Ratan Tata is the chairman of the Tata Group, as well as, other major Tata companies, and has a net worth of $1 billion. Ratan Tata has accumulated his net worth through his career at Tata Sons. He started out shoveling limestone and tending to the blast furnace, in Jamshedpur, on the ground floor.
In 1971, he became the Director of NELCO, which was not doing so well, at the time. He was able to up the market share by 23%, but the company quickly began to decline, due to labor issues and the economy. He helped to turn around the Empress Mills, but, because he wasn't allowed the Rs 50 lakh he needed, the company hit bottom, and was shut down in 1986. Since then, Ratan has taken over the position of Tata Industries chairman, after JRD Tata stepped down, in 1981 and has become the group chairman of the Tata group. He was responsible for obtaining many companies, such as Tetley, Land Rover, Corus, and Jacquar. Other major Tata companies include Tata Steel, Tata Motors, Tata Teleservices, The Indian Hotels Company, Tata Power, Tata tea, and Tata Chemicals. Ratan Tata is known for turning Tata into a worldwide success.
This story is from the February 2020 edition of Business Sphere.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the February 2020 edition of Business Sphere.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
6 Best Countries To Live In
There's a lot to consider before moving abroad: how the transfer will change your daily life and influence your family; whether the health care will meet your needs.
Vijay Laxmi Labels Pvt. Ltd. - Barcoding its way into the hearts and minds of the clients
Barcodes is one labeling narrative that seems to have taken over the entire culture of storing, warehousing, and shopping, per se.
The truth and nothing but the truth
One would expect anyone, much less an IPS officer who has been in public gaze for over four decades for his extraordinary exploits, to be very careful to cover his tracks when he makes his diaries public.
World Bank's Ease Of Doing Business Ranking 2020 — Top 10 Countries
What is the first thing that comes to mind while thinking about starting a new business?
SK SYSTEMS PVT. LTD. - The roadmap to success is only and only sheer toil
The top management of any successful corporation makes a big difference to the overall efficiency, work-life balance of the employees, and to the working capacity of the units. If the head honchos are positive and charged up, the day, month, and year, of the concerned company is surely made. It will really help in rolling in higher profits, bigger and better bottom-line figures, and up the ante of the morale of the entire team. Such kind of positivity seems to stem from the strong and surging vibe given by Mr. Ajay Bhargava, Managing Director and Mr. Sanjay K. Gupta, Mrs. Shobha Bhargava & Mr. Adesh Gupta, all Directors of SK Systems Pvt. Ltd.
Diseases you can curb with yoga
Yoga is an Indian art form which is more than a mere type of exercise or way of breathing.
PM dedicates Kochi - Mangaluru Natural Gas Pipeline to the Nation
Pipeline would improve the ease of living for the people of Kerala and Karnataka. Blue Economy is going to be an important source of Aatamnirbhar India : PM
Movies And Web Series That Created A Lot Of Hype This Year
2020 hasn’t been the best year. Art and artists came to our rescue and helped many of us sail through some tough times.
Ambition Gifts - It's all in a name
It’s all in a name. Or so say all of us. If this idiom is true, ‘Ambition Gifts’ of New Delhi surely have their name etched out in the sun.
Adani Wilmar stops ads featuring Sourav Ganguly after he suffers heart attack
Adani Wilmar, maker of Fortune brand of edible oils, has stopped all ads featuring former cricketer and Board of Control for Cricket in India (BCCI) president, Sourav Ganguly three days after he suffered a heart attack in his hometown, Kolkata.
