Ratan Tata, an eminent industrialist, has departed from this life. At the age of 86, he passed away. Ratan Tata, the chairman of Tata Group, passed away on Wednesday. Age-related illnesses prompted his hospital admission on Monday. It became clear after this that his health was precarious.
Ratan Naval Tata, an Indian industrialist and philanthropist who served as chairman of Tata Sons, was born on December 28, 1937, and passed away on October 9, 2024. He was the Tata Group’s chairman from 1990 to 2012, and from October 2016 to February 2017, he held the position in an acting capacity. He oversaw its philanthropic trusts. After being awarded the Padma Bhushan, the third-highest civilian honor, in 2000, he was bestowed with the Padma Vibhushan, the second-highest civilian honor in India, in 2008.
The founder of the Tata Group, Ratan Tata, was the son of Naval Tata and was adopted by Ratanji Tata, the son of Jamsetji Tata. He received a bachelor’s degree in architecture from Cornell University College of Architecture. In 1961, he began working at Tata Steel, where he was employed on the shop floor. Later, once J. R. D. Tata retired from Tata Sons in 1991, he took over as chairman. In an effort to transform Tata from a primarily India-focused corporation into a worldwide enterprise, the Tata corporation purchased Tetley, Jaguar Land Rover, and Corus during his leadership. Tata was also among the world’s greatest philanthropists, giving away between 60 and 65 percent of his lifetime earnings to charitable causes.
Tata was a fervent investor as well, having invested heavily in a number of firms. In his lifetime, he has made over thirty start-up investments, some through his investment business and most in his individual capacity. At the age of 86, he passed away in 2024.
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