Ratan Tata led the Group brilliantly, successfully: India Inc

PTI : New Delhi, Mon Dec 31 2012, 18:15 hrs

Ads by Google

Top Stories

Describing Ratan Tata as a true Indian corporate leader, India Inc today said he led the Tata Group brilliantly and attained global heights which showed it is possible to do business in an ethical way.

Ratan Tata, an iconic corporate leader, retired as Chairman of the USD 100-billion Tata Group today after a 50-year run, on his 75th birthday.

Ratan TataSpeak: A survey

Adi Godrej, CII President and Chairman of Godrej Group said : "Ratan Tata led the Tata Group brilliantly and successfully in expanding and globalising it."

He has also leveraged the growth of TCS both in India and abroad. "I wish him good luck for the future," he added.

Industry chamber Assocham termed Tata as a true Indian business leader who went on to attain global heights in the corporate world and wished him a good and more rewarding life ahead.

"As Mr Tata lays down office today after his 50 years of association with the great business house of the country, we in the Indian industry salute him for courageous and completely ethical way of doing business," Assocham President Rajkumar Dhoot said.

Tata has shown the guts which reflect that it is possible to do business in a clean and ethical way, he added.

Despite odds, Tata showed some rare courage when he made acquisitions like Jaguar Land Rover and Corus in Europe, Assocham noted.

Wishing Cyrus Mistry a great success, Dhoot said "We are confident that the young successor to Ratan Tata will uphold the values that are associated with the Group".

Chairman-designate Mistry will take charge of the new assignment tomorrow.

Last week, Assocham came up with a CEOs survey spread across several cities, including London and New York, which placed the Tatas as the best known Indian global brand.

... contd.

Page : 1 2 Single Page Format

Ads by Google

ALSO READ

As many as 3,000 travel agents owing allegiance to TAAI have voluntarily decided to keep shutters down. (AP)

Airfares: Travel agents to keep shutters down on Tuesday

Berkshire Hathaway Chairman and CEO Warren Buffett spins a basketball before holding the Berkshire Hathaway shareholders meeting. (AP)

Part rock concert, part investment workshop: Warren Buffett leads annual meeting like no other

The 'Nitaqat' law makes it mandatory for local firms to hire one Saudi national for every 10 migrant workers. (Reuters)

Indian workers in Saudi Arabia to be regularised

Health officials have revoked the company's license to make cosmetics at a plant outside Mumbai. (Reuters)

Johnson & Johnson's license revoked on baby powder concerns

Please read our terms of use before posting comments

TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).