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