If You Don't Know Who Is Ratan Tata
Ratan Tata is the 5th chairman followed by Jamshedji Nusserwanji Tata, Ratanji Tata, Naval Tata, Simone Naval Tata and also the development of the Tata Nano
Ratan Naval Tata became Ratan Tata
Ratan Tata was born in Mumbai, on 28 December 1937, and is the son of Naval Tata. His biological maternal grandmother had been the sister of Hirabai Tata, wife of group founder Jamshedji Tata.
His biological father, Hormusji Tata, had belonged to the broader Tata family; Ratan, therefore, was a Tata by birth. Parents Naval and Sonoo separated in 1948 when Ratan was 10, and he was subsequently raised by the widow of Sir Ratanji Tata, his grandmother, Navajbai Tata, who formally adopted him through the J. N. Petit Parsi Orphanage.
He has a half-brother, Noel Tata (from Naval Tata's second marriage with Simone Tata), with whom he was raised. His first language is Gujarati.
He studied at the different school and college, and also attended the seven-week Advanced Management Program of Harvard Business School — an institution which he has since endowed.
How Ratan Naval Tata became Ratan Tata
HE WORKED AS A BLUE-COLLAR EMPLOYEE FOR HIS OWN COMPANY
Born in a wealthy family, he worked as a blue-collar employee at Tata Steel, Jamshedpur till 1971. This happened after he refused to work with IBM in New York. He handled blast furnaces and shoveled limestone during his early days and then moved on to manage other parts of the company with his clever suggestions and decisions which led to the revenues grew over 40 times, and profit, over 50 times in 21 years
WHEN HE ACQUIRING TO GROW TATA
He boldly got Tata Tea to acquire Tetley, Tata Motors to acquire Jaguar Land Rover and Tata Steel to acquire Corus. All this turned Tata from a largely India-centric group into a global business, with over 65% revenues coming from operations and sales in over 100 countries.
WHEN HE BUILD CAR FOR AVERAGE INDIAN CONSUMER
He conceptualized the Tata Nano car. As he explained in a recent interview for the Harvard Business School's Creating Emerging Markets project, the development of the Tata Nano was significant because it helped put cars at a price point within reach of the average Indian consumer.
TATA INVESTMENT IN COMPANY FROM TEABOX TO BITCOIN AND XIAOMI
Tata invested personal savings in Snapdeal – one of India's leading e-commerce websites –and, in January 2016, Teabox, an online premium Indian Tea seller, and CashKaro.com, discount coupons and cash-back website. He has made small investments in both early and late stage companies in India, such as INR 0.95 Cr in Ola Cabs and INR 1 Cr in Paytm. In April 2015, it was reported that Tata had acquired a stake in Chinese smartphone startup Xiaomi. In October 2015, he partnered with American Express, investing in Bitcoin venture Abra. In 2016, he invested in Nestaway and online pet care portal, Dogspot. Tata Motors rolled out the first batch of Tigor Electric Vehicles. The government has set an ambitious target to have only electric cars by 2030
YOU THINK HIS BUSINESS MAN NO LOVE LIFE WELL THINK AGAIN
Ratan Tata stated, "I came seriously close to getting married four times and each time I backed off in fear or for one reason or another".
RATAN TATA AWARDS
Ratan Tata received the Padma Bhushan in 2000 and Padma Vibhushan in 2008, the third and second highest civilian honors awarded by the Government of India. besides this, he also receives many awards total of 40 awards.
RATAN TATA NETWORTH
The 65% ownership of Tata Sons in Ratan TATA's own personal financial statement then Ratan Tata's Net worth can become more than $ 70 billion. and that's much more than the Warren Buffet's Current Net Worth of $ 62 billion, the world's richest person according to Forbes magazine 2008
AND OF ALL A VERY FAMOUS QUOTE BY HIM
"I don't believe in taking right decisions.. I take decisions & then make them right"
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