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Tata Motors charts investments in PV and CV businesses Smooth sailing of SAIL LVB posts 31 per cent growth in Q1 net profit Michelin to double Chennai capacity L & T’s floating dock for navy ITC chairman calls for policy impetus to transform agriculture L & T set bigger ambitions in defence business Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Last stages The unexpected exit AL wins Deming prize again Bajaj Finserv – Q1: fare well CAPITAL NOTES Chinese smart phones flourish in small towns too! PSU non-life firms seek to protect share Tata gets 4-star rating for Zest Tata Motors bets on new launches Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Land wars Carnival Films acquiring 3000 screens pan India Ode to Ratan Tata Rane targets Rs.5500 crore topline by 2018-19 Wabco launches safety system Preparing for the next growth curve Hindalco – re-rating RoC in the dock... Hyundai India achieves 7 mn production at Chennai factory PPP model for infrastructure development TVS Srichakra plans capacity expansion Is this a generation gap? The gainers and the losers Daimler grows sales and share in India TI Cycles plans retail expansion to drive sales for premium bicycles Kone India eyes further growth in elevator market From the toughest to the best year Forging industry worried over lower supply of steel and its price Record two-wheeler sales Are they really independent? Aurobindo Pharmacy: good turnaround IOB on turnaround path Tata Steel, ThyssenKrupp sign MoU to merge European units Vellayan is back, after 150 days Yamaha unveils scooter boutique Toyota and Suzuki to introduce EVs in India by 2020 29 per cent jump in TCS revenues Consolidating leadership position in smartphones AL introduces Guru & Partner E.I.D Parry (India) Ltd: another sweet year When small is not so beautiful… Singur minus Nano – victory or folly? Hyundai to focus on SUVs and AMT variants HPCL plans Rs.61,000 crore capex over 5-years Sundram Fasteners rejigs international AL secures orders for 3600 buses Tata Motors aims to be among the Top 3 global CV & PV firm Daimler’s truck exports from Chennai cross 5000 units TVS Automobile invests Rs.75 crore in start-up firms ITC – steep excise hike Increasing market share Tata Motors joins compact SUV bandwagon with Nexon He excels in the nuts and bolts of entrepreneurship V-Guard launches app-enabled water heater system A niche in FMCG business... Emami – a new growth mantra Gamesa to set up a plant in Nellore L&T bags the Mumbai Trans-harbour link order Eyes strong growth in 2016-17 L&T profit up by 11 per cent Maruti – for young buyers Titan Company – sales recovery to kick in Nissan exit shouldn’t affect ALL Welcome focus to improve rural India... Mercedes-Benz sales continue to zoom TN government keen on revival of operations at Nokia complex Housing demand revival Right to privacy – now it’s fundamental! Smartphone onslaught by Chinese brands M & M unveils driverless technology for tractors New India Assurance posts impressive show It takes two to tango Solar installations exceed 2015 capacity in five months Back in growth mode Sivasankaran enters taxi space to take on Uber and Ola Dish TV – subscriber additions encouraging A welcome initiative-even critics are recognised
 
Ode to Ratan Tata
As Ratan Tata gets to walk into the sunset, the enduring pictures in the collective psyche of the nation were his launch of Nano and of how he responded to 26/11.
THE LAST TATA to stand atop the Tata ship, Ratan brought to the table a gentleman like professionalism, belying the view people held in 1991 that he ascended the gaddi only because he was a Tata. 

Over the years, he has transformed the Tata Group to being largest private-sector outfit in India, accounting for 7 per cent of the stock market. Incidentaly, the Group pays 3 per cent of all of India’s corporate tax and 5 per cent of all its excise duty. In the process it has metamorphed into a major global player. 

It’s two decades since JRD Tata handed over the baton to Ratan; it’s now time to say goodbye and farewell to our gentleman who has featured every year (2003-2012) in India Today’s Hall of fame. 

During his long tenure, the Tata Group’s sales registered a 22 per cent CAGR with profit after tax registering a 22 per cent growth and market capitalisation a 24 per cent rise.  

The Group made 65 acquisitions. Tata Tea’s takeover of iconic UK brand Tetley, a company three times its size, in 2000, was then the biggest international takeover by an Indian company. In 2007, Tata Steel bought Corus, Europe’s second largest steelmaker, proving that Ratan Tata was willing to set stretch goals. 

A Promise is a Promise

History will remember Tata as the man who did the impossible. Building a car at a price of Rs 100,000. An off the cuff remark that he made to a foreign journalist that he was toying with manufacturing a car at sub 2500 USD was taken seriously by the media and Tata decided that he would honor the statement. ‘A promise is a promise’ is what he famously said. The common man who normally travels in a twowheeler or hangs gingerly in a public transport could now own a People’s Car. It’s another matter that the car hasn’t turned out to be a smashing success. Incidentally, he showed that he had the gall to shift lockstock- and-barrel when the West Bengal government put spokes on his Nano project. Overnight, the Singur plant was shifted to Gujarat.

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