Ratan Tata: The country’s leading businessman Ratan Tata died at Breach Candy Hospital in Mumbai. He was admitted to the hospital for his checkup. Earlier, Tata had issued a statement saying that his health is fine and there is no need to worry.
Ratan Tata needs no introduction. The industrialist, entrepreneur and honorary chairman of Tata Sons is known for his good works. There are some interesting and many such stories about this 86 year old businessman, which you might not know about.
Ratan Tata’s parents separated in 1948 when he was only ten years old and hence he was brought up by his grandmother, Nawazbai Tata. Let us tell you that Ratan Tata is unmarried. It is interesting to note that they came close to getting married four times, but could not do so due to various reasons.
On what issue did you disagree with your father?
Ratan Tata had openly mentioned about the differences with his father in an interview given to ‘Humans of Bombay’. He was not very close to his father Naval Tata, there were differences between the two on many things. He wanted to learn violin as a child, but his father wanted him to learn piano. There was a difference of opinion between the two on this. Apart from this, Tata wanted him to go to America to study, whereas his father wanted to send him to Britain. Tata himself wanted to become an architect, but his father insisted that he become an engineer.
If India-China war had not happened, Tata would have been married.
He once admitted that there was a time when they fell in love while they were working in Los Angeles, but due to the India-China war of 1962, the girl’s parents were against sending him to India. . After which he never married. After this, Ratan Tata got engrossed in the business world and then did not get a chance to think about his personal life.
As soon as he became chairman, 3 people were fired from the company.
In the year 1991, Ratan Tata became the chairman of Tata Sons for the first time. Before this, JRD was the chairman of Tata company. JRD had given complete command of the company to only three people. These three used to take all the decisions. When Ratan Tata became the chairman, the first thing he decided to do was to change the leadership of the company by removing these three. He felt that all three had taken over the company.
Ratan Tata came up with a retirement policy. Under which any director will have to be removed from the board of the company after the age of 75. After the implementation of this policy, the first three had to abdicate.
Let us tell you that in 2009 he promised to make the cheapest car which the middle class of India could buy. He kept his promise and launched Tata Nano for ₹1 lakh. He is also known for his charity. Under his leadership, the Tata Group launched the $28 million Tata Scholarship Fund at Cornell University to provide financial assistance to graduate students in India.
Also read: Veteran businessman Ratan Tata’s condition critical, undergoing treatment in ICU