Business ethics also known as corporate ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems. Ratan Tata Wikipedia. Ratan Naval Tata born 2. December 1. 93. 7 is an Indian industrialist, investor, philanthropist, and former chairman of Tata Sons. He was the chairman of Tata Group, a Mumbai based global business conglomerate from 1. October 2. 01. 6 for an interim term, and continues to head its charitable trusts. 34 He is the recipient of two of the highest civilian awards of IndiaPadma Vibhushan 2. Padma Bhushan 2. He is an alumnus of the Cathedral and John Connon School, Bishop Cotton School Shimla, Cornell University Harvard Business School. Early lifeeditRatan Tata is the son of Naval Tata, who had been adopted from J. Express Helpline Get answer of your question fast from real experts. Pes demo download 2006 pride and prejudice download 2005 download bot no pw fate zero opening 2 video download download gratis hotspot shield launch download jadoo. N. Petit Parsi Orphanage by Navajbai Tata. His parents Naval and Sonoo separated in 1. Jimmy, was seven years old. Both he and his brother were raised by their grandmother Navajbai Tata. 6 He has a half brother Noel Tata from Naval Tatas second marriage to Simone Tata. He schooled in Mumbai and Shimla, at the Cathedral and John Connon School and Bishop Cotton School Shimla. 7 He received a B. Arch. degree in architecture with structural engineering from Cornell University in 1. Advanced Management Program from Harvard Business School in 1. Tata began his career in the Tata group in 1. He started on the shop floor of Tata Steel, shovelling limestone and handling the blast furnace. 8 He could not turn around group companies, NELCO and Empress Mills, which he was given charge of in the 7. In 1. 99. 1, J. R. D. Tata stepped down as chairman of Tata Sons, naming him his successor. When he settled down into the new role, he faced stiff resistance from many company heads some of whom had spent decades in their respective companies and rose to become very powerful and influential due to the freedom to operate under JRD Tata. He began replacing them by setting a retirement age, and then made individual companies report operationally to the group office and made each contribute some of their profit to build and use the Tata group brand. Innovation was given priority and younger talent was infused and given responsibilities. 1. Under his stewardship, overlapping operations in group companies were streamlined into a synergised whole,1. During the 2. 1 years he led the Tata Group, revenues grew over 4. Where sales of the group as a whole, overwhelmingly came from commodities when he took over, the majority sales came from brands when he exited. 1. He boldly got Tata Tea to acquire Tetley, Tata Motors to acquire Jaguar Land Rover and Tata Steel to acquire Corus. All this turned Tata from a largely India centric group into a global business, with over 6. He conceptualised the Tata Nano car. 1. As he explained in a recentwhen interview for the Harvard Business Schools Creating Emerging Markets project, the development of the Tata Nano was significant because it helped put cars at a price point within reach of the average Indian consumer. 1. Ratan Tata relinquished all executive power in the Tata group on 2. December 2. 01. 2, on turning 7. Cyrus Mistry, the 4. Pallonji Mistry of the Shapoorji Pallonji Group, the largest individual shareholder of the group and related by marriage. 1. On 2. 4 October 2. Cyrus Mistry was removed as the Chairman of Tata Sons and Ratan Tata was made interim chairman. The decision went through intense media scrutiny that made many scrutinize the root causes of the sudden removal, and the resultant crisis. 1. On 1. 2 January 2. Natarajan Chandrasekaran was named as the Chairman of Tata Sons, a role he will assume in February 2. Recently, he invested his personal savings in Snapdeal one of Indias leading e commerce website and in Jan 2. Teabox an online store selling premium Indian Tea 2. Cash. Karo. com2. Ratan Tata has been making small investments in both early and late stage companies in India. He made investments of INR 0. Cr in Ola Cabs2. INR 1 Cr in Paytm. 2. In April 2. 01. 5, it was reported that Tata had acquired a stake in Chinese smartphone startup Xiaomi, with specific terms undisclosed. 2. In October 2. 01. American Express in investing in Bitcoin venture Abra. 2. In Jan 2. 01. 6, it was reported that Ratan Tata invested in an online Pet care portal called Dogspot. 2. PhilanthropyeditTata HalleditIn the fall of 2. HBS Tata related companies and charities donated 5. The executive center has been named as Tata Hall, after Ratan Tata AMP 7. Tata Sons. 3. 0 The total construction costs have been estimated at 1. The Tata Hall is located in the northeast corner of the HBS campus, the facility is devoted to the Harvard Business Schools mid career Executive Education program. It is seven stories tall with about 1. It houses approximately 1. Board memberships and affiliationseditHe is the interim chairman of Tata Sons. He continues to head the main two Tata trusts Sir Dorabji Tata Trust and Sir Ratan Tata Trust and their allied trusts, with a combined stake of 6. Tata Sons, Tata groups holding company. He has served in various capacities in organisations in India and abroad. He is a member of the Prime Ministers Council on Trade and Industry and the National Manufacturing Competitiveness Council. He is on the jury panel of Pritzker Architecture Prize3. He is a director on the boards of Alcoa Inc., Mondelez International3. Board of Governors of the East West Center. He is also a member of the Board of Trustees of University of Southern California, Harvard Business School Board of Deans Advisors, X Prize3. Cornell University. He is a member on the board of International Advisory Council at Bocconi University3. He is also a member of the Harvard Business School India Advisory Board IAB since 2. Harvard Business School Asia Pacific Advisory Board APAB 2. In February 2. 01. Ratan took an advisory role at Kalari Capital. citation neededRecently, Ratan Tata has also invested an undisclosed amount in Nestaway in February 2. In October, 2. 01. Tata Sons removed Cyrus Mistry as its Chairman, nearly 4 years after he took over the reins of the over 1. Ratan Tata made a come back, taking over the companys interim boss for 4 months. A selection committee has been formed to find a successor in four months. The selection committee comprising Mr. Tata, TVS Group head Venu Srinivasan, Amit Chandra of Bain Capital, former diplomat Ronen Sen and Lord Kumar Bhattacharya. All of them, except Mr. Bhattacharya, are on the board of Tata Sons. 3. Honours and awardseditRatan Tata received the Padma Vibhushan in 2. Padma Bhushan in 2. Government of India. 3. The other notable awards are ReferenceseditThe amazing story of how Ratan Tata built an empire. Rediff 2. 1 October 2. Ratan Tata is chairman emeritus of Tata Sons. The Times of India. Masani, Zareer 5 February 2. What makes the Tata empire tick. The Independent UK. Retrieved 3. 0 April 2. List of Fellows Royal Academy of Engineering. Raeng. org. uk. Retrieved 2. Langley, William 3. March 2. 00. 8. Ratan Tata rode the tiger economy and now he drives Jaguar. The Daily Telegraph. London. Retrieved 3. March 2. 01. 2. Ratan Tata goes back to school. Times of India. 3. March 2. 00. 9. Retrieved 3. March 2. 01. 2. Chidanand Rajghatta 3. December 2. 00. 7. Times of India Article Man of the YearIts Ratan Tata. The Times of India. Retrieved 2. 5 October 2. Majumdar, Shyamal 2. January 2. 01. 5. Years Ago. and Now Ratan Tata increased dare quotient of Tata group. Business Standard. Retrieved 2. 9 April 2. Ratan Tata and NELCO Crucible The untold story. October 2. 01. 3. Retrieved 2. 9 April 2. Christopher, Elizabeth Deresky, Helen 2. International Management Managing Cultural Diversity Second ed. Pearson Australia. ISBN 9. 78. 14. 42. Retrieved 3. 0 April 2. The Tata group Out of India. The Economist. 3 Mar 2. Retrieved 3. 0 April 2. Aiyar, Shankkar 2. February 2. 00. 3. Ratans Tata. India Today. Retrieved 3. 0 April 2. Goldstein, Andrea January 2. The Internationalization of Indian Companies The Case of Tata. Center for the Advanced Study of India, University of Pennsylvania. Retrieved 3. 0 April 2. Mithas, S. 2. 01. Making the Elephant Dance The Tata Way to Innovate, Transform and Globalize Kindle version is available at http www. B0. 12. G9. MSCA. New Delhi Penguin PortfolioInterview with Ratan Naval Tata. Creating Emerging Markets. Harvard Business School. Cyrus P Mistry to succeed Ratan Tata. Retrieved 2. 3 November 2. Ratan Tata, Indias Corporate Czar, Retires With a 5. Billion Vision. Bloomberg. Retrieved 2. 7 March 2. Goswami, Ranjit 1 November 2.
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