Ratan Tata (lifestyle, Biography).Ratan naval tata ,Tata group.

 Introduction: 

Ratan Naval Tata (born 28 December 1937) is an Indian industrialist, philanthropist, and a former chairman of Tata Sons. He was also chairman of Tata Group, from 1990 to 2012, and again, as interim chairman, from October 2016 through February 2017, and continues to head its charitable trusts. He is the recipient of two of the highest civilian awards of India, the Padma Vibhushan (2008) and Padma Bhushan (2000).

Early life: 

Ratan Tata was born in Bombay, now Mumbai, on 28 December 1937,[7] and is the son of Naval Tata (born in Surat). His biological maternal grandmother had been the sister of Hirabai Tata, wife of group founder Jamshedji Tata. His biological grandfather, Hormusji Tata, had belonged to the broader Tata family; Ratan therefore was a Tata by birth. Parents Naval and Sonoo separated in 1948 when Ratan was 10, and he was subsequently raised by the widow of Sir Ratanji Tata, his grandmother, Navajbai Tata, who formally adopted him through the J. N. Petit Parsi Orphanage.[8] He has a half-brother, Noel Tata (from Naval Tata's second marriage with Simone Tata), with whom he was raised. His first language is Gujarati.

Personal life : 

In 2011, Ratan Tata stated, "I came close to getting married four times and each time I backed off in fear or for one reason or another." Ratan Tata stated recently that he loved one girl in Los Angeles while working there. As his family member was ill, so he had to return to India but the parents of the girl didn't allow her to come to India with Tata. So Tata stood by his commitment and never married.

Philanthropist:

Tata is a supporter of education, medicine and rural development, and considered a leading philanthropist in India.Tata supported University of New South Wales Faculty of Engineering to develop capacitive deionization to provide improved water for challenged areas.

Tata Education and Development Trust, a philanthropic affiliate of Tata Group, endowed a $28 million Tata Scholarship Fund that will allow Cornell University to provide financial aid to undergraduate students from India. The scholarship fund will support approximately 20 scholars at any given time and will ensure that the very best Indian students have access to Cornell, regardless of their financial circumstances. The scholarship will be awarded annually; recipients will receive the scholarship for the duration of their undergraduate study at Cornell.

In 2010, Tata Group companies and Tata charities donated $50 million for the construction of an executive center at Harvard Business School (HBS). The executive center has been named Tata Hall, after Ratan Tata (AMP '75), chairman emeritus of Tata Sons.The total construction costs have been estimated at $100 million. Tata Hall is located in the northeast corner of the HBS campus, and is devoted to the Harvard Business School's mid-career Executive Education program. It is seven stories tall, and about 155,000 gross square feet. It houses approximately 180 bedrooms, in addition to academic and multi-purpose spaces.

Tata Consultancy Services (TCS) has given the largest ever donation by a company to Carnegie Mellon University (CMU) for a facility to research in cognitive systems and autonomous vehicles. TCS donated $35 million for this grand 48,000 square-foot building that is called TCS Hall.

In 2014, Tata Group endowed the Indian Institute of Technology, Bombay and formed the Tata Center for Technology and Design (TCTD) to develop design and engineering principles suited to the needs of people and communities with limited resources. They gave ₹950 million to the institute which was the largest ever donation received in its history.[50][51]

Tata Group, under the leadership of Ratan Tata formed the MIT Tata Center of Technology and Design at Massachusetts Institute of Technology (MIT) with a mission to address the challenges of resource-constrained communities, with an initial focus on India.

Awards and honours:

2001 Honorary Doctor of Business Administration Ohio State University 

2004 Medal of the Oriental Republic of Uruguay Government of Uruguay 

2004 Honorary Doctor of Technology Asian Institute of Technology. 

2005 International Distinguished Achievement Award B'nai B'rith International 

2005 Honorary Doctor of Science University of Warwick. 

2006 Honorary Doctor of Science Indian Institute of Technology Madras 

2006 Responsible Capitalism Award For Inspiration and Recognition of Science and Technology (FIRST) 

2007 Honorary Fellowship The London School of Economics and Political Science 

2007 Carnegie Medal of Philanthropy Carnegie Endowment for International Peace 

2008 Honorary Doctor of Law University of Cambridge 

2008 Honorary Doctor of Science Indian Institute of Technology Bombay 

2008 Honorary Doctor of Science Indian Institute of Technology Kharagpur 

2008 Honorary Citizen Award Government of Singapore 

2008 Honorary Fellowship The Institution of Engineering and Technology 

2008 Inspired Leadership Award The Performance Theatre 

2009 Honorary Knight Commander of the Order of the British Empire (KBE) Queen Elizabeth II 

2009 Life Time Contribution Award in Engineering for 2008 Indian National Academy of Engineering 

2009 Grand Officer of the Order of Merit of the Italian Republic Government of Italy 

2010 Honorary Doctor of Law University of Cambridge 

2010 Hadrian Award World Monuments Fund 

2010 Oslo Business for Peace award Business for Peace Foundation 

2010 Legend in Leadership Award Yale University 

2010 Honorary Doctor of Laws Pepperdine University 

2010 Business for Peace Award Business for Peace Foundation 

2010 Business Leader of the Year The Asian Awards. 

2012 Honorary FellowThe Royal Academy of Engineering

2012 Doctor of Business honoris causa University of New South Wales 

2012 Grand Cordon of the Order of the Rising Sun Government of Japan 

2013 Foreign Associate National Academy of Engineering 

2013 Transformational Leader of the Decade Indian Affairs India Leadership Conclave 2013 

2013 Ernst and Young Entrepreneur of the Year – Lifetime Achievement Ernst & Young 

2013 Honorary Doctor of Business Practice Carnegie Mellon University 

2014 Honorary Doctor of Business Singapore Management University 

2014 Sayaji Ratna Award Baroda Management Association 

2014 Honorary Knight Grand Cross of the Most Excellent Order of the British Empire (GBE) Queen Elizabeth II 

2014 Honorary Doctor of Laws York University, Canada 

2015 Honorary Doctor of Automotive Engineering Clemson University 

2015 Sayaji Ratna Award Baroda Management Association, Honoris Causa, HEC Paris 

2016 Commander of the Legion of Honour Government of France 

2018 Honorary Doctorate Swansea University .

Tata family:

The Tata were a Parsi priestly family who originally came from the former Baroda state (now Gujarat). The founder of the family’s fortunes was Jamsetji Nusserwanji Tata (born March 3, 1839, Navsari [India]—died May 19, 1904, Bad Nauheim, Germany). After an education at Elphinstone College in Bombay (Mumbai), he joined his father’s export trading firm in 1858 and helped establish branches of the company in Japan, China, Europe, and the United States. In 1872 he concentrated on cotton manufacturing, founding mills at Nagpur in 1877 and, later, at Bombay and Coorla. His enterprises were noted for efficiency, for improved labour-protection policies, and for the introduction of finer grades of fibre. He also introduced the production of raw silk to India and planned for the Bombay-area hydroelectric power plants that became the Tata Power companies after his death.

Tata began organizing India’s first large-scale ironworks in 1901, and these were incorporated in 1907 as Tata Iron and Steel Company. Under the direction of his sons, Sir Dorabji Jamsetji Tata (1859–1932) and Sir Ratanji Tata (1871–1932), the Tata Iron and Steel Company became the largest privately owned steelmaker in India and the nucleus of a group of companies producing not only textiles, steel, and hydroelectric power but also chemicals, agricultural equipment, trucks, locomotives, and cement. The family’s industrial facilities were concentrated in the city of Jamshedpur, in Bihar state.

In 1898 Tata donated land for a research institute that was later founded by his sons as the Indian Institute of Science, at Bangalore (Bengaluru). The Tata family went on to become perhaps the most important private funder of technical education and scientific research in India.

Upon the death of Sir Dorabji in 1932, Sir Naoroji Saklatvala, one of the founder’s nephews, became chairman of the Tata Group. On his death in 1938, Jehangir Ratanji Dadabhoy Tata (1904–93), whose father, R.D. Tata, had been a cousin and partner of the founder, became chairman. J.R.D. Tata founded Tata Airlines (1932), which was nationalized in 1953 and split up to form India’s chief domestic and international air carriers: Indian Airlines Corporation and Air-India, respectively. By the late 1950s the Tata Group controlled the largest single aggregation of Indian industry. J.R.D. Tata was succeeded as chairman by his nephew, Ratan Tata, in 1991. Ratan aggressively sought to expand the Tata Group, acquiring such companies as the London-based Tetley Tea (2000) and the Anglo-Dutch steel manufacturer Corus Group (2007). In 2008 he oversaw Tata Motors’ purchase of the elite British car brands Jaguar and Land Rover from the Ford Motor Company. In 2012 Ratan retired as chairman and was succeeded by Cyrus Mistry. In October 2016 Mistry was abruptly dismissed, and Ratan took over as interim chairman; media reports indicated that conflicts over business strategy were the reason for Mistry’s ouster. In January 2017 Natarajan Chandrasekaran was appointed as the new chairman of the Tata Group.

Ratan tata interview conducted by national geographic.

 

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