Ratan Tata

Ratan Tata regrets Singur incident

Submitted by Devang Murthy on Wed, 08/25/2010 - 10:32.

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Ratan Tata

While the country's largest auto major, Tata Motors didn't take much time in shifting its plant

from Singur in West Bengal to Gujarat after it faced a lot of criticism in the State but Tata

Group Chairman Ratan Tata recently said that the tycoon regrets Tata Motors could not do

the Nano car project which it wanted to do in West Bengal.

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Tata Motors eyes CV biz in a big way

Submitted by Keshav Seth on Thu, 08/12/2010 - 18:54.

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Ratan Tata

Tata Motors

India

Ratan Tata-led Tata Motors has recently said that the company is planning to expand its operations in the CV

business and the company will launch a couple of models in the Indian market in the coming times.

Tata Motors Group's Managing Director and CEO, Carl Peter Forster recently said that the company will launch

a few more models in the Indian market by the year-end.

While the move comes in the wake of a rising demand for trucks and automobiles in the domestic market,

Forster also mentioned the fact that the upcoming models will be from the Jaguar brand in the domestic circuit.

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Successor shouldn't be anti or pro-Parsi-Says Ratan Tata

Submitted by Devang Murthy on Wed, 08/11/2010 - 10:32.

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Finally, Tata Group Chairman, Ratan Tata has opened his mouth over the issue

of his successor. At the Annual General Meeting of Tata Chemicals he was

quizzed on his successor.

The shareholders had asked that whether a "Parsi, Indian or a foreigner" is going

to replace him. In replay Mr. Ratan Tata had said that the Tata group is an Indian group. It doesn’t belong to

any single group like Parsi or anybody else. Mr. Tata has also said that his successor won’t be either pro or anti

Parsi.

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Ratan Tata Named 'Businessman Of The Decade'

Submitted by Keshav Seth on Sun, 08/08/2010 - 08:12.

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Ratan Tata is the epitome of sincerity, truthfulness and inspirational leadership, is

how Maharashtra Governor K. Sankaranarayanan explained the entrepreneur while

declaring him with the 'Businessman of the Decade Award'.

After giving the prize on behalf of the Federation of Indo-Israeli Chambers of

Commerce, Gov. Sankaranarayanan valuated Tata for placing the nation foremost

and maintaining morality and trusteeship in businesses.

The governor also said that the Tata Group touched the life of every Indian by some means.

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Tata's new head to be announced by March

Submitted by Keshav Seth on Fri, 08/06/2010 - 14:35.

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Tata Group

India

Finally a time has been set in the long awaited announcement. Tata Group is expected to get the successor of

Ratan Tata by March next year. At least name of the person is going to be revealed by that time.

A panel has already been formed by the Tata Sons to decide upon the name just two days back. The group

currently has sales of $71 billion and has 98 companies under its fold.

The successor is going to be chosen much ahead of Ratan Tata's retirement which is to take place in 2012.

Such a time lag is important so that a smooth transition can be ensured.

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Tata Sons scouting for the next Ratan Tata

Submitted by Devang Murthy on Thu, 08/05/2010 - 15:07.

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Tata Group

India

In a major announcement in the country, the $71-billion Tata Group has recently

said it has already begun the process to select a successor for its chairman, Ratan

N Tata, who is due to retire by the end of 2012.

Tata Sons, which is the holding company of the Group has said that it has formed a

five-member selection committee, to scout within the group as well as outside and

overseas.

It is to be mentioned here that while the company refrain from the divulging the names of the people in the

committee but said one of the members will come from outside the country.

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Committee set up to find Ratan's successor

Submitted by Shilpa Mahapatre on Thu, 08/05/2010 - 08:11.

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A selection committee has been set up by the board of Tata Sons in a bid to find

out the successor of current Chairman of the conglomerate, Ratan Tata.

The constitution of the committee is going to have five members including one

external member as well. Ratan Tata is going to retire in December 2012 and the

panel is said to have started its work already.

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Sanand land on a high

Submitted by Devang Murthy on Tue, 07/27/2010 - 08:48.

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India News

Since the point of time when the Chief Minister of Gujarat Narendra Modi sent an SMS to Ratan Tata to come

to Gujarat and it make it the home for the small wonder - Tata Nano, the Sanand land has turned into gold.

According to the estimates, after Tata's decided to shift to Gujarat, the land prices have gone up by almost 25

times and the farmers operating and living around the area are surely thanking their stars.

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Nano selling in black

Submitted by Devang Murthy on Tue, 05/11/2010 - 21:53.

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Tata Motors

India

After Ratan Tata made his dream of launching a car priced at Rs. One lakh true in 2009 when it officially gave

the keys of its first owner, the small wonder from the Tata Motors stable was believed to create magic in the

Indian automobile industry.

However, the fact that it still hasn't reached a state of high volumes, the road has still many miles left for Nano

to cover.

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Tata Nano may lose its one-lakh tag

Submitted by Devang Murthy on Mon, 03/15/2010 - 11:27.

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Tata Motors

While it was Ratan Tata's dream to launch small and affordable car for Indian

consumers with a price tag of Rs. One lakh car was successful as the company

launched it last year amid tremendous coverage from media agencies, the car

may lose its price advantage. The small car will most probably lose the one-lakh

tag soon as the second round of bookings open in the last quarter of the current

year.

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Ratan Tata Eyes Investment In Canadian Mining Segment

Submitted by Shilpa Mahapatre on Sat, 02/20/2010 - 09:11.

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TCS

Canada

Tata Group chairman Ratan Tata has said his company will strengthen its presence

in Canadian market, hinting at mining as one of the fields.

Presently, Tata Consultancy Services (TCS) has businesses across Canada, having

offices in Montreal, Calgary and Mississauga in the Greater Toronto Area and

presence in other cities.

The group bought the Canada-based Teleglobe in the year 2005. Based in Montreal, it runs as a division of

Tata's Videsh Sanchar Nigam Limited.

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West Bengal government initiates talks with Tatas to get back Singur land

Submitted by Divesh Sharma on Sun, 12/27/2009 - 19:02.

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Ratan Tata

Tata Motors

Singur

West Bengal

During the course of his conversation with reporters at the Secretariat on Saturday, West

Bengal Chief Secretary Ashok Mohan Chakraborti confirmed that the State government

had initiated formal talks with the Tatas about getting back the Singur land, taken by the

Tata group for locating its Nano small car project.

The 997-acre land, which the government had acquired on behalf of the Tatas and leased out to Tata Motors

for setting up Nano factory, has been left unused by Tata. Since the land has not been put to use as per the

terms of the agreement, the government is asking the company to return it.

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Most B-school students fear recession has hit placements

Submitted by Hardeep Sidhu on Fri, 12/18/2009 - 14:14.

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Ratan Tata

India

New Delhi

New Delhi, Dec 18 : A survey amongst 1,362 students in 40 business schools

across the country reveals that 74 percent of them fear that recession has affected

their placement opportunities.

The study, conducted by the Nielson group said that corporate honcho Ratan Tata is

the role model of most management students.

"In line with last year's survey, Ratan Tata remains the role model for management

students due to graduate in 2010," the survey said.

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‘The quest is to create enhanced lifestyle, not develop cheap products’

Submitted by Sarthak Gupta on Tue, 12/08/2009 - 07:25.

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India

Ratan Tata speaks to HT on Swach, the new water purifier from his group.

On the strategy behind ‘Swach’

75 per cent of the rural population does not have access to safe drinking water. The Tata Group took this

challenge of providing safe drinking water four years ago. The basic idea stems from the Tata Group’s

philosophy to enhance the quality of life.

On marketing this product The company is using the AIR (awareness, innovation and reach) philosophy to

market the product. It is banking on Tata Salt’s distribution network and is looking at tie-ups with NGOs and

private partners as well. Tata is looking at traditional as well as non-traditional partnerships.

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Ratan Tata says willing to return Singur land if compensated

Submitted by Mohit Joshi on Tue, 09/01/2009 - 12:55.

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Kolkata

West Bengal

Kolkata, Sep. 1 : TATA Group chairman Ratan Tata on Tuesday told a press conference

here that the failed NANO plant at Singur had cost him about 500 crore rupees, and he

was willing to return the land if the State Government compensated Tata Motors.

"We do not want to sit on the land. We will return it if the State Government compensates

us for the investments made there,” Ratan Tata said.

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Tatas look to cut operating costs at JLR

Submitted by Keshav Seth on Wed, 08/26/2009 - 14:58.

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Tata Motors

United Kingdom

TATAs have announced to take some concrete measures to curtail

rising operational costs at Jaguar Land Rover (JLR) in order to improve

margins and to turn it into a cost effective company.

However, the company has not announced any official time frame to

revive JLR.

Company’s Chairman Ratan Tata, addressing the 64th annual general meeting of the company, said, “We

would finance and leverage the company even further. There have been some encouraging signs. There are

some new products still to come.”

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Tata warned to accept revised Jaguar Land Rover deal

Submitted by Sahil Nagpal on Sun, 07/19/2009 - 06:17.

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Tata Motors

United Kingdom

London, July 19 : British Business secretary Lord Mandelson has warned Tata Motors, the owner of Jaguar

Land Rover (JLR), to accept a revised proposal to guarantee hundreds of millions of pounds in short-term

funding or risk seeing it taken off the table.

Following a fresh funding proposal that was made by the British Government earlier this month, Mandelson

warned Tata Motors recently.

The revised deal proposed by the Government is understood to have removed a contentious condition

contained in the original offer to which Tata objected that would have given the taxpayer board representation

at the JLR.

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Ratan Tata delivers first Nano in Mumbai

Submitted by Keshav Seth on Sat, 07/18/2009 - 14:01.

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Tata Motors

Mumbai

Ratan N. Tata, the Chairman of Tata Sons and Tata Motors, handed over first

lunar silver Tata Nano LX to Ashok Raghunath Vichare in Mumbai, at Tata's

concord Motors dealership. Another customer, Ashish Balakrishnan, also

brought sunshine yellow Tata Nano LX.

Speaking on the occasion, Mr. Ratan Tata said: "I hope the Tata Nano will bring motoring pleasure to those

who will be buying their first car as also those who currently own cars but want a modern, contemporary,

emission-friendly city car."

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Ratan Tata presents Nano to first three customers

Submitted by Mohit Joshi on Fri, 07/17/2009 - 13:17.

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Tata Motors

India

Maharashtra

Mumbai

Mumbai, July 17 : Tata Motors Chairman Ratan Tata presented the first Tata

Nanos, the world's cheapest car, to three customers at a dealership in the

Prabhadevi area in central Mumbai on Friday.

The keys of the three cars were delivered to Ashok Vichare, Ashish

Balakrishnan and A. Chandrashekaran. One of them said that he would be driving his historic car to Mumbai''s

Siddhivinayaka Temple. Tata Motors said that 100,000 Nano cars would be delivered to customers at Rs. 100,

000 each by March 2010.

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Tata plans to raise £1billion

Submitted by Keshav Seth on Tue, 05/12/2009 - 05:51.

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United Kingdom

The cash-starved company Jaguar Land Rover (JLR) is working on the idea to

raise up to £1 billion by September to satisfy its cash needs according to

reports published in British media.

The Tata group company is also exploring options for an overseas bond issue

to bridge loan repayments by June.

Earlier, Tata Chief Mr. Ratan Tata, while criticizing British government for ignoring manufacture segment,

termed the acquisition of Anglo Dutch steelmaker Corus and British Marquee JLR as a step taken in haste and

said that nobody could sense the coming global recession