Updated 10 October 2024 at 01:17 IST
Ratan Tata Demise: Veteran industrialist Ratan Tata died at a Mumbai hospital late on Wednesday night. A recipient of Padma Vibhushan, he breathed his last at south Mumbai’s Breach Candy Hospital at 11.30 pm. The chairman emeritus of the Tata group was 86.
Tata Sons chairman N Chandrasekaran, in a statement, confirmed the death of Tata, and described him as his "friend, mentor and guide". “It is with a profound sense of loss that we bid farewell to 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,” Tata Sons chairman N Chandrasekaran said in a statement subsequently. Chandrasekaran said Tata, a friend, mentor and guide, led by example and had an unwavering commitment to excellence, integrity, and innovation.
Under Tata’s leadership starting in 1991, the Tata Group expanded its global footprint while always remaining true to its moral compass, he added. Ratan Tata’s dedication to philanthropy and development of society touched the lives of millions and will benefit generations to come, Chandrasekharan stated.
On Monday, Tata, in an Instagram post had asserted that there was no cause for concern regarding his health and he was undergoing check-ups for age-related medical conditions.
'Thank you for thinking of me. I am aware of recent rumours circulating regarding my health and want to assure everyone that these claims are unfounded. I am currently undergoing medical check-ups due to my age and related medical conditions. There is no cause for concern. I remain in good spirits and request that the public and media respect refrain from spreading misinformation." Ratan Tata said in his last Instagram post.
Ratan Tata led the Tata Group from March 1991 to December 2012 as Chairman of Tata Sons, the holding company of the conglomerate.
Published 10 October 2024 at 00:43 IST