mills, textile mill controlled by the Tata’s 1981: Appointed as The Chairman of Tata Industries 1991: Took over as group chairman from J.R.D. Tata.
1998: Tata Motors came up with Tata Indica, the first truly Indian car. 2000: Tata Tea acquired the Tetley group of the UK for pounds 271 million ($435 million) - the biggest acquisition in the history of Indian Companies. 2003: Stepped down from executive position.
2004: Takeover of Tony hotels including New York's Pierre, the Ritz-Carlton in Boston, and San Francisco's Camden Place. 2007: Tata Sons successfully acquired Corus Group for an estimated £6.7 billion. “A defining moment for Tata Steel” – Tata said
Year 2008: “A promise is a promise”, said Ratan Tata unveiling the 'People's Car' a mini 4-seater priced, as promised five years ago, at Rs 1,00,000 (dealer price)
Nano—which means small in ParsiGujarati—turns out to be a font of innovation, generating as many as 40 new patents for Tata Motors
March 2008: Tata Motors under Ratan Tata bought over Jaguar & Land Rover from Ford Motor Company. The icons of British Luxury, Jaguar and Land Rover were acquired for £1.15 billion ($2.3 billion).
Returns must be greater than cost of capital. Economies of scale should be derived. Each company must be the industry leader occupying one of the top three positions. The business identified must have potential for high growth and should be globally competitive.
He was honoured with the Padma Bhushan – 26 January 2000 He was awarded the Padma Vibhushan - 26 January 2008 Recipients of the NASSCOM Global Leadership Awards-2008 Accepted the Carnegie Medal of Philanthropy in 2007 on behalf of the Tata family Honoured by Cornell University as the 26th Robert S. Hatfield Fellow in Economic Education – March 2006
Serves on the programme board of the Bill & Melinda Gates Foundation's India AIDS initiative May 2008, he made it to the Time magazine's 2008 list of the World's 100 most Influential people. The Asian Institute of Technology, Bangkok conferred the Honorary Degree of Doctor of Technology (Honoris Causa) in 2004
. His foreign affiliations include membership of the international advisory boards of * The Mitsubishi Corporation * The American International Group * JP Morgan Chase * Booz Allen Hamilton
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