Successful Investor

in India
RATAN TATA

Submitted By
16/PCMA/530 – Densina Elezabeth D
16/PCMA/535 – Kristin Marian Martin
[Investment Planning Assignment]
 None Can Destroy Iron, but its own rust can, likewise none can destroy a
person, but its own mindset can! – Ratan Tata
.Investor:

A person or organization that puts money into financial schemes, property, etc. with the expectation of
achieving a profit. The individual investor plays an important role because of the big share of their savings
are invested in the country. The investors’ decision is always based on risk and return relationship. An
individual invests at high risk because he/she tends to look at the higher possible return from the investment.

RATAN TATA

Early Life:

Ratan Tata is the son of Naval Tata, who had been adopted from J.
N. Petit Parsi Orphanage by Navajbai Tata. His parents Naval and
Sonoo separated in 1948 when he was ten and his younger brother,
Jimmy, was seven years old. Both he and his brother were raised
by their grandmother Navajbai Tata. He has a half-brother Noel
Tata from Naval Tata's second marriage to Simone Tata.

He schooled in Mumbai and Shimla, at the Cathedral and John

Connon School and Bishop Cotton School (Shimla). He received a
B. Arch. degree in architecture with structural engineering from
Cornell University in 1962, and the Advanced Management
Program from Harvard Business School in 1975.

Career:

Tata began his career in the Tata group in 1961. He started on the shop floor of Tata Steel, shovelling limestone
and handling the blast furnace. He could not turn around group companies, NELCO and Empress Mills, which
he was given charge of in the 70s. In 1991, 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 them
profit to build and use the Tata group brand. Innovation was given priority and younger talent was infused and
given responsibilities. Under his stewardship, overlapping operations in group companies were streamlined
into a synergised whole. with the salt-to-software group exiting unrelated businesses to take on the onslaught

Ratan N Tata was the Chairman of Tata Sons, one of the two promoter holding companies of the Tata group,
from 1991 till his retirement on December 28, 2012. He was also chairman of the major Tata companies,
including Tata Motors, Tata Steel, Tata Consultancy Services, Tata Power, Tata Global Beverages, Tata
Chemicals, Indian Hotels and Tata Teleservices.

During the 21 years he led the Tata Group, revenues grew over 40 times, and profit, over 50 times. Where
sales of the group, overwhelmingly came from commodities when he took over, the majority sales came from
brands when he exited. During his tenure, the group’s revenues grew manifold, totalling over $100 billion in
2011-12.

Mr Tata is also associated with various organisations in India and overseas. He is the chairman of two of the
largest private-sector-promoted philanthropic trusts in India. He is a member of the Indian Prime Minister’s
Council on Trade and Industry. He is the president of the Court of the Indian Institute of Science and chairman
of the Council of Management of the Tata Institute of Fundamental Research.

He also serves on the board of trustees of Cornell University and the University of Southern California.
Mr Tata serves on the board of directors of Alcoa, and is also on the international advisory boards of Mitsubishi
Corporation, JP Morgan Chase, Rolls-Royce, Temasek Holdings and the Monetary Authority of Singapore.

Ratan Tata relinquished all executive power in the Tata group on 28 December 2012, on turning 75, appointing
as his successor, Cyrus Mistry, the 44-year-old son of Pallonji Mistry of the Shapoorji Pallonji Group, the
largest individual shareholder of the group and related by marriage.

On 24 October 2016, 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. On 12 January 2017 Natarajan Chandrasekaran was named as
the Chairman of Tata Sons, a role he assumed in February 2017.

Recently, he invested his personal savings in Snapdeal - one of India's leading e-commerce website and in Jan
2016 made an undisclosed funding in Tea box — an online store selling premium Indian Tea and
CashKaro.com — an online discount coupons and cashback website. Ratan Tata has been making small
investments in both early and late stage companies in India. He made investments of INR 0.95 Cr in Ola Cabs
and INR 1 Cr in Paytm.
In April 2015, it was reported that Tata had acquired a stake in Chinese smartphone start up Xiaomi, with
specific terms undisclosed. In October 2015, he partnered with American Express in investing in Bitcoin
venture Abra. In Jan 2016, it was reported that Ratan Tata invested in an online Pet care portal called Dogspot.

Recently Tata Motors rolled out the first batch of Tigor Electric Vehicles out of its Sanand factory in Gujarat,
to which Ratan Tata Said "Tigor indicates a willingness to fast-forward India's electric dream. The government
has set an ambitious target to have only electric cars by 2030."

Ratan Tata Success Story:

Ratan Tata’s first success as a thoughtful business leader came in the year 1971 when he was made the Director
of National Radio and Electronics (Nelco). During those days, Nelco was struggling hard with the losses of
40% and a market share of meagre 2%. Under the guidance of Ratan Tata, Nelco, soon claimed the 25% share
of the consumer electronics market. Just when he turned it around, the blow, however, came in 1975 when
Prime Minister Indira Gandhi declared a state of emergency, which led to an economic recession. Acute union
problems in 1977 ensured a strike and an eventual lockout. Though Ratan Tata continued to believe in the
fundamental soundness of Nelco, the venture did not survive.

In the year 1977, Ratan was entrusted with the next assignment of nurturing a loss-making unit – Empress
Mill into a profitable one. He did turn it around to some extent but to make it fully profitable, he needed a
needed an investment of Rs.50 lakhs which was refused to him from the management. And finally, the unit
was closed.

With this, Ratan’s second shot at glory had also failed. But it did not stop or undermine him. He emerged as
a winner. Under his stewardship, Tata Tea acquired Tetley, Tata Motors acquired Jaguar Land Rover and Tata
Steel acquired Corus, which have turned Tata from a largely India-centric company into a global business,
with 65% revenues coming from abroad.

Putting aside lot of internal hue and cries, JRD Tata declared Ratan Tata his successor in 1981 and Ratan had
to face criticism since people believed that he’s not experienced enough to handle a business of the scale that
of like the Tata Industries. After ten years of his entry into the Tata Industries, he was appointed the Chairman
of the Tata Group. With Ratan’s appointment, The Tata Group reached new heights which had never been
experienced by this group earlier. Under his direction, the company went through several different
entrepreneurial ventures. Under him Tata Consultancy Services went public and Tata Motors was listed in the
New York Stock Exchange. In 1998, Tata Motors came up with Tata Indica, the first truly Indian car. The car
was the brainchild of Ratan Tata.
One of Ratan’s biggest contributions has been converting a ragtag and slumbering conglomerate with
overlapping businesses across multiple companies into a cohesive group which became battle-ready to face
the challenges of an economy that was opening in the early 1990s. So, the group got out of businesses such as
cement, textiles and cosmetics, even as it increased its focus on others such as software, and entered
telecommunications, finance and retail.

There were hardly any red marks in the group’s financial scorecard in the 21 years that he was at the helm of
the Tata group, till December 2012.

In his final year as chairman, Ratan Tata has been keen to foster innovation. To show that failure is an
increasingly central part of any business strategy, a unique annual competition has been instituted: a prize for
the best failed idea. By recognizing failure and even rewarding it, Ratan Tata was keen to show that failures
are likely in the pursuit of innovation.
Awards:

Ratan Tata received the Padma Vibhushan in 2008 and Padma Bhushan in 2000, the second and third highest
civilian honours awarded by the Government of India He has also received honorary doctorates from several
universities in India and overseas.

Net worth:

Ratan Tata Net Worth is Rs. 6396 Crore INR. This man once quoted “I don’t believe in taking right decisions.
I take decisions and then make it right.” And now his decision is worth of more than 100 Billion USD. Started
from the root and now the roof of Tata Group, this man needs no description, he is none other than Mr. Ratan
Tata. He is also known as the man of commitment, a true inspiration and one of the most powerful and
influential people in the world.

Mr. Ratan Tata is an Indian investor, philanthropist, and head of Tata Sons and former chairman of Tata group.
Tata Sons is the promoter of the major operating group Tata companies and holds significant shareholdings
in these companies.

About 66 percent of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of
the Tata Family. The largest of these trusts are the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust. The
Tata group comprises over 100 operating companies spread across six continents.

The products and services of Tata group include:

 Automobile and automotive

 Agrochemicals and agriculture services
 Automobile and automotive services Logistics
 Automobiles, auto assemblies & auto components
 Chemicals
 Construction equipment’s
 Consumer products
 Consumer products-retailing
 Defence and aero-space
 Drugs
 Engineering services
 Financial services
 Hotels and hospitality
 Industrial infrastructure-EPC projects
 Industrial machinery 7 equipment’s
 Investment services
 IT and IT-enabled services
 Logistics
 Material handling equipment
 Media and entertainment
  Mining
 Power
 Realty and infrastructure
 Renewable energy
 Retail chains
 Services-miscellaneous
 Steel products and services
 Telecom products and solutions

The total net worth of Mr. Ratan Tata is diversified, but still it includes a huge amount of wealth from various
sources. The net worth of Mr. Ratan Tata is estimated to be 1 billion USD, which in Indian currency is
approximately 63960000000 Indian Rupee (i.e. approx. Six Thousand Four Hundred Crore INR). Ratan Tata
is not in the list of Billionaire club, because 65% ownership of TATA Sons which is the key holding company
of the other 96 TATA Group Company is held by various charitable organizations. So, this 65% ownership of
Tata Sons Limited is not reflected on Ratan Tata’s personal Financial Statement but on the various charitable
organizations.

If we put this 65% ownership of Tata Sons in Ratan TATA’s own personal financial statement then Ratan
Tata’s Net worth can become more than 85 billion USD and that’s much more than that of Bill Gates Current
Net Worth of 84 billion USD, the world’s richest person according to 2016 Forbes magazine. Tata charitable
trust is the biggest trust in the history of India.

Ratan Tata’s Assets:

Ratan Tata House: Mr. Ratan Tata Resides in Mumbai, India. He bought this Luxury Home in the year 2015.
The Estimated Value of this Real Estate Property is around Rs. 150 Crores. He owns Multiple Properties
across the India.

Ratan Tata Cars: The Car collection of Mr. Tata is quite large. He owns few of the best luxury cars in the
world. The Car brands owned by Mr. Ratan Tata include Mercedes Benz, Ferrari, Honda Civic, Range Rover,
Tata, Maserati Quattro Porte, Cadillac XLR, Chrysler Sebring, Jaguar and Buick Super 8.

Average income/ investment:

Estimated net worth Rs. 6396 Crore INR

Average Annual Income Rs. 725 Crore INR

Personal Investment Rs. 5248 Crore INR

Luxury cars Rs. 19 Crore INR

The richest man by heart doesn’t need any dependency to rely upon; still Mr. Tata has personal investments,
his various foundations which work day and night to transform the world and the way of living life.

Philanthropy:

Tata Hall

In the fall of 2010, HBS Tata related companies and charities donated $50 million for the construction of an
executive centre. The executive centre has been named as Tata Hall, after Ratan Tata (AMP '75), the chairman
of Tata Sons. The total construction costs have been estimated at $100 million. The Tata Hall is in the northeast
corner of the HBS campus, the facility is devoted to the Harvard Business School's mid-career Executive
Education program. It is seven stories tall with about 150,000 gross square feet. It houses approximately 180
bedrooms in addition to academic and multi-purpose spaces.

Ratan Tata’s 10 Rules:

1. Be a visionary

When Ratan Tata joined the group, it was barely doing any business outside India. Even though many opposed
him, he maintained that the company had to go global. Today half of Tata’s revenues come from overseas.
Under his leadership Tata acquired brands like Tetley, Jaguar Land Rover, and Taj Boston.

2. Be humble

He is known for his humility, and there are countless examples. He started out working as a blue-collar
employee for Tata Steel. He personally visited the families of the 80 employees who were affected because of
the 26/11 attacks. He remembers almost everyone by their first names, and is not dismissive.

3. Never give up on values

Values are something that define a company, both to its employees and its customers. Public Safety and
welfare has always been one of the main core values of Tata. The Tata Group has always been known for
upholding these values and when Ratan Tata took the reigns, he too reinstated these values into the company
culture. As a result, Tata has become one of the most trusted brands the world over.

4. Take Risks

Taking risks is the cardinal rule of business. As a leader, one needs to have the foresight and the capability to
take risks that can take the company to new heights. Coming from business family, Ratan Tata was no stranger
to taking risks and once also said, “I don’t believe in making right decisions.
I take decisions and then make them right.” From acquiring the Jaguar and Land Rover businesses from Ford
to taking over Corus, the second-largest steel maker in Europe, Ratan Tata made significantly big moves and
has managed to make things work in his favour.

5. Motivate others

Ratan Tata had the ability to inspire and motivate others which is very important for a leader. Being a great
leader isn’t about checking all the right boxes but is about making sure you inspire, drive and spark your drive-
in others, so that they along with you, can bring about change, social innovation and progress.

6. Have faith in yourself

When you are dealing with life’s hodgepodge, every minute you take a decision. Some decisions are right
while there are some decisions that may cause situations to take an unpredicted turn. At such junctures, before
people lose faith in your decision-making skills, you must have staunch belief in yourself and must confidently
come forward to make the situation in your favour.

7. Be open to criticism

As per a famous quote by Ratan Tata, ‘Take the stones people throw at you and use them to build a monument.’
Whenever you endeavour to do something you like, you won’t always receive appreciation. There will be
people who will try to pull you down and criticize to shatter your spirit. All you need to do is just ignore all
the criticisms and focus on your work.

8. Use creative tendencies

Be creative rather than being reactive. Being proactive and solving problems even before they come is one of
the most important qualities of an entrepreneur.

A person should not tend to react only when the situation demands but the person should be able to be
anticipate what will happen in future and be able to adjust himself to it in present. An entrepreneur who
exercises such quality is always successful.

9. Get out of the safe mode

To be successful in business you need to take risk. No risk no gain. Mr. Ratan Tata always believed in taking
risk and the result is clear that the risk paid off.

To be successful you need to take risk working in safe mode might make you feel comfortable, but you will
never be able to get best out of the system. He once said “I don’t believe in making right decisions. I take
decisions and then make them right,”
10. Don’t put all your eggs in one basket

Mr. Ratan Tata believed in investing in different companies so as his investment is always safe. He acquired
a stake in the growing Chinese giant Xiaomi and leading e-commerce site Snapdeal. Investing in different
companies ensures that your investment is safe and grows no what the situation of an industry is.

Reasons why Ratan Tata Is India’s Coolest Business Tycoon Ever:

 He travels in economy class.

 He rejected the job offer from IBM for Tata Company.
 From a blue-collar worker with great ideas to a business icon with legendary leadership skills.
 He took Indian auto industry to the world.
 Various honours from numerous prestigious institutions worldwide.
 He says nation comes before patriot.
 His involvement in charitable work is remarkable.
 He encourages young entrepreneurs.

Ratan Tata invests in virtual cash start-up Abra:

Abra, a Silicon Valley bitcoin start up, on Thursday revealed it had raised money from Tata Sons chairman
emeritus Ratan Tata and American Express, as part of its $12-million Series-A funding.

Abra raising funds was reported last month, but the company did not reveal Tata’s participation then. These
are the first investments in the crypto-currency world for both American Express and Ratan Tata, a statement
from the company said.

(Bitcoin is a system of electronic money, used for buying and selling online and without the need for a central
bank. Bitcoin is also a unit of the bitcoin electronic system of money.)

Tata has been investing in Indian, as well as international start-ups, for about a year. He has invested in
companies such as Ola, Paytm, Snapdeal, Urban Ladder, Bluestone, and CarDekho.

Tata has invested in at least 12 start-ups in the past year. He is also an advisor to private equity firms IDG
Ventures, Kalaari Capital, and Jungle Ventures.

Using the Abra app, users can store digital cash and send money to any smartphone. It uses a network of
individuals or businesses earning money by buying and selling digital cash to and from any consumer via the
Abra app.
The company also announced that all registered users in the US and the Philippines will soon be able to use
the Abra app. Currently, the app is available on Android and iOS. (iOS is an operating system used for mobile
devices manufactured by Apple Inc.)

Abra also announced its entry into online, digital cash-based merchant payments.

“As people and businesses transact more globally, there’s a need for more convenient and affordable ways to
move money, and we think the blockchain could play an important role in the evolution of money transfer and
commerce, especially in emerging markets,” said Harshul Sanghi, managing partner, American Express
Ventures.

Abra also announced a set of new services and features to support global online merchants who wish to accept
digital cash via the Abra app.

Any merchant who integrates the Abra Merchant app into their web or mobile app can allow a consumer to
pay for any product or service by typing in their mobile phone number at checkout.

Ratan Tata, Google India MD Rajan Anandan fund India’s startup researching
cannabis: Report (December 21, 2017)

Ratan Tata, former chairman of Tata Sons who is widely known for backing entrepreneurs, and Rajan
Anandan, Google India managing director, have funded Bombay Hemp Company (Boheco), India’s first
cannabis startup for medical research, according to a report in The Economic Times.

The medical research startup was set up with an aim to explore ways for finding many uses of the narcotic
drug for medical purposes. To realise that goal, Boheco roped in the Council of Scientific and Industrial
Research as a partner.

The company which is based out of Mumbai has raised Rs 6.25 crore from Tata and Anandan in first round
of seed funding. In tandem with CSIR, it will grow cannabis in Jammu & Kashmir. The companies plan to
study and later find out in what way the hemp will be useful for treatment of epilepsy, breast cancer and
palliative care. “We already have our first batch of cannabis plants cultivated in Jammu, within the CSIR
framework," Avnish Pandya, co-founder of Boheco, has been quoted in the ET report. Interestingly, in its
initial years of being set up, Boheco sold clothing and nutritional foods.

The company further says it will use the proceeds from the recent seed funding for hiring scientists from India
as well as foreign nations. For that purpose, The Netherlands has already been in its crosshairs.
All the products that the company will come up in near future will be in sync with India’s regulatory
framework governing use of cannabis particularly for medical purposes. Pandya adds the first product that
will come to the market will be for palliative care. A palliative care is extended to people with serious illness
and that also focuses on providing relief from symptoms.

First batch of Tata Tigor EVs for government's all-electric fleet rolled out from Tata
Motors' Sanand unit:( December 7, 2017)

Tata Motors rolled out the electric version of its 'style back' Tigor at the Sanand manufacturing facility in
Gujarat today. While Tata Group's Chairman Emeritus Ratan Tata and Chairman N Chandrasekaran
flagged off first batch, Tata Motors CEO Guenter Butschek drove off the first Tata Tigor EV. This batch is
meant for the Energy Efficiency Services Limited (EESL).

Tata Tigor was introduced by the company back in March this year. The vehicle is based on the same platform
as Tata Tiago but with the addition of a boot.

The petrol and diesel versions of the car are priced between a range of Rs 4.65 lakh to Rs 7.09lakh (ex-
showroom). The price tag on the non-electric Tata Tigor goes up to Rs 7.1 lakh. The prices for e-Tigor are
expected to come down once the car is released in open markets.

The first batch of Tata Tigor EVs is part of the first 350 orders under the first phase of the order for 10,000
electric sedans placed by EESL earlier this year.

Tata Motors is expected to deliver a total of 250 cars in the first phase for which it has already received the
letter of agreement. The same for 100 more units is in the pipeline and will soon be issued by EESL, the
company said in a statement.

Tata Motors became the L1 bidder (lowest bidder) for the EESL order of 10,000 electric cars, by outbidding
Mahindra by Rs 2.3 lakh, and will supply the bulk of the order to government of India during a period of two
years. The toughest competition for the Tata Tigor EV will also be from the Mahindra eVerito.

This is part of the government plan to own a completely electric fleet by 2030 to cut oil imports as well as
emission levels.

This means that the electric Tata Tigor will be available for government use only for the time being. We might
reportedly catch a glimpse of the e-Tigor meant for open markets in the Auto Expo 2018 next year.

Tata Motors had reportedly quoted a price of Rs 10.16 lakh for every unit of Tata Tigor EV to the government,
excluding GST. Factoring in GST takes the final price of the vehicle goes over Rs 11 lakh.
"As we work together to build the future of e- mobility, I am confident that our customers will respond very
favourably to this electric model," Chandrasekaran said at the event.

The electric engine on Tata Tigor EV is can 39.95 hp, a bit more docile than the 113 hp seen on the Tata Tiago
EV. The dimensions have been kept changed from the usual Tigor, though.

Tata Motors has developed the electric powertrain on the Tigor EV with Electra EV, a firm which deals with
every aspect of electric mobility solutions. Reports suggest that Tata and Electra are working for an electric
powertrain for Tata Nano which will be launched for cab fleets later.

Tata Motors will be supplying shells of Tata Nano to Coimbatore-based Jayem Automotive, which will then
complete the rest of the car.

The smallest car will not have any Tata branding and will make its comeback with the name Jayem Neo. Just
like the first batch of e-Tigors, the electric avatar of Tata Nano will not be available to masses right away and
will be deployed as part of the Ola fleet in Delhi-NCR.

Ratan Tata-chaired Tata Trusts own two-thirds of Tata Sons, the holding
company and promoter to all Tata Group companies.

TCS to contribute a sizable portion of its CSR fund to Tata Trusts:

Tata Consultancy Services (TCS) is expected to contribute a sizable portion of its corporate social
responsibility (CSR) fund to Tata Trusts, a bunch of philanthropic organisations that owns a majority stake in
the group holding firm, two people familiar with the matter said.

The technology firm, the most profitable in the salt-to-software conglomerate, is the first Tata company to
consider such a move and it aligns with Ratan Tata's call for a unified philanthropic programme for the entire
group and chairman N Chandrasekaran's 'One Tata' approach.

Ratan Tata wants Tata Trusts to work with the group companies on social development goals for "one powerful
set of initiatives", breaking away from a four-year tradition under former chairman Cyrus Mistry where
companies charted their individual CSR roadmap — separate from that of Tata Trusts. Before Mistry, Ratan
Tata as the group chairman had tried to bring in a more unified approach.
"We are working out the details and nitty-gritties. We are discussing how much of TCS corporate social
responsibility spend will be given away to Tata Trusts' initiatives and for how long," said a person familiar
with the matter. "The rationale of this is to leverage us spend better and work on bigger projects with Tata
Trusts."

A TCS spokesperson declined to comment.

Ratan Tata-chaired Tata Trusts own two-thirds of Tata Sons, the holding company and promoter to all Tata
Group companies. It is a cluster of 14 charity organisations that use dividend income from Tata Sons to work
on social welfare projects in education, healthcare, livelihood and sanitation.

Tata Trusts disbursed Rs 808 crore in the FY16, according to its latest available annual report.

The government mandates companies to spend every year at least an average 2% of net profits of the three
preceding financial years on CSR activities. Contributions from Tata companies would provide a major boost
the Trusts' fund pool.
The top 16 Tata companies spent Rs 1,198 crore on CSR in the last two fiscal years, according to data from
Think through Consulting, a professional services firm that specialises in providing advisory support to social
development initiatives. TCS, the second-largest listed company in India based on market capitalisation, alone
spent Rs 380 crore on CSR projects last financial year.

"In the years I was chairman of the group, I tried to bring companies together to have a more unified approach
in this regard.

The last four years have seen the dismantling of that approach and a return to individual companies doing their
bit," Ratan Tata wrote in an in-house magazine recently. "Consequently, instead of one powerful set of
initiatives, we could end up having disparate projects run by various companies."

Mantra Followed by Ratan Tata:

1. Communicate with your employees

He began his schooling in Mumbai at the Campion School and finished his secondary education at the
Cathedral and John Connon School.

2. Take chances

He completed his B.S. in architecture with structural engineering from Cornell University in 1962, and the
Advanced Management Program from Harvard Business School in 1975.

3. Persevere

He began his career in the Tata group in 1961. He initially started on the shop floor of Tata Steel, shovelling
limestone and handling the blast furnace.

4. Build trust

In 1991, J. R. D. Tata stepped down as Chairman of Tata Sons, naming Ratan as his successor.

5. Be humble

Under his stewardship, Tata Tea acquired Tetley, Tata Motors acquired Jaguar Land Rover and Tata Steel
acquired Corus, which have turned Tata from a largely India-centric company into a global business, with
65% revenues coming from abroad.

6. Have heroes

He was instrumental in the development of Tata Nano, largely dubbed as the world’s cheapest passenger car.
7. Be yourself

He retired from all executive responsibility in the Tata group on 28 December 2012, his 75th birthday, and he
was succeeded by Cyrus Mistry.

8. Make a difference

He has retired but he is still seen working. Recently, he invested his personal savings in Snapdeal- one of
India’s leading e-commerce website.

9. Be motivated by competition

He is currently the chairman Emeritus of Tata Sons. He continues to serve as the chairman of the main two
Tata trusts which hold 66% of shares in the group holding company Tata Sons.

10. Do what can’t be done

He is on the jury panel of Pritzker Architecture Prize – considered to be one of the world’s premier architecture
prizes.

Thought provoking Quotes from Ratan Tata:

Do not complain:

“I am, tragically, a man who has frequently said: You put a weapon to my head and draw the trigger or take
the firearm away, I won’t move my head.”

On effective individuals:

“I respect individuals who are extremely fruitful. In any case, if that achievement has been accomplished
through an excessive amount of mercilessness, then I may appreciate that individual, yet I can’t regard him.”

On initiative:

“It is anything but difficult to end up a number one player, however it is hard to stay number one. Along these
lines, we will need to battle with a perspective to stay number one.”

Need to prepare to stun the world:

“We have been. . . thinking little. Furthermore, in the event that we check out us, nations like China have
developed such a great amount by preparing to stun the world. I would encourage that we all, in the coming
years, plan for an impressive future, consider doing things not in little additions, not in little deltas, but rather
apparently incomprehensible things. Be that as it may, nothing is unthinkable if you truly set out to do as such.
Furthermore, we act strongly. Since it is this reasoning huge and acting strongly that will move India up in a
way not the same as where it is today.”

On Risk:

“Risk is an essential piece of business logic. You can be hazard unwilling and go out on a limb, in which case
you will have a sure direction as far as your development. On the other hand, you can, while being reasonable,
take more danger with a specific end goal to become quicker.”

On danger:

“I view hazard as a capacity to be the place nobody has been some time recently. I view danger to be an issue
of preparing to stun the world, something we didn’t do beforehand. We did everything in little augmentations,
so we generally lingered behind. Be that as it may, the essential inquiry is: would we be able to wander putting
a man on the moon or hazard billions of rupees on a truly way-out, cutting edge venture in, say,
superconductors? Do you confine your danger to something near your heart?”

Conclusion:

Being a chairman in Tata group and an investor he made wonderful changes and a successful person. He
invested in various company which is also a growing organization. Even though he is very rich he wanted to
live a simple life. He owns many properties which are values of crores. The only a person needs are dream
and determination to achieve your goal.