Ratan Tata Dies: He became chairman of the $100 billion steel-to-software conglomerate in 1991 and ran the group founded by his great-grandfather more than a hundred years ago until 2012.Ratan Tata, chairman emeritus of one of India's biggest conglomerates, Tata Sons, has died at 86. Just on Monday, the industrialist in a social media post had dismissed speculation surrounding his health and had said he was undergoing routine medical investigations due to his age.
N Chandrasekaran, Chairman, Tata Sons, in a late night statement on Wednesday, announced the death of Mr Tata, hailing the industrialist's unwavering commitment to excellence, integrity, and innovation.
"It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation," said Mr Chandrasekaran.
