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