WHAT DOES TATA'S LEGACY MEAN TO YOUR MONEY

THIS column is not an obituary on Ratan Tata. The purpose of reading this column is to understand the connections between major events and your money. Tata's demise is certainly a significant business event. You must understand the impact he had on your money. The values he leaves behind will continue to influence your behaviour regarding money.

- RAJAS KELKAR

It is well established that in his lifetime, Ratan Tata's leadership created enormous wealth for the Tata Group businesses and shareholders. He nurtured people who enabled that remarkable surge to the $ 500 bn market value of the Tata Group by the time he stepped down from executive roles. If you invested in any Tata Group companies at the turn of the century and remained invested, you have made a fortune. As a minority shareholder, you may have had moments of frustration.