Key Points
Ratan Tata, former chairman of Tata Sons, the holding company of The Tata Group, passed away late Wednesday night (October 9)..
Under his leadership, Tata Group emerged as a global conglomerate expanding its footprint across various sectors such as steel, automobiles, information technology and aviation...
Similarly, Tata Steel acquired Anglo-Dutch steelmaker Corus Group for $12 billion in 2007 and became one of the largest steel-producing companies in the world...
Many believe that his modest beginnings in 1961, when he used to run the shop floor operations for Tata Steel, laid the foundation for his leadership roles within the group..
He returned as interim chairman of the group when Mistry was overthrown and passed on the baton of the group to N Chandrasekaran in January 2017 and moved into his note of chairman emeritus of Tata Sons...
