Ratan Tata: Tata Group Chairman Ratan Tata’s condition critical, admitted to Mumbai hospital

Ratan Tata: The health of Ratan Tata, Honorary Chairman of India’s largest group Tata Sons, has once again become serious. According to the information, he has been admitted to a hospital in Mumbai. Two days before this (7 October), the news of his deteriorating health was broadcast on the news channel. However, in this case, he informed about his health through a post on his official Twitter (earlier Twitter) that he is healthy.

Ratan Tata had denied on social media

He himself denied these claims and termed the claims of his being admitted to the ICU as rumors. During this, he wrote in a social media post – ‘I am aware of the rumors spreading recently about my health. I want to assure everyone that these claims are baseless. I am currently undergoing necessary medical tests related to my age and health. There is nothing to worry about. I am feeling well. I request the public and the media to refrain from spreading misinformation.’

Know about Ratan Tata Ratan Naval Tata is an Indian businessman, investor, philanthropist and former chairman of Tata Sons. He has been the chairman of the Tata Group. He has been awarded two of India’s highest civilian awards Padma Vibhushan (2008) and Padma Bhushan (2000). He is an alumnus of the prestigious Cathedral and John Connon School, Bishop Cotton School (Shimla), Cornell University and Harvard.

Tata took over as chairman of Tata Sons in March 1991 and retired on 28 December 2012. During his tenure, the revenue of the Tata Group increased manifold. The revenue grew from a turnover of just ₹10,000 crore in 1991 to US$100.09 billion in 2011–12. He also led the group in some significant acquisitions, including Tetley from Tata Tea for US$450 million in 2000, steelmaker Corus from Tata Steel for £6.2 billion in 2007 and the landmark Jaguar Land Rover from Tata Motors for US$2.3 billion in 2008.

After his retirement, Tata also faced a boardroom battle with his successor Cyrus Mistry, who was removed as Tata Sons chairman on 24 October 2016.

He returned as interim chairman of the group after Mistry’s removal and in January 2017 handed over the reins of the group to N. Chandrasekaran and assumed the role of chairman emeritus of Tata Sons.

Leave a Reply

Your email address will not be published. Required fields are marked *