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India's top tycoons on Wednesday mourned the death of legendary industrialist Ratan Tata, with RIL Chairman and Managing Director Mukesh Ambani calling him one of India's most illustrious and kind-hearted sons. Tata Group's chairman emeritus and veteran industrialist Ratan Tata died at a Mumbai hospital late on Wednesday night. Tata, who led the salt-to-software conglomerate to new heights, was 86.

Besides Ambani, billionaire Gautam Adani as well as auto legend Anand Mahindra mourned Tata's demise. "It is a very sad day for India and India Inc. Ratan Tata's passing away is a big loss, not just to the Tata Group, but to every Indian," Ambani said in his condolence message.



"At a personal level, the passing of Ratan Tata has filled me with immense grief as I lost a dear friend." Recalling his numerous interactions with Tata that left him "inspired and energised", he said Ratan Tata was a visionary industrialist and philanthropist who always strove for society's greater good. Interactions with him "enhanced my respect for the nobility of his character and the fine human values he embodied," Ambani said in a statement.

"With the demise of Mr Ratan Tata, India has lost one of her most illustrious and kind-hearted sons. Mr Tata took India to the world and brought the best of the world to Bharat. He institutionalised the House of Tata and made it an international enterprise growing the Tata group over 70 times since the time he took over as Chairman in 1991," he added.

"Ratan, you w.

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