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