Ratan Tata Death News: Tata Sons Chairman Emeritus Rata Tata passed away at the age of 86 on Wednesday. Condolences poured in for the national icon from all sections of the society, including political leaders and industrialists. RATAN TATA EDUCATION After graduating with a degree in architecture at Cornell University, Ratan Tata returned to India and in 1962 began working for the group his great-grandfather had founded nearly a century earlier.
He is credited with turning the Tata Group of companies into a force to be reckoned with in the post-liberalisation era. It "was the quest for growth and changing the ground rules to say that we could grow by acquisitions which earlier we had never done," he said in an interview with the Stanford Graduate School of Business in 2013. RATAN NAVAL TATA BUSINESS: TOP ACQUISITIONS In 1991, Ratan Tata took the helm of Tata Group when his uncle JRD Tata stepped down.
The change of guard came just as India embarked on radical reforms that opened up its economy to the world and ushered in an era of high growth. - Tata Group purchased British tea firm Tetley in 2000 for $432 million and Anglo-Dutch steelmaker Corus in 2007 for $13 billion, at the time the biggest takeover of a foreign firm by an Indian company. - Tata Motors then acquired British luxury auto brands Jaguar and Land Rover from Ford Motor Co in 2008 for $2.
3 billion. - Tata Motors acquired South Korean heavy commercial vehicle manufacturer Daewoo in March, 2004. - Tata Group acqui.