Ratan Tata: An Environmentalist's Homage
Business Standard|October 14, 2024
Our first interaction with the late Ratan Tata was not pleasant. Delhi was choking with pollution, and our campaign on the right to clean air had been launched. Diesel was a fuel that was being indicted for emissions of tiny particulate matter PM2.5. This all was new in the mid-1990s, as science was discovering how fuel and vehicle quality, when improved, would lead to an unexpected outcome of smaller particulates, which could go deep into our lungs. So, my late colleague Anil Agarwal and I wrote about the dangers of diesel. And we promptly got a defamation notice of some consequent sum of money from Tata Motors. That was when Ratan Tata had just launched his car enterprise. It was riding on the change of fuel - diesel, which would give his company an edge over the petrol variants of Maruti Suzuki and others. We were not the kind to back down. Nor was he. It was a messy battle in the highest court of the country.
SUNITA NARAIN
Ratan Tata: An Environmentalist's Homage

Slowly, what went on was anger in this contest. As the matter proceeded, I realised that Ratan Tata was driven to the case genuinely believing that we were doing this on behalf of his competitors - petrol car guys. But once it was established that our campaign was based on the emerging science of PM2.5, and the health impact of diesel as an automotive fuel - the mood changed. This is not to say that Tata Motors backed down from its diesel car ambition. And it is not as if we gave up our fight against diesel vehicles. But it settled into what you can say were good old-fashioned democratic traditions of acceptance of contrary views. In fact, when Ratan Tata launched his pet project, the Nano cars, at the Delhi automobile exhibition, he called out my name, saying that he hoped this affordable vehicle would meet my approval. Amazing and humbling.

هذه القصة مأخوذة من طبعة October 14, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 14, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS STANDARD مشاهدة الكل
Ratan Tata: Picture perfect
Business Standard

Ratan Tata: Picture perfect

Politeness is to human nature What Warmth is to Wax.

time-read
4 mins  |
November 16, 2024
I chose DLF over Disneyland dream, says KP Singh
Business Standard

I chose DLF over Disneyland dream, says KP Singh

KP SPEAK: Gurugram remains a developing city; urban planning needs a long-term vision, the PM must set up a high-powered panel for it

time-read
3 mins  |
November 16, 2024
REDISCOVERY OF INDIA
Business Standard

REDISCOVERY OF INDIA

Indian collectors are reclaiming Colonial-era art created by foreigners as an intrinsic part ofthe country's history

time-read
3 mins  |
November 16, 2024
Business Standard

Go for fund with large AUM, high credit quality and low cost

Liquid funds have offered an average return of 7.28 per cent over the past year.

time-read
2 mins  |
November 16, 2024
Auto majors in slow lane on weak demand
Business Standard

Auto majors in slow lane on weak demand

TaMo, Maruti, SMIL stocks down up to 23% in 4 weeks; analysts say downside risk limited, an opportunity for long-term investors

time-read
2 mins  |
November 16, 2024
Volume growth for NMDC to remain robust in H2FY25
Business Standard

Volume growth for NMDC to remain robust in H2FY25

NMDC's revenue in Q2FY25 came in at ₹4,900 crore (a rise of 23 per cent year-on-year or Y-o-Y), while it was down 9 per cent quarter-on-quarter (Q-o-Q).

time-read
2 mins  |
November 16, 2024
Business Standard

CIEL HR to file draft papers for ₹450 cr IPO

CIEL HR Services (CIEL), which uses technology to provide human resources solutions, will soon file draft papers for an initial public offering (IPO) estimated to be around ₹450 crore in size, according to sources.

time-read
1 min  |
November 16, 2024
Angel funds see red in Sebi's new accredited investors-only proposal
Business Standard

Angel funds see red in Sebi's new accredited investors-only proposal

The Securities and Exchange Board of India's (Sebi's) proposal to allow only \"accredited investors\" to invest in angel funds has raised concerns in some quarters, even as most fund managers believe the overall ecosystem was set for a boost.

time-read
1 min  |
November 16, 2024
Business Standard

CLSA does U-turn on China, ups India exposure after Trump win

Says India seen as more attractive investment destination due to its strong economic growth and relatively low exposure to trade risks

time-read
2 mins  |
November 16, 2024
Unfazed by mkt fall, largecap, flexicap MF schemes shine in Oct
Business Standard

Unfazed by mkt fall, largecap, flexicap MF schemes shine in Oct

Both categories saw all-time-high inflows during the month

time-read
2 mins  |
November 16, 2024