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Ratan N. Tata Wiki/Bio
Ratan Tata, also known as Ratan Naval Tata, (born December 28, 1937, in Mumbai, India), is an Indian businessman who became director (1991–2012 and 2016–17) of the Tata Group, a Mumbai-based organization. When he was ten, he got isolated and from that point, he and his sibling were raised by his grandma, Navajbai Tata.
He was born on 28th December 1937, in Surat, India. He is also known by the name ‘Ratan Naval Tata’. Mr. Tata schooled in Mumbai and Shimla, in the Cathedral and John Connon School and Bishop Cotton School (Shimla).
He got a B.S degree in structural engineering from Cornell University in the year 1962, and the Advanced Management Program from Harvard Business School in the year 1975. He’s the great-grandson of Jamshedji Tata, the founder of the Tata group. Mr. Ratan Naval Tata received the Padma Vibhushan in the year 2008 and Padma Bhushan in 2000, the third and second highest civilian honors given by the Government of India.
Ratan Tata Life
There are many famous personalities in India; some are well-recognized worldwide. Regarding the wealthiest persons, India is ranked as the third country after US and China. Ratan Tata is one the richest and most famous personalities in India. He is loved by all the people of our country and also by foreigners as well. These personalities not only generate revenues but also pay a lot to boost our country’s economy. In this article, we will talk about Ratan Tata, who played a significant role in our country’s overall development. We will discuss his education, early life, personal life, career growth, awards & achievements, and net worth.
Who is Ratan Tata?
Ratan Tata is recognized as one the most successful Indian industrialists, and he was also an ex-Chairman of the largest Indian conglomerate, Tata Group of companies. According to the year 2022, he is now at the age of 84. Presently, he holds the position of Chairman Emeritus of Tata Sons, which is the Tata Group’s parent organization. It owns Tata Consultancy Services, Tata Motors, Indian Hostels, Tata Steel, Tata Power, and Tata Teleservices. At an early age, his parents divorced, and Ratan was nurtured and grew up by his grandmother. After graduating from college, he got started his family-owned company. He leaned his family’s company by doing the job as an employee at Tata Steel in 1962. He dominated his entire in his field and did many great works for his country. From 1992 to 2012, he served as Tata Group’s Chairman; from 2016 to 2017, he served as interim Chairman. Moreover, he was also awarded two of India’s highest civilian prized names: The Padma Bhusan in 2000 and The Padma Vibhushan in 2008.
Early Life and Education
Ratan Tata was born on 28 December 1937 in Bombay, now Mumbai, during the British Raj. His father’s name is Naval Tata, he was born in Surat, Gujarat and his mother’s name is Sonoo Tata. Ratanji Tata has two sons: Jamsetji Tata (younger son) and Naval Tata (adopted son). Naval Tata has two children named Ratan Tata and Noel Tata. When Ratan Tata was ten years old, his parents divorced; after that, he and his brother grown-up by his grandmother named Navajbai Tata. As they are from Gujarat, their first language is Gujarati.
Ratan Tata did his early education at the Champion School, Mumbai, till the 8th class. After that, he did his further schooling education from the Cathedral and John Connon School, Mumbai, and at Bishop Cotton School, in Shimla. After secondary education, he went to the US to pursue higher education. He graduated in 1995 from Riverdale Country School in New York City. Then, he earned a Bachelor’s degree by enrolling himself at Cornell University. In 1975, he got admission to the Harvard Business School to pursue a seven-week Advanced Management Program.
In his entire life, he has loved only one girl who belongs to Los Angeles, in the USA. While he was living in Los Angeles, he did a job over there, and at the same time, he fell in love with one girl. After that, his family member suddenly fell ill, so he had to return to India. But, the girl’s parents prohibited her from visiting India with Tata. His True Love doesn’t allow him to marry another girl. Ratan Tata is still single to keep his promise to that girl. Ratan also stated that in 2011 “I got quite close to being married four times, and each time I pulled out in fear or for one reason or another.”
In 1962, he started his career as a mining worker in his own firm. This job was stunning and challenging for him as it required a lot of workforces to do. He shoveled many stones and worked on the furnaces with the other laborers. By working in this sector, he learned more about his parent’s business, which helped him. After the JRD Tata in 1991, he was elected as the Chairman of Tata Sons. Under the leadership of JRD Tata, he improved the financial success of the industries and flourished the organization’s growth. He also served as a member of the Prime Minister’s Council on Trade and Industry. Presently, he is also an active participant in India’s AIDS initiative program.
In addition, he holds membership in the international advisory board of the Mitsubishi Cooperation, JP Morgan Chase, Booze Allen Hamilton, and the American International Group. After that, on his 75th birthday, on 28 December 2012, he resigned from the post of Chairman of Tata Group and was succeeded by Cyrus Mistry, managing director of Shapoorji Pallonji Group. After this retirement, he is still involved in business and invests in upcoming promising business ventures.
Interesting Facts about Ratan Tata
Unmarried: Ratan Tata is still unmarried, as he keeps his promise to his girlfriend. He also try to marry four times but could not go through with it for several reasons.
In 1961, he got his first job at Tata Steel Industry, and his major responsibility was to manage the shovel limestone and the blast furnace.
Ratan Tata is humle and down to earth. He also rejected a job offer from IBM. However, he joined his family business by beginning on the shop floor of Tata Steel.
The Tata Group assists a large number of undergraduate students based on financial status. They provide aid of $ 28 million to Cornell University to provide support to undergraduate students who are from India.
Ratan Tata is also a skilled pilot as he loves flight and flying. He was the first Indian who flew F-16 Falcon in 2007.
Keen on keeping promises
Ratan Tata is keen to keep promises, in his entire life he didn’t break any promise. As he still made his promise to his girlfriend that he truly loves her and never get married to another girl. Moreover, he also made a promise to make the cheapest car in India worth Rs 1 lakh in 2019, and the name of the car is Tata Nano.
Passionate about Cars
He loves cars so his industry has also manufactured cars. He also said that he had many cars such as Ferrari California, Cadillac XLR, Land Rover Freelander, Chrysler Sebring, Honda Civic, Mercedes Benz S-Class, Jaguar F-Type, Jaguar CFTR, Maserati Quattroporte, Mercedes Benz 500 SL, and many more cars.
Ratan Tata also loves dogs. He also keeps two dogs in his house named Tito and Maximus and he takes care so fondly. The Headquarters of Tata Sons has a tradition of letting stray dogs in during rains during the days of Jamsetji Tata. After renovation, currently, this kennel is equipped with water, food, a play area, and toys for the dogs.
Companies Owned by Ratan Tata:
There are several companies that Rata Tata owns. These Tata Group’s subsidiaries are run separately, with their investors and BOD investors. Let’s have a look at some subsidiaries.
Tata Steel Limited
Tata Steel Limited initiated the production of steel in 1907. Jamsetji Tata established this company in Mumbai for the first time. Tata Steel is an international steel-making corporation headquartered in Jamshedpur, India. This steel company is the largest in the globe.
Tata Consultancy Services
The consultancy services are the most extensive world IT service-based organization created in 1968, employing more than 5 lakh people. The headquarters is established in Mumbai. According to the enterprise value, it is the world’s largest IT service, and Chennai is home to another TCS campus.
Land Rover and Jaguar
Most people don’t know that Tata company owns these premium car brands. It was started in 2008 by William Lyons and was headquartered in England. It has employed more than 35 thousand people. It is a subsidiary of Tata Motors and generated revenue of more than Rs 2 thousand crores.
Titan Company Limited
Titan is the most famous brand in India, which Tata owns. This company sells accessories like sunglasses and watches. In 1984, it was launched by Xerxes Desai. The company headquarters is established in Bengaluru and employs more than seven thousand people.
Awards and Achievements
•In 2000, Padma Bhushan was awarded by the Government of India.
•In 2004, the ‘Medal of the Oriental Republic of Uruguay.’
•In 2005, he got ‘International Distinguished Achievement Award.’
•In 2007, the Honorary Fellowship of The London School of Economics and Political Science.
•In 2008, the ‘Padma Vibhusan’
•In 2009, the ‘Award of ‘Grand Officer’ of the Order of Merit of the Italian Republic from the Government of Italy.
•In 2009, the title of Honorary Knight Commander of the Order of the British Empire, United Kingdom.
•In 2010, ‘Oslo Business for Peace Award.’
•In 2014, the ‘Honorary Knight Grand Cross of The Order of the British Empire.’
Ratan Tata has a massive amount of net worth from various sources. According to the year 2022, his net worth is estimated to be one billion US dollars converted to Indian currency, around 8210 Crore Rupees. At the same time, Ratan Tata is not listed in the Billionaire Club, as his 65% ownership of Tata Sons goes to various charitable organizations.
He got his initial training from the Campion School, Mumbai, and completed his tutoring at the Cathedral and John Connon School, Mumbai. In 1962, he got his B.S. in design with basic building from Cornell University, U.S.A. Later he got selected at the Harvard Business School and finished an Advanced Management Program in the year 1975.
Once quoted “I do not believe in taking the right decisions. I take decisions and make them right.” And now his choice is worth over 100 Billion $ USD. He’s also called the man of devotion, a real inspiration, and among the most effective and influential people on the planet. He played a great role in Pm Care Fund during the time of the Corona Outbreak in India. Also, read the details of Tina Ambani and Sundar Pichai.
He picked up involvement with various Tata Group organizations and was named executive in control (1971) of one of them, the National Radio and Electronics Co. He became executive of Tata Industries 10 years after the fact and in 1991 succeeded his uncle, J.R.D. Goodbye, as an executive of the Tata Group.
Ratan N. Tata, in the wake of finishing his higher investigations, came back to India and turned down at IBM on JRD Tata’s recommendation and joined the Tata Group in 1962, for which he was sent to Jamshedpur to chip away at the shop floor at Tata Steel.
In 1971, he was assigned as the Director of National Radio and Electronics, which was in an awful condition of 40% misfortunes and just 2% of purchaser piece of the overall industry. But as soon as joined the organization he gave its insights an upward turn, he took the organization from 2% of the piece of the overall industry to 25%. National Emergency was proclaimed, which acted incredible issues such as, feeble economy and work lack and NELCO was approaching breakdown once more.
JRD Tata before long proclaimed Ratan Tata his successor in 1981 and Ratan needed to confront analysis since individuals accepted that he was not experienced enough to deal with a business of the scale that of like the Tata Industries. Following 10 years of his entrance into Tata Industries, he has delegated the Chairman of the Tata Group. After Ratan’s arrangement, The Tata Group arrived at completely new statures which had never been experienced by this gathering before. Under his headship, the organization experienced a few diverse pioneering adventures.
After accepting the authority, Ratan Naval Tata forcefully tried to grow it, and then he concentrated on globalizing the organization. In 2000 he bought London-based Tetley Tea for $431.3 million, and in 2004 it bought South Korea’s Daewoo Motors for $102 million. In 2007 Tata Steel finished the greatest corporate takeover by an Indian organization for $11.3 billion.
In 2008 Tata managed Tata Motors’ acquisition of the tip-top brand Jaguar and Land Rover from the Ford Motor Company. The $2.3 billion company denoted the biggest-ever procurement by an Indian car firm. The next year the organization produced the Tata Nano, a small back engine, a unit-formed vehicle with a beginning cost of around 100,000 Indian rupees, or about $2,000. In December 2012 Tata resigned as the chairman of the Tata Group. He quickly filled in as an interval executive starting in October 2016 after the ouster of his success. Tata came back to retirement in January 2017 when Natarajan Chandrasekaran was delegated director of the Tata Group.
|Ratan Naval Tata Contact Address, Phone Number, Email ID, Website|
|Phone Number||+91 – 22 – 6665 8282, 022 – 66658000|
|House Address (residence address)||“Bakhtawar”, Colaba, Mumbai, India|
|Office Address||Bombay House, Homi Mody Street, Mumbai – 400 001, Maharashtra, India.|
|Whatsapp No.||Not Avaliable|
|Personal No.||Not Available|
|Facebook Id||Not Available|
|Email Addressemail@example.com, firstname.lastname@example.org|
|Office Fax Number||+91 – 22 – 6665 8013|
|Office Number||+91 – 22 – 6665 8282, 022 – 66658000|
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Ratan Tata Contact Details
Ratan Tata WhatsApp Contact Details: Not Available
Ratan Tata Address: Bombay House, Homi Mody Street, Mumbai – 400 001, Maharashtra, India.
Ratan Tata Social Profiles
Ratan Tata Facebook Fan Page: N/A
Ratan Tata Twitter Handle: https://twitter.com/rntata2000
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Ratan Tata LinkedIn Profile: https://www.linkedin.com/in/sir-ratan-naval-tata-b1598553