NEW DELHI - The 156-year-old Tata Group makes tea, soap and cars, operates luxury hotels, offers topof-the-line software services and brought Starbucks to India.
The death at the age of 86 of Mr Ratan Tata, who fuelled the group's expansion and remained its face as chairman emeritus, was a moment of national grief and reflection.
Mr Tata, who was the former chairman of the Tata Group, died in Mumbai on Oct 9. He had been admitted to hospital due to age-related issues on Oct 7.
Hundreds of people, from common folk to political and business leaders, along with Bollywood actors, gathered to pay their last respects to Mr Tata, whose last rites were carried out with full state honours in Mumbai on Oct 10.
The soft-spoken bachelor, who comes from the Parsi community, was widely admired for his humility and grace, and his death is seen as the end of an era of corporate leadership.
"He was the last of a generation of aristocratic businessmen who believed in the importance of ethically carried out business. This is a legacy he inherited from his forefathers," Ms Coomi Kapoor, contributing editor of The Indian Express newspaper, told The Straits Times.
"He was a role model for many, and not just business people. Even if people occasionally cast stones at him, his reputation was strong enough to contain that." He took over as Tata Group chairman from his uncle J.R.D. Tata, another icon of Indian business, in 1991, just as India was liberalising and opening up its economy.
He never married and had no children.
Bu hikaye The Straits Times dergisinin October 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Straits Times dergisinin October 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
BLACK DAY FOR BRITISH PUBS
At her London pub, landlady Kate Davidson has taken to issuing Guinness ration cards, but the beer still ran out amid a British shortage of Ireland's national drink.
Her Last Gifts
It was exhausting, he sighed. But Carol insisted; her name being what it was and his, she said with a big grin, being Chris. Remember, this is the blessed spirit of the season, to give as we have been given.
When You Think About Me
She empties the last drawer and, between stray baubles, there's the cookie tin, the one hunted down from some narrow shop in Liverpool because it didn't ship here.
Gift Of The Magi
Let's say you never intended to use Magi. Let's say you know about all the scandals: the accusations of stolen data, the EU lawsuits, the CEO's abhorrent behaviour. Let's say you don't even believe the outlandish social media claims that the app is magical, like actual magic. You know it's not possible it reads your mind, plumbs your soul, knows your heart's desires. You're not so gullible.
Ho Ren Yung: Steering global brand evolution of Banyan Group
Ms Ho Ren Yung, deputy chief executive of Banyan Group, oversaw the company's brand relaunch in a bumper year of 19 openings in 2024. These included Banyan Tree Higashiyama Kyoto in Japan and Angsana Tengchong in China.
Jury-rigged Hotpot
The Japan Home folding table was just big enough to accommodate two.
Tales of love, peace and hope
The Sunday Times invites five authors to pen short stories around the theme of A Christmas Gift
Japan: Taking centre stage in Singapore and beyond
Scroll through your social media feed this holiday season, and practically everyone you know is in Japan or making plans to vacation there.
UOB: Most influential patron in Singapore art scene
UOB's \"day job\" is handling loans, deposits and a wealth of diverse portfolios. But the bank cemented its role as the most influential patron in the Singapore art scene in 2024, investing good chunks of cash in both arts and arts education.
Fong Chi Chung: Putien restaurants make dining out more affordable
In a year where diners made themselves scarce - preferring to spend their strong Singapore dollars overseas, and leading restaurant owners and chefs to despair over empty dining rooms - this power lister made a power move that others in the industry are watching closely.