Ratan Tata

Natalia George
Yahoo! India News
26 November 2012

Ratan Tata began his career at the Tata empire in 1962; he initially worked on the shop floor of Tata Steel, shoveling limestone and handling the blast furnace. After 50 long successful years, Ratan Tata will step down in December 2012 handing over the reins of what is now a major multinational to Cyrus Mistry.

Ratan Tata is the great-grandson of Tata Group founder Jamshedji Tata. Among many other honours accorded him during his career, Tata received the Padma Bhushan, one of India’s most distinguished civilian awards in 2000 and Padma Vibhushan in 2008 and Lifetime Achievement Award awarded by prestigious Rockefeller Foundation in 2012. He has also been ranked as India's most powerful CEO.

In 1981, when JRD Tata stepped down as Tata Industries chairman, naming Ratan as his successor. He was heavily criticized for lacking experience in running a company of the scale of Tata Industries.

Ratan Tata proved he inherits his family’s legendary business acumen making some of Tata’s greatest acquisitions with Corus, the fifth largest steel producer in the world, and took over Jaguar Land Rover. He also pioneered the making of the world’s cheapest car the Tata Nano.

What to read next

Checkout the New Corolla, Sleek Look Low Price

Your local Toyota dealer has unbelievable savings for you on a new Toyota Corolla. Learn more today!

Free Washington DC Event, June 14 - 16!

Learn to flip apartments & duplexes with no risk or money down. It can be more profitable than flipping single family homes. (2HR)

Big Savings For Homeowners With No Missed Payments

If you haven't missed a mortgage payment in the last year and owe less than $625,000 on your home, you better read this now!

Resort-style amenities in Loudoun County

Enjoy privacy in a new, secluded cul-de-sac home while taking in breathtaking views. Community includes trails, gym and huge pool. From the low $600s.

VA Mortgage Rates In 2016

VA Rates as Low as 3.25% (3.405% APR) 30 Year Fixed. Exclusive For Veteran & Military Takes 1 Min!

Hilton HHonors™ Card

Apply Today! Earn 50,000 Hilton HHonors™ Bonus Points. Terms Apply.