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