Ratan is also known as Ratan Naval Tata. In 1937, he was born in Mumbai to one of India’s most prominent business families. He is now an Indian industrialist, philanthropist, and the former chairman of Tata Sons, the parent company of the Tata Group that owns Tata Consultancy Services, Tata Motors, Tata Power, Indian Hotels, Tata Steel, and Tata Teleservices. Ratan Tata birthday is on December 28, 1937.
|FULL NAME||Ratan Naval Tata|
|DATE OF BIRTH||28 December 1937|
|AGE||86 (as of 2023)|
|HEIGHT (approx.)||177 cm|
|WEIGHT (approx.)||87 kg|
|PROFESSION||Industrialist, Investor and Philanthropist|
|NET WORTH||INR 3800 crores|
|GRADUATION||Cornell University, New York|
|HOBBY||Reading, Listening to old Hindi Songs, Painting, Playing with his pet dogs, Flying Jet Planes, Playing the Piano, Driving|
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Table of Content:
- Ratan Tata Biography
- Ratan Tata Family
- Marriage of Ratan
- Ratan Tata Education
- The career of Ratan
- Ratan Tata Awards
Ratan Tata Biography
Ratan Tata birthday date is 28 December 1937 in Bombay, now Mumbai. In 1937, he was born in Mumbai to one of India’s most prominent business families. He is now an Indian industrialist, philanthropist, and the former chairman of Tata Sons, the parent company of the Tata Group that owns Tata Consultancy Services, Tata Motors, Tata Power, Indian Hotels, Tata Steel, and Tata Teleservices. Ratan Tata age is 86 years. His zodiac sign is Capricorn. Gujarati is his first tongue.
Ratan Tata net worth in rupees is INR 3800 crores. He has an interest in reading, listening to old Hindi Songs, painting, playing with his pet dogs, flying jet planes, playing the piano and driving. Ratan Tata email ID is email@example.com.
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Ratan Tata Family
Tata was born during the British Raj in Bombay, now Mumbai. Ratan Tata father name is Naval Tata, he was born in Surat and later adopted into the Tata family, and Sooni Tata was Jamsetji Tata’s niece. Ratan’s biological grandpa, Hormusji Tata, was blood-related to the Tatas. His parents divorced when he was ten years old, and he was reared and adopted by his grandmother, Ratanji Tata’s widow, Navajbai Tata. Jimmy Tata, his younger brother, and Noel Tata, his half-brother from Naval Tata’s second marriage to Simone Tata raised him.
Ratan Tata Wife
Ratan met the girl while living in Los Angeles, but he had to return to India since a member of his family became ill. At the same time, her parents had forbidden her from travelling to India. As a result, Ratan has not married since vowing to uphold his word. Ratan Tata remarked in 2011, “I came very close to marrying four times, and each time I pulled out in fear or for some other reason”.
Ratan Tata Education
Ratan attended Mumbai’s Campion School through the eighth grade. Following that, he attended Mumbai’s Cathedral and John Connon Schools, Shimla’s Bishop Cotton School, and New York City’s Riverdale Country School, where he graduated in 1955. Tata attended Cornell University after graduating from high school, where he got a bachelor’s degree in architecture in 1959.
Career of Ratan
Ratan acquired expertise in a number of Tata Group enterprises before being appointed director in charge of one of them. He had initial success by turning around the subsidiary National Radio and Electronics (NELCO), only to see it fail amid an economic downturn. J. R. D. Tata stepped down as chairman of Tata Sons in 1991, choosing him as his successor.
Expansion of the Company
When Ratan took over the company, commodity sales dominated, but by the conclusion of his term, brand sales had surpassed commodity sales. During Tata’s 21-year tenure as CEO of the Tata Group, revenue increased more than 40 times and profit increased more than 50 times. He convinced Tata Tea to buy Tetley, Tata Motors to buy Jaguar Land Rover, and Tata Steel to buy Corus. These acquisitions established Tata as a worldwide company, with more than 65% of revenues coming from operations and sales outside of India.
Ratan also conceptualised and led the development of the Tata Nano automobile, which helped bring cars into the pricing range of the average Indian customer.
Resignation of Ratan
Ratan Tata resigned from his executive duties in the Tata Group on December 28, 2012, at the age of 75. The subsequent leadership crisis over his succession received great media attention. Cyrus Mistry, a Tata relative and the son of Pallonji Mistry of the Shapoorji Pallonji Group, the Tata group’s largest individual shareholder, was refused appointment by the company’s board of directors and legal division. Cyrus Mistry was fired as chairman of Tata Sons on October 24, 2016, and Ratan Tata was named interim chairman. Natarajan Chandrasekaran was named chairman of Tata Sons on January 12, 2017, a position he took in February 2017.
Investments of Ratan
Ratan has also invested his personal money in a number of businesses. He holds a stake in Snapdeal. He invested in Teabox and CashKaro.com in January 2016. In India, he has made investments of around INR 0.95 crore in Ola Cabs. Ratan was believed to have purchased a stake in the Chinese smartphone startup Xiaomi in April 2015.
Ratan is a famous philanthropist in India who supports education, medicine, and rural development. He assisted the University of New South Wales Faculty of Engineering in creating capacitive deionization to provide better water to underprivileged populations.
Tata Hall, which debuted in November 2018, is a cutting-edge research facility at the University of California, San Diego. The structure is named after the Tata Trusts, who gave UC San Diego $70 million in 2016.
The Tata Education and Development Trust, a philanthropic subsidiary of the Tata Group, has established a $28 million Tata Scholarship Fund to help Indian undergraduate students at Cornell University.
Ratan’s Tata Trusts made a 750 million contribution to the Indian Institute of Science’s Centre for Neuroscience to explore the mechanisms underlying the aetiology of Alzheimer’s disease and to develop strategies for its early identification and treatment.
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Ratan Tata Awards
Ratan was given the Padma Bhushan in 2000 and the Padma Vibhushan in 2008, the third and second-highest civilian accolades in India, respectively. Along with national civilian accolades, Tata has won a number of state civilian honours, including the ‘Maharashtra Bhushan’ in 2006 for his outstanding service to public administration in Maharashtra and the ‘Assam Baibhav’ in 2021 for his remarkable contribution to cancer care in Assam.
Ratan was born on 28 December 1937. He graduated from Cornell University in New York with a bachelor’s degree in architecture in 1959. Former chairman of Tata Sons and an Indian industrialist and philanthropist, Ratan is now 86 years old.
Frequently Asked Questions (FAQs):
Q1. What is Ratan’s qualification?
Ans: Ratan’s qualification is a graduate of Cornell University in New York with a bachelor’s degree in architecture 1959.
Q2. Where was Ratan born?
Ans: Ratan was born in Bombay now known as Mumbai.
Q3. Is Ratan Tata married?
Ans: No, Ratan is unmarried so as to keep his vows to uphold his word.
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