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Chairman Emeritus of Tata Sons' Ratan Tata Leaves the World

CIO Insider Team | Thursday, 10 October, 2024
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Tata Sons' chairman emeritus Ratan Tata passed away at a Mumbai hospital on Wednesday, having spent the last few days in intensive care at the hospital.

At 86, the industrialist legend left the world and the cause of death is said to be his age and medical issues.

Upon hearing the news, senior Mumbai Police officers raised the security at Mumbai's Breach Candy Hospital.

It should be noted that Ratan Tata, who became chairman of Tata Sons in 1991, is a well-known personality in the Indian industry.

Through the strategic acquisitions of businesses like Tetley, Corus, and Jaguar Land Rover, he turned the Tata Group—which was based mostly in India—into a multinational force during his tenure at Tata Sons.

Tata truly expanded into a multibillion dollar worldwide commercial empire under his direction.

Following Tata's retirement in December 2012, Cyrus Mistry took over as CEO until his death in an automobile accident in 2022.

"There is no cause for concern. I remain in good spirits."

Earlier this weeks, multiple reports surfaced on the newspapers and the net that Ratan Tata had been hospitalized and receiving treatment.

However, the industrialist legend reassured the public that he was just getting regular exams because of his age and associated health issues.

Ratan Tata on Monday took to social media to address the rumors about his health said, "There is no cause for concern. I remain in good spirits."

Tata explained that his medical evaluations were routine and asked the public and media to refrain from spreading misinformation.



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