Ratan Tata:
People can pay their final respects to Ratan Tata’s body today from 10 a.m. to 4 p.m. at the National Centre for Performing Arts (NCPA) at Mumbai’s Nariman Point.
Mumbai: According to Maharashtra Chief Minister Eknath Shinde, industrialist Ratan Tata, who passed away on Wednesday at the age of 86 in a Mumbai hospital, would be cremated with full state honours. Additionally, in honor of the late businessman, the state government has set aside Thursday as a day of mourning.
Mr. Shinde declared that, as a sign of respect, all government offices in Maharashtra shall fly the national flag at half mast. Events that were supposed to take place on Thursday have been canceled.
People can pay their final respects to Mr. Tata’s body today from 10 a.m. to 4 p.m. at the National Centre for Performing Arts (NCPA) in Mumbai’s Nariman Point. Later that day, in the Worli region, there would be a cremation.
Mr. Tata was described by Chief Minister Shinde as the “ideal amalgamation of ethics and entrepreneurship”. “He was a role model for future generations of entrepreneurs and a symbol of India’s industrial growth,” stated Mr. Shinde.
“Everyone will never forget the resolve he shown in the wake of the 2008 Mumbai assault. We will never forget his strong judgment, brave demeanor, and dedication to society. Mr. Shinde continued, “The late Ratanji Tata’s last rituals would be carried out with full state honours.
After taking over the Tata Group’s leadership in 1991, Mr. Tata played a key role in the conglomerate’s acquisition of foreign companies including Corus and Jaguar Land Rover. He increased the group’s clout in a variety of industries, including information technology, steel, and automobiles. A Padma Vibhushan laureate, Mr. Tata resigned in 2012, but he stayed involved in philanthropy and continued to lead the organization.
Tributes and expressions of sorrow from all throughout the nation have been triggered by his passing. Prime Minister Narendra Modi recalled Mr. Tata as a kindhearted person and a visionary businessman. Prominent business figures Anand Mahindra, Sundar Pichai, and Gautam Adani all expressed their condolences.
Journey of Ratan Tata
One of India’s most influential and well-liked billionaires, Ratan Tata, passed away in Mumbai on Wednesday. He built his family’s commercial empire, the Tata Group, into a worldwide company with well-known brands throughout the world. It was his 86th birthday.
His passing was reported by the Tata Group in a statement that omitted to mention the cause. He had received care in a hospital’s critical care unit, according to Reuters.
From 1991 until 2012, he served as chairman and chief executive for 21 years, during which time the Tata Group’s profits increased fiftyfold. The majority of these profits came from the export of well-known Tata products, like Tetley tea and Jaguar and Land Rover automobiles.
Under Mr. Tata’s direction, the conglomerate’s influence domestically remained stronger than ever despite its global reach. Indians from the middle class found it nearly impossible to get by each day without acquiring products and services from Tata. They utilized uncountable things built with Tata steel, rode in Tata cabs or drove their own Tata cars, woke up to Tata tea, used Tata Photon to surf the internet, and watched television shows on Tata Sky.
Other family-run business conglomerates started to match or surpass the Tata Group in terms of sales and valuation in the 2010s. But none of the new magnates had the public respect that Mr. Ratan Tata had, having donated most of his fortune to philanthropy and investing in young, underfunded entrepreneurs’ first ventures.
The Tata Group’s unique ownership structure heightened Mr. Tata’s appeal. The Tata family’s philanthropic trusts owned two thirds of the parent firm, Tata Sons Pvt. Ltd., which held the majority of the shares.
Mr. Tata eschewed public recognition in favor of maintaining a private, reclusive lifestyle as a single, shy guy without children or a spouse. However, late in his tenure, he urged Tata’s board to remove his own choice for successor, which landed him in the center of a massive scandal. Years passed before the resulting court dispute was resolved, and it received ongoing media coverage.