Ratan Tata, patriarch of biggest Indian conglomerate, dies at 86

The Star

Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the Tata Group said in a statement late on Wednesday.   Read more at https://tinyurl.com/2kfwv6vd  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00Ratan Tata, the businessman who inherited one of India's oldest conglomerates and transformed

00:08it through a string of eye-catching deals into a global empire, has died.

00:13He was 86.

00:14His death was announced in a statement on Wednesday by Tata Group chairman Natarajan

00:19Chandra Sekharan.

00:21As chairman for more than two decades beginning in 1991, Tata rapidly expanded the 156-year-old

00:28business house.

00:29It now has operations in more than 100 countries and clocked $165 billion in revenue for the

00:36year ended March 2024.

00:39In his last few years, Tata became a passionate backer of startups, including Ola Electric,

00:45a unit of ride-hailing firm Ola, and home and beauty services provider Urban Company.

00:51Among his many awards, he received the Padma Vibhushan, India's second-highest civilian

00:57honor, in 2008 for exceptional and distinguished service in trade and industry.

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