Known for his humility, Ratan Tata leaves behind a legacy of compassion and generosity

The shares were sold between June 20, 2024, and November 11, 2024, at an average price of Rs 446.402 apiece through an open market sale.

Ratan Tata, the recently deceased patriarch of the Tata Group, symbolized India's industrial evolution and global ambitions. Despite mixed successes in global ventures like Corus Group and Jaguar Land Rover, he pushed for India’s integration into global markets, diverging from the local focus of current government policies.

Ratan Naval Tata, the business titan and global icon who led the Tata behemoth from thirty countries to over a hundred since becoming chairman in 1991, died today at Mumbai's Breach Candy Hospital. He was 86.

Ratan Tata, born on December 28, 1937, is the Chairman of Ratan Tata Trust, two of the largest private-sector-promoted philanthropic trusts in India.

Industrialist Ratan Tata, who passed away at the age of 86, is credited with transforming the Tata Group's portfolio during his tenure as chairman to include products from salt to software to sports cars.

Founded in 1868, Tatas have become one of largest and most diverse global conglomerates. It is a name heard in almost every home in India and tens of millions overseas.

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'If there is one thing we can learn from his life, it is that we should work hard, think positive, be helpful and live life to its fullest.'

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He wore his achievements lightly, with humility and kindness.

The final rites of renowned industrialist and philanthropist Ratan Tata were performed with full state honours at a central Mumbai crematorium on Thursday evening.The Mumbai police paid tribute to Tata with a gun salute.

Earlier this month, Ratan Tata had invested in Tracxn Technologies and followed it up with pet care portal DogSpot and online cashback and coupons venture CashKaro.

The startup sources generic drugs directly from the manufacturer and sells it to retail pharmacies.

The post India: Ratan Tata picks up stake in pharma startup Generic Aadhaar appeared first on DealStreetAsia.

Eminent industrialist Ratan Tata, on Sunday took to Instagram to call out a fake news article and a quote which was attributed to him. Taking to the gram, the 82-year-old business veteran shared a picture of a news clipping that read, "Ratan Tata's message: 2020 is the year of survival, don’t worry about profit and loss."

A screengrab of Ratan Tata's Instagram story

While sharing a story on Instagram, Ratan Tata wrote, "The following article has not been written or said by me. He also shared a picture of the article with 'Fake News' written on the newspaper cutting. Urging people to always verify news sources, Ratan Tata said, "I will endeavour to call out fake news whenever I can."

Talking about the fake article which has a quote attributed to him, Ratan Tata stated, "My picture alongside a quote does not guarantee me having said it, a problem that many people face." The business magnate also called out the fake news and shared it with his 8.5 million followers on Twitter.

I’m afraid this too, has not been said by me. I will endeavour to call out fake news whenever I can, but would encourage you to always verify news sources. My picture alongside a quote does not guarantee me having said it, a problem that many people face. pic.twitter.com/pk0S75FxPA

— Ratan N. Tata (@RNTata2000) May 3, 2020

Since being shared online, Ratan Tata's tweet has garnered over one lakh likes and about 25,000 re-tweets and counting. This isn't the first time that the senior statesman has taken on fake news circulating under his name. Earlier, Mr. Tata had shared another fake article attributed to him and which spoke about the impact of coronavirus on the economy.

In the spirit of solidarity pic.twitter.com/1Svx5JZ0Vb

— Ratan N. Tata (@RNTata2000) April 5, 2020

While sharing that the article was fake, the industrialist stated that if he has to say something, he would say it on his official social media channels. Debunking the false article, Mr. Tata urged people to stay safe and take care of themselves amid the coronavirus crisis.

Nearly a month ago, Ratan Tata shared a beautiful picture of India's COVID-19 warriors. While sharing the picture with his followers, Mr. Tata urged people across the country to unite in the battle against the global pandemic.

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Terming the Covid-19 crisis as a wake-up call, Ratan Tata, Chairman Emeritus of Tata Group, on Monday slammed the housing policies under which slums are moved from one location to the another.

Speaking at a webinar, Tata said, "For the first time, the close proximity and low value structures that we have built are the cause of new problems. The last few months have taught us that we're suffering from close proximity".

"The corona issue is a wake-up call of what beholds us and what our concern is as it turns around us and holds us back. I think there should be a re-examination of what we consider to have acceptable standards in terms of quality of life. Perhaps there ought to be a revision in terms of the fact that we are dealing with communities, we're dealing with populations that need to be a part of new India," he underlined.

On the issue of slums being relocated, Ratan Tata said, "We just go to affordable housing, slum elimination. We're trying to remove slums by moving them to another location, high value housing is being put over there. Slums are the residue; we're building a vertical slum.

"For the first time, the close proximity, low value structures that we have built are the cause of new problems. The last few months have taught us that we're suffering from close proximity. We have the image we want to project of ourselves and there's a part we want to hide. We have social responsibilities as architects and builders."

He further said: "We are creating a community which we're ashamed of. We should be really driven by the desire of creating, it creates a world culture.

"I think the happenings of the last few months have should have been a wake-up call for us. We have been humbled to realise that a disease could run across the globe, totally changing the dimension of how we are and what we do."

"I think we have to consider this issue as being our problem, and not their problem. We need to concern ourselves with the quality of lives everywhere. We need to ask ourselves, are we ashamed of what we see or proud of what we see'. We need to consider urban communities as one," he said.

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Ratan Tata has issued a clarification in regards to media reports stating that he has bought up to 50% stake in Mumbai teen's pharmacy chain called Generic Aadhar.

Tata, who also invests in start-ups, also said old-age businesses will recede and the young founders of innovative companies are the future leaders of the Indian industry

Generic Aadhaar supplies quality generic drugs from reputed manufacturers at up to 80 per cent lesser cost and other medicines 20-30 per cent cheaper.