Ratan Tata, one of India’s most eminent business personalities, a man who in his tenure of over 20 years as CMD (from 1991-2012), led the Tata Group to international prominence is well known for his philanthropic activities. He's a true gentleman and here are some points to prove it:
Helping The Victims Of 26/11
The 26/11 Mumbai terror attack targeted the Taj Mahal Hotel, a luxurious property of the Tata Group.In the terrorist attack, family members of many hotel management staff lost their lives. Not only did Tata extend a helping hand to the family members of the deceased staff, but he also personally visited each and every staff family affected by the terror attack and helped them come to terms with the ordeal. There was no need for him to do this, and had he not done it, no one would have held it against him. But he did it.
Funding Startups, Raising Future Enterpreneurs
Tata Group, Ratan Tata has proved that his styles of investment and funding have not only shown performed extremely well but the investments have also emerged as giants in their respective sector. For instance, when he invested in cab aggregator ‘Ola’, its share prices rose from Rs 15,87,392 to Rs 29,44,805 in November 2015. Hence, an investment from the Tatas gives a boost to startups in publicity, acquiring finances, and brand building. Here is a list of startup companies Ratan Tata has made investment over years:
TorkMotors, Snapdeal, Curefit, Paytm, Ola, ClimaCell, Abra, CarDekho, HolaChef, Lenskart, NestAway, UrbanLadder, UrbanClap, GOQii, Xiaomi, Lybrate,Infinite Analytics, Cashkaro, Dogspot, Bluestone, Generic Aadhaar are few of the startups which the TATA group funded.
NANO The People's Car
On a rainy day in November 2003, Tata Sons Chairman Ratan Tata noticed a family of four on a scooter – the father driving it with a young kid standing in the front, behind the handlebars and wife sitting behind him with another child on her lap.
Ratan Tata was moved by this incident and asked himself whether one could conceive of a safe, affordable, all weather form of transport for such a family. And after four years, Ratan Tata turned his dream into reality with the launch of Nano -People's car- in Delhi.
Funding The Government To Fight Coronavirus
Tata Trusts Chairman Ratan N Tata became the top trend on Twitter right after he announced a massive Rs 500 crore on Saturday to fight the coronavirus pandemic raging around the world.Calling COVID-19 crisis as 'one of the toughest challenges that the human race will face', the 82-year-old businessman, who is well known for his philanthropy, shared the note from his charitable organisation. He captioned the post, "Tata Trusts and Tata group companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time."
Ratan Naval Tata tackled philanthropy with the same zeal in which he stewarded the Tata Group. His focus on innovation and smart investments resulted in previously unimagined growth, and his approach to philanthropy is equally as inspired.
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