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ps investment learnings (a perpetual thread) ✌️【Part-Time Trading】✌️ Provides real-time stock market data to help you select stocks accurately and plan the best investment strategies. Ratan Tata, the former chairman of Indian conglomerate Tata Group, has died at the age of 86, according to a statement from the firm.
ps investment learnings (a perpetual thread) ✌️【Part-Time Trading】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. The industrialist rose to global prominence with a series of high-profile international deals. In 2008, he famously oversaw Tata Motors’ purchase of British car brands Jaguar and Land Rover from Ford (F).
“It is with a profound sense of loss that we bid farewell to Mr Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” saidthe statementissued Wednesday.
Ina poston X, Indian Prime Minister Narendra Modi reacted to Tata’s passing, calling him a “visionary business leader, a compassionate soul and an extraordinary human being.”
“He provided stable leadership to one of India’s oldest and most prestigious business houses,” he wrote.
Born in 1937 to a family of Parsis, an ethno-religious group of Persian descent in India who follow the Zoroastrian religion, Tata graduated from Cornell University where he studied architecture and structural engineering.
He returned to India in 1962 and joined the family firm, which was founded by his great grandfather in 1868. From those humble beginnings, Tata has been responsible for India’s first steel plant, its first luxury hotel and first domestic airline.
“I think the one thing the family has done is it created a lot of industries in the early days, prior to independence, which were national industries,” Tata told 【 - Free Exclusive Investment Tips 】’s Sara Sidner in arare interviewin 2011. “And then gave most of it away in philanthropic grants. And that’s been something that’s been carried on by their successors through the years.”
ps investment learnings (a perpetual thread) ✌️【Part-Time Trading】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. Tata took over as chairman in 1991, the same year India unleashed major economic reforms, including devaluing the rupee, to open its economy to the world. And as India looked increasingly outward, so did Tata.
In 2000, the group acquired British firm Tetley, owner of one of the largest global tea brands, for $432 million. Seven years later, Tata Steel prevailed in a $12.1 billion battle for control of Corus, a British steel company.
ps investment learnings (a perpetual thread) ✌️【Part-Time Trading】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. Tataretired as group chairman in 2012and was chairman emeritus of holding company Tata Sons before his death. Since stepping down from day-to-day duties, the businessman had been throwing himself intoimproving the lot of India’s many stray animals.
ps investment learnings (a perpetual thread) ✌️【Part-Time Trading】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Exclusive Investment Tips 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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