Ratan Tata dies at 86
Ratan Tata, the previous Tata Group chairman who put the Indian conglomerate on the worldwide stage with a string of high-profile acquisitions, has died, Tata Group mentioned in an announcement late on Wednesday evening. He was 86.
Just two days in the past, on Monday, the industrialist had in a social media publish debunked the rumours circulating round his well being, with a message for his followers: “Thank you for considering of me”.
“I’m conscious of current rumours circulating relating to my well being and wish to guarantee everybody that these claims are unfounded. I’m at the moment present process medical check-ups as a consequence of my age and associated medical circumstances. I stay in good spirits…” Mr Tata had mentioned in his social media publish.
Thank you for considering of me 🤍 pic.twitter.com/MICi6zVH99
— Ratan N. Tata (@RNTata2000) October 7, 2024
“I request the general public and media chorus from spreading misinformation,” the 86-year-old had mentioned in his final social media publish.
Announcing the demise, N Chandrasekaran, Chairman, Tata Sons, hailed the industrialist’s unwavering dedication to excellence, integrity, and innovation.
“It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a really unusual chief whose immeasurable contributions have formed not solely the Tata Group but additionally the very material of our nation,” mentioned Mr Chandrasekaran.
“For the Tata Group, Mr. Tata was greater than a chairperson. To me, he was a mentor, information and buddy. He impressed by instance. With an unwavering dedication to excellence, integrity, and innovation, the Tata Group underneath his stewardship expanded its world footprint whereas at all times remaining true to its ethical compass,” he added.
Drawing on Mr Tata’s dedication to philanthropy, Mr Chandrasekaran, mentioned “from training to healthcare, his initiatives have left a deep-rooted mark that can profit generations to come back”.
As information unfold, tributes poured in from associates, fellow industrialist and movie stars.
Mahindra Group Chairman Anand Mahindra mentioned he was unable to just accept Tata’s absence and all that could possibly be completed now was to emulate his instance.
Industrialist Gautam Adan mentioned “legends like him by no means fade away”.
RPG Enterprises Chairman Harsh Goenka hailed the industrialist as a “beacon of integrity”.
Prime Minister Narendra Modi hailed the tycoon as a “compassionate soul” and mentioned he “supplied steady management to one in all India’s oldest enterprise homes”.
“Shri Ratan Tata Ji was a visionary enterprise chief, a compassionate soul and a unprecedented human being. He supplied steady management to one in all India’s oldest and most prestigious enterprise homes. At the identical time, his contribution went far past the boardroom. He endeared,” the Prime Minister mentioned in a sequence of posts on X.
Ratan Tata grew to become chairman of the $100 billion steel-to-software conglomerate in 1991 and ran the group based by his great-grandfather greater than 100 years in the past till 2012.
He based telecommunications firm Tata Teleservices in 1996 and took IT firm Tata Consultancy Services public in 2004.
Long after retirement, Mr Tata remained a preferred determine on social media, with heartfelt posts about animal rights (significantly canines) and appeals to Indian residents.