1.Personal life.

2.Professional life.
3.Strategic decisions by Ratan Tata.
4.Mergers and acquisitions.
5.Tata Nano.
Ratan Tata was born into the famous Tata family, a
prominent family belonging to Mumbai's
wealthy Parsi community. He was born to Soonoo
and Naval Hormusji Tata. Ratan is the great
grandson of Tata group founder Jamsedji Tata. His
childhood was troubled, with his parents
separating in the mid-1940s when he was merely
seven and his younger brother Jimmy was five
years old. Their mother moved out and both Ratan
and his brother were raised by their grandmother
Lady Navajbai.

Family tree of Tatas.

Early Career of Ratan Tata:
Ratan Tata completed his BSc degree in architecture
with structural engineering from Cornell University in
1962, and the Advanced Management Program
from Harvard Business School in 1975. He joined the
Tata Group in December 1962, after turning down a job
with IBM on the advice of JRD Tata. He was first sent
to Jamshedpur to work at Tata Steel. He worked on the
floor along with other blue-collar employees,
shovelling limestone and handling the blast
furnaces. Ratan Tata, a shy man, rarely features in the
society glossies, has lived for years in a book-crammed,
dog-filled bachelor flat in Mumbai's Colaba district and
is considered to be a gentleman extraordinaire
 In 1971, Ratan was appointed the Director-in-Charge of The National
Radio & Electronics Company Limited (Nelco), a company that was in
dire financial difficulty.
 From 1972 to 1975, Nelco eventually grew to have a market share of 20%,
and recovered its losses.
 In 1977, Ratan was entrusted with Empress Mills, a textile mill controlled by the
Tatas.
 In 1981, Ratan was named director of Tata Industries, the Group's other holding
company, where he became responsible for transforming it into the Group's
strategy think-tank and a promoter of new ventures in high-technology
businesses.
 In 1991, he took over as group chairman from J.R.D. Tata, pushing out the old
guard and ushering in younger managers. Since then, he has been instrumental in
reshaping the fortunes of the Tata Group, which today has the largest market
capitalization of any business house on the Indian Stock Market.
The company, which celebrated its centenary in August last year, wants to
boost its annual output of 8.7 million tonnes to 15 million tonnes by 2010,
and take it upwards to 30 million tonnes by 2030. More stunning moves
on the mergers and acquisition front can definitely be expected, it says.
In January 2007, the group pulled off India’s biggest ever takeover of an
overseas company to buy Anglo-Dutch steel-maker Corus in a $12 billion
deal that made it the combined entity the world’s fifth largest producer of
the commodity.
This came just over a year after it acquired Singapore’s NatSteel, which also
has a presence in Thailand, China, Malaysia, Vietnam, the Philippines
and Australia followed by the acquisition of Thailand’s Millennium Steel
for a $421 million.
 South Korea’s Daewoo Commercial Vehicle Co was acquired by
the company in March 2004 for $102 million and gained, in the
process, a market share of 30 percent and access to markets where
it had no prior presence.
 This was followed by the acquisition of a 21 percent stake in
Spanish bus maker Hispano Carrocera for $18 million with an
option to pick up the remaining stake at a later date. This helped
the company get technology to make top-end busses.
 Another company in the fold - Tata Technologies, which provides
automotive engineering and design services - bought Britain’s
Incat International for $53 million.
 This company, which was earlier a division of Tata Sons, has been
among the most aggressive shoppers for companies overseas. It
has acquired six companies in recent months, though the net value
of the deals is no more than $100 million.
 In the second half of 2005, following the merger of group
company Tata Infotech into its fold, TCS acquired financial
services company FNS of Australia for $26 million and then
Chile’s outsourcing major Comicrom for $23 million.
 TCS, which has 160 offices in 30 countries, also entered into a
structured deal with the British insurance major, the Pearl Group,
which essentially called for the two entities to set up a subsidiary
with TCS as the majority partner.
 The Tata group acquired the former state-run,
international telecom carrier a few years ago. The
company has made several overseas acquisitions since
then with the aim of becoming a top-end services
provider in the industry.
 Some of the acquisitions include undersea cable
company Tyco of the US for $130 million, Internet
service provider Dishnet’s India division for $64.28
million and international telecom service provider
Teleglobe of US for $239 million.
 Following its acquisition of Hindustan Lever
Chemicals, Tata Chemicals was on the lookout for a
steady supply of phosphoric acid for its newly
acquired plant at Haldia.
 It, accordingly, took over two overseas for a total value
of $215 million - Indo Maroc Phosphore of Morocco in
March 2005 and Brunner Mond Group of Britain in
December last year. Morocco produces over 50 percent
of world’s rock phosphate.
 In 2000, Tata Tea bought British giant Tetley for a $407 million - in
what was then the largest such deal by an Indian company - and
started scouting for similar deals to become a global tea and
related drinks brand.
 Another acquisition has been a 33 percent stake in South African
Joekels Tea Packers for an undisclosed amount that was
announced this month. It had earlier acquired the US-based Good
Earth Corp for $32 million.
 The company’s other picks include Czech Republic’s Jemca and 30
percent stake in the US-based favoured water manufacturer
Glaceau for $677 million.
 This company, which runs the Taj Group of hotels, acquired
several hotels abroad for $121 million in the past few years. It has
set aside $100 million for future acquisitions in Europe, the
Middle East, Asia and the US.
 In December 2006, it acquired W, a hotel at the Woolloomooloo
Bay in Sydney, then it took over the management of The Pierre, a
luxurious landmark hotel on New York’s Fifth Avenue. India
Hotels has 39 hotels in India and 18 worldwide.
 Another acquisition was Campton Place Hotel in San Francisco
 This company - which makes auto components from 14
plants, three engineering centres and three export-
oriented units for clients like General Motors, Ford and
Toyota - acquired W? Weidinger of Germany for $7
million last year.
 A pioneer in simulations business in India, this company too
made acquired several companies overseas - Notably Tertia
Edusoft GmbH of Germany and Tertia Edusoft AG of
Switzerlandm - and is keen on more buy outs in the future
 Ratan Tata's dream was to manufacture a car costing Rs 100,000
(1998: approx. US$2,200; today US$2,000 US$2,528).
 He realized his dream by launching the car in New Delhi Auto
Expo on January 10, 2008.
 Three models of the Tata Nano were announced, and Ratan Tata
delivered on his commitment to developing a car costing only 1 lakh
rupees, adding that "a promise is a promise," referring to his earlier
promise to deliver this car at the said cost.
 However, the price of the car has since been raised. Recently when
his plant for Nano production in Singur, West Bengal, was obstructed
by Mamta Banerjee, his decision of going out of the state was warmly
welcomed by the Indian corporate media and the English-speaking
middle class.
 Banerjee criticised Ratan Tata for forcing people out of their land
in collusion with the Left Front government in the state, which is
headed by Budhadeb Bhattacharjee.
On October 7, 2008, after a controversial stay in West
Bengal, Ratan Tata and his team shifted their Rs 1-lakh
car Nano project to Sanand near Ahmedabad at an
investment of Rs 2,000 crore (Rs 20 billion), declaring
that efforts will be made to roll out the world's
cheapest car from a make-shift plant to meet the
deadline.
The Gujarat chief minister Narendra Modi granted
him huge subsidy for building the facility, including
free land. Praising Modi for speedy allocation of about
1,100 acres (4.5 km2) of centrally located land, Ratan
Tata said that the company had a great deal of urgency
in having a new location and was driven by the
reputation of the state.
The car was launched on March 23, 2009, amid much
fanfare with advance bookings that preceded its
launch by months.
 Ratan Tata serves in senior capacities in various organisations in
India and he is a member of the Prime Minister's Council on Trade
and Industry.
 Tata is on the board of governors of the East-West Centre, the
advisory board of RAND's Centre for Asia Pacific Policy and
serves on the programme board of the Bill & Melinda Gates
Foundation's India AIDS initiative.
 Ratan Tata's foreign affiliations include membership of the
international advisory boards of the Mitsubishi Corporation,
the American International Group, JP Morgan Chase and Booz
Allen Hamilton.
 He is also a member of the board of trustees of the RAND
Corporation, University of Southern California and of his alma
mater, Cornell University. He also serves as a board member on
the Republic of South Africa's International Investment Council
and is an Asia-Pacific advisory committee member for the New
York Stock Exchange.
 He was listed among the 25 most powerful people in
business named by Fortune magazine in November 2007.
 In May 2008 Mr Tata made it to the Time magazine's
2008 list of the World's 100 most influential people. Tata
was hailed for unveiling his tiny Rs. one lakh car 'Nano‘.
 On 26 January 2008, he was awarded the Padma
Vibhushan, the second highest civilian decoration.
 On 29 August 2008, the Government of
Singapore conferred honorary citizenship on Ratan Tata,
in recognition of his abiding business relationship with
the island nation and his contribution to the growth of
high-tech sectors in Singapore.
 In 2009 he was appointed an honorary Knight
Commander of the British Empire.
THE LATEST FINDINGS ABOUT THE TATA
EMPIRE:
The quiet understated powerhouse now includes the world's second largest
tea business (Tata Tea); Asia's largest software firm (Tata Consultancy
Services); the world's fifth largest steel giant (Tata Steel); a plush worldwide
hotel chain (Indian Hotels); the world's fifth largest truck maker (Tata
Motors) and an automobile manufacturing spectrum that spans everything
from a bicycle factory in Zambia, a $2,500 cheap car, South Korea's
Daewoo commercial vehicle, to soon $50,000 luxury Jaguar models. 

THE CREDIT OFCOURSE GOES TO RATAN TATA!

 SOURCE:
•http://www.businessworld.in/index.php/Ratan-Tatas-Global-
Quest.html
•http://en.wikipedia.org/wiki/Ratan_Naval_Tata
•http://timesofindia.indiatimes.com/India/Man_of_the_year_Its_Rata
n_Tata/articleshow/2661653.cms
 THANK YOU.

PRESENTED BY:
GAYATRI SHARMA.
Roll No:0155