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