7 Things About Business Magnate Ratan Tata That Are Interesting To Know

Ratan Tata is a born rich, but has immense value for money. He has solutions for the smartest investments and has taken Tata to new heights all alone.

Ratan Tata is the great grandson of Jamsetji Tata, who is the founder of the Tata group. He is regarded as the backbone of the Tata Industries, and the most successful businessman of India.

Here are some interesting facts about his life:

1. Ratan Naval Tata is the former chairman of the Tata sons, was also the chairman for Tata Group for 21 years then stepped down, again become the chairman on 24th October 2016 for an interim term.

2. He has won the two highest civilian awards in India, Padma Vibhushan and Padma Bhushan.

3. He is the son of Naval Tata, adopted by Navajbai Tata from J.N. Petit Parsi orphanage.

Photo : outlookindia.com

4. Ratan Tata was born in 1937, his parents Naval and Sonoo separated in 1948. Ratan Tata and his brother Jimmy both were raised by their grandmother Navajbai Tata.

5. Ratan Tata completed his schooling from Mumbai and Shimla, receiving a B.Arch degree in architecture with the structural engineering from Cornell University in 1962, and also achieving the Advanced Management Program from the Harvard Business School in 1975.

6. When Ratan Tata and his team went to ford in 1999 to sell a car they faced humiliation. But in this world what goes around comes back around, as Tata took over the America’s giant brands Jaguar and Land Rover.

7. In 1961 Ratan Tata got a job opportunity from IBM and he rejected it, instead Ratan Tatajoined his family business started from scratch, and look at Tata now the biggest company in India. That’s not all he also worked as a blue-collar employee at Tata Steel, Jameshedpur till 1971. 

Photo : livemint.com

Bonus:

After the Taj attacks of the 26/11, the Taj Group of Hotels owned by Tata launched their biggest remodelling of all the hotels in India and abroad. Companies from Pakistan also applied to make their bid stronger, visiting the Bombay House which is the head office of Ratan Tata with an intention of meeting him without a prior appointment. The 2 Pakistani’s were made to sit for hours and then told that Mr. Tata cannot meet anyone without an appointment and is on a busy schedule. These 2 Pakistanis then went to the New Delhi High Commission and met a minister. This minister then called up Ratan Tata, requesting him to meet these industrialists from Pakistan and asking him to consider their tender. Ratan Tata replied, “You could be shameless, I am not”.

After the 26//11 attacks he also visited the 80 families of the employees who were personally affected. He also gave them full compensation, took care of the education of their children and bore all medical expenses.

At another time, the Pakistani government placed an order of the Tata Sumos to be imported to Pakistan but Ratan Tata refused to ship a single car into that country.

Preview Photo: Forbes

Samyak Sheth
Samyak Sheth

A traveller and journalist who views the world wearing multi-coloured goggles. He believes that life is to live not to survive.

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