| Revision as of 19:59, 24 December 2012 editRtat (talk | contribs)42 edits Removed redundant information. Moved text from honors and awards into career. Wordsmithing.← Previous edit | Revision as of 20:00, 24 December 2012 edit undoRtat (talk | contribs)42 edits →Early life: Wordsmithing.Next edit → | ||
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| ==Early life== | ==Early life== | ||
| Tata is the adoptive great-grandson of Tata group founder ]. His father, Naval Tata, had been adopted from the family of a distant relative by Jamshedji's childless younger son, also named Ratan Tata, and his wife Navajbai. Tata's parents (Naval and his first wife Sooni) separated in the mid-1940s, when Ratan was seven and his younger brother Jimmy was five years old. |
Tata is the adoptive great-grandson of Tata group founder ]. His father, Naval Tata, had been adopted from the family of a distant relative by Jamshedji's childless younger son, also named Ratan Tata, and his wife Navajbai. Tata's parents (Naval and his first wife Sooni) separated in the mid-1940s, when Ratan was seven and his younger brother Jimmy was five years old. Both he and his brother were raised by their grandmother Lady Navajbai.<ref name=telegraphearlylife>{{cite news|title=Ratan Tata rode the tiger economy and now he drives Jaguar|url=http://www.telegraph.co.uk/comment/personal-view/3556736/Ratan-Tata-rode-the-tiger-economy-and-now-he-drives-Jaguar.html|accessdate=31 March 2012|newspaper='']''|date=30 Match 2008}}</ref> Many years later, Naval Tata took a second wife, Simone, and fathered another son, Noel Tata. | ||
| Tata began his schooling in Bombay at ], ] and finished at ].<ref name=toitataschool>{{cite news|title=Ratan Tata goes back to school|url=http://articles.timesofindia.indiatimes.com/2009-03-31/india/28031551_1_ratan-tata-nie-tata-group|accessdate=31 March 2012|newspaper='']''|date=31 March 2009}}</ref> He completed his B.S. in architecture with ] from ] in 1962, and the Advanced Management Program from ] in 1975.<ref>{{cite web|url=http://www.bloomberg.com/apps/news?pid=20601087&sid=aQkYaQuODjtU&refer=home|title=India's Tata Takes Leap With $7.6 Billion Corus Bid (Update1) |last=Sharma|first=Subramaniam |date=2006-10-18|publisher=]|accessdate=2009-09-12}}</ref> | Tata began his schooling in Bombay at ], ] and finished at ].<ref name=toitataschool>{{cite news|title=Ratan Tata goes back to school|url=http://articles.timesofindia.indiatimes.com/2009-03-31/india/28031551_1_ratan-tata-nie-tata-group|accessdate=31 March 2012|newspaper='']''|date=31 March 2009}}</ref> He completed his B.S. in architecture with ] from ] in 1962, and the Advanced Management Program from ] in 1975.<ref>{{cite web|url=http://www.bloomberg.com/apps/news?pid=20601087&sid=aQkYaQuODjtU&refer=home|title=India's Tata Takes Leap With $7.6 Billion Corus Bid (Update1) |last=Sharma|first=Subramaniam |date=2006-10-18|publisher=]|accessdate=2009-09-12}}</ref> | ||
Revision as of 20:00, 24 December 2012
For Ratanji Dadabhoy Tata, see Ratanji Dadabhoy Tata.| Ratan Tata | |
|---|---|
 | |
| Born | (1937-12-28) 28 December 1937 (age 87) Bombay, Bombay Presidency, British India |
| Nationality | Indian |
| Alma mater | Cornell University Harvard University |
| Occupation | Former Chairman of Tata Group |
| Years active | 1962–2012 |
| Awards | Padma Bhushan (2000) Padma Vibhushan (2008) KBE (2009) |
| Website | Ratan N Tata |
| Signature | |
| Ratan Tata signature | |
Ratan Naval Tata, KBE (born 28 December 1937), is an Indian businessman who became chairman of the Tata Group (1991–2012), a Mumbai-based conglomerate. He is a member of a prominent Tata family of Indian industrialists and philanthropists.
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.
Early life
Tata is the adoptive great-grandson of Tata group founder Jamshedji Tata. His father, Naval Tata, had been adopted from the family of a distant relative by Jamshedji's childless younger son, also named Ratan Tata, and his wife Navajbai. Tata's parents (Naval and his first wife Sooni) separated in the mid-1940s, when Ratan was seven and his younger brother Jimmy was five years old. Both he and his brother were raised by their grandmother Lady Navajbai. Many years later, Naval Tata took a second wife, Simone, and fathered another son, Noel Tata.
Tata began his schooling in Bombay at Campion School, Bishop Cotton School, Shimla and finished at Cathedral and John Connon School. He completed his B.S. in architecture with structural engineering from Cornell University in 1962, and the Advanced Management Program from Harvard Business School in 1975. He is a member of the Alpha Sigma Phi fraternity.
Career
Tata began his career at the Tata empire in 1962; he initially worked on the shop floor of Tata Steel, shovelling limestone and handling the blast furnace. This he did after refusing a job with IBM back in New York. In 1971, he was appointed the Director of National Radio and Electronics (Nelco), which was in dire straits when he came on board: with losses of 40% and barely 2% share of the consumer electronics market. However, just when he turned it around from 2% to 25% market share, the Emergency was declared. A weak economy and labour issues compounded the problem and Nelco was quickly near collapse again.
In 1981, 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.
In 1991 he was appointed as the chairman of the Tata group. Under his stewardship, Tata Tea acquired Tetley, Tata motors acquired Jaguar Land Rover and Tata Steel acquired Corus, which have turned Tata from a largely India-centric company into a global business, with 65% revenues coming from abroad. He also pushed the development of Indica and the Nano.
Ratan Tata retired from all executive responsibility in the Tata group in December 2012 is succeeded by Cyrus Mistry, the 44-year-old son of Pallonji Mistry and managing director of Shapoorji Pallonji Group.
Ratan Tata has served in various capacities in organisations in India and abroad. He is a member of the Prime Minister's Council on Trade and Industry. Tata is on the board of governors of the East-West Center, the advisory board of RAND's Center for Asia Pacific Policy and serves on the program board of the Bill & Melinda Gates Foundation's India AIDS initiative.
Honours and awards
Ratan Tata's foreign affiliations include membership of the international advisory boards of the Mitsubishi Corporation, the American International Group, JP Morgan Chase and Booz Allen Hamilton. He is also a member of the board of trustees of the RAND Corporation, University of Southern California and Cornell University. He also serves as a board member on the Republic of South Africa's International Investment Council and is a member of the Asia-Pacific advisory committee for the New York Stock Exchange. In 2009, Tata was knighted as a Knight Commander of the Order of the British Empire (K.B.E.).
In December 2012, Tata was named one of "The Men of the Year 2012" by Top Gear (magazine) for bringing the very best in Jaguar-Land Rover.
| Year | Name | Awarding organization | Ref. |
|---|---|---|---|
| 2012 | Honorary Degree | The University of New South Wales | |
| 2011 | Hospitality Hall Of Honor Recognizing Taj Hotels. | ||
| 2011 | ABLF Lifetime Achievement Award (India) | Asian Business Leadership Forum Awards | |
| 2010 | Business Leader of the Year | The Asian Awards. | |
| 2010 | Honorary Doctor of Laws | Pepperdine University. | |
| 2010 | Legend in Leadership Award | Yale University. | |
| 2010 | Businessman of the Decade | Federation of Indo-Israel Chambers of Commerce. | |
| 2008 | Honorary Doctor of Science | Indian Institute of Technology Kharagpur. | |
| 2008 | Honorary Doctor of Law | University of Cambridge. | |
| 2007 | Honorary Fellow | London School of Economics. | |
| 2007 | Honorary Citizen of Singapore | Singapore government. | |
| 2007 | Carnegie Medal of Philanthropy | Carnegie Endowment for International Peace. | |
| 2005 | Honorary Doctor of Science | University of Warwick. | |
| 2004 | Honorary Degree of Doctor of Technology | Asian Institute of Technology. | |
| 2004 | Honorary Economic Advisor | Hangzhou, China. | |
| 2001 | Honorary Doctor of Business Administration | Ohio State University. |
- FIRST Award for Responsible Capitalism.
- 26th Robert S. Hatfield Fellow in Economic Education, awarded by Cornell University
- Recipient of the 'Global Indian Award' at the NASSCOM Global Leadership Awards 2008
References
- "Amazing story of how Ratan Tata built an empire".
- "Tata Group Website".
- "Ratan Tata gets Lifetime Achievement Award". The Hindu. June 27, 2012. Retrieved June 27, 2012.
- "LN Mittal, Ratan Tata, Narayana Murthy get Padma Vibhushan". Retrieved 26 January 2008.
- "Ratan Tata rode the tiger economy and now he drives Jaguar". The Daily Telegraph. 30 Match 2008. Retrieved 31 March 2012.
{{cite news}}: Check date values in:|date=(help); Italic or bold markup not allowed in:|newspaper=(help) - "Ratan Tata goes back to school". Times of India. 31 March 2009. Retrieved 31 March 2012.
{{cite news}}: Italic or bold markup not allowed in:|newspaper=(help) - Sharma, Subramaniam (2006-10-18). "India's Tata Takes Leap With $7.6 Billion Corus Bid (Update1)". Bloomberg. Retrieved 2009-09-12.
- Misplaced Pages: Alpha Sigma Phi
- ^ Chidanand Rajghatta, TNN, Dec 30, 2007, 04.26am IST (2007-12-30). "Times of India Article: Man of the Year? Its Ratan Tata". Timesofindia.indiatimes.com. Retrieved 2011-02-23.
{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link) Cite error: The named reference "MoY" was defined multiple times with different content (see the help page). - "Cyrus P Mistry to succeed Ratan Tata". Retrieved 23 November 2011.
- "Chairman Profile, Interviews and Press Articles". Tata Group Website.
- Board of Trustees, University of Southern California, Accessed April 13, 2008.
- Ratan Tata Joins USC Board of Trustees, USC News, August 30, 2005.
- "Ratan Tata India's most powerful CEO, Mistry debuts at No. 15". Retrieved 25 May 2012.
- "UNSW Newsroom". Indian industrialist Ratan Tata honorary degree. Retrieved 28 Nov 2012.
- "ABLF Awards". Asian Business Leadership Forum Awards. Retrieved 1 March 2012.
- "Winners of the Asian Awards 2010". Times of India. October 2010.
- "Pepperdine Confers Honorary Doctor of Laws Degree on Ratan N. Tata". Pepperdine University. September 2010.
- "Yale Chief Executive Leadership Institute to Honor Tata Sons Chairman Ratan Tata with "Legend in Leadership Award"". Yale University. September 2010.
- "Ratan Tata selected 'Businessman of the decade'". The Hindu. September 2010.
- "IIT Kharagpur confers doctorate on Ratan Tata". Economic Times. March 2008.
- "University of Cambridge confers doctorate on Ratan Tata". University of Cambridge. March 2008.
- "London School of Economics confers Honorary Fellowship on Ratan Tata". London School of Economics. March 2007.
- "Carnegie Medal for Philanthropy on Ratan Tata". Carnegie Endowment for International Peace. March 2007.
- "University of Warwick confers Honorary Doctor of Science on Ratan Tata". London School of Economics. March 2005.
- ^ "Asian Institute of Technology confers doctorate on Ratan Tata". Asian Institute of Technology. March 2008.
- "Ohio State University confers doctorate of business administration on Ratan Tata". Ohio University. March 2004.
- "The FIRST International Award for Responsible Capitalism".
- "26th Robert S. Hatfield Fellow in Economic Education - Announcement".
- "Nasscom gobal leadership awards announced". Business Standard. 12 February 2008. Retrieved 1 March 2012.
External links
- Ratan Naval Tata's chairman profile at Tata Group
- Profile at The Guardian
- Template:WSJtopic
- Ratan Naval Tata collected news and commentary at The Bloomberg Businessweek
- Ratan Naval Tata collected news and commentary at The Times of India
- Template:Nndb
- "Ratan Tata '59: The Cornell Story" YouTube video
- Interview on Charlie Rose
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