Word: ratan
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...More than 30 years later, I recently listened to Ratan Tata, chairman of Tata Sons, the holding company for the sprawling Indian conglomerate Tata Group, describe a family just like mine as the inspiration for the Nano, the ultra-cheap "people's car" that the Tata Group company Tata Motors launched on March 23. "What sparked it off was riding in a car and looking at them and saying, Surely there's a safer way that these people can be transported," he recalls. (See the 12 most important cars of all time...
...production at its central plant to 500,000 cars every year. Beyond that, it will use satellite plants to build the car's components and distribute these in Nano "kits" to independent entrepreneurs - trained and monitored by Tata Motors - for final assembly and distribution. "They will become our dealers," Ratan Tata explains. He hopes the Nano will push the auto industry toward fully outsourced manufacturing, leaving car companies to focus on design and marketing - a structure similar to that used in the highly competitive computer industry, where companies such as Apple create products but subcontract the actual manufacturing to specialists...
...shot and killed guests indiscriminately and held hundreds hostage for nearly 60 hours. This has proved a deadly blow to an industry already wounded by the worldwide economic downturn. Big hotels across the country have had to invest in beefed-up security, including metal detectors and baggage scanners, and Ratan Tata, chairperson of Tata Sons which owns the Taj group of hotels, has announced that the group will undertake its own anti-terror and security arrangements. But, as P.R.S. Oberoi, chairperson of The Oberoi Group, pointed out at a press conference in Mumbai days after the terrorists' siege was over...
...erase the pervasive culture of corruption in public service. There are no guarantees of the real change Mumbai is clamoring for, but, says Guha, "it's more likely now than at any time in the past." And it has already begun. It's there in the frankness of tycoon Ratan Tata's comments about his beloved Taj, acknowledging the "woefully poor" response of the police, and the three hours that passed before the fire engines arrived. It's there in the families of the dead police officers who rebuffed the grandstanding condolences of politicians. And it was there...
...adequately compensated for their land and allege that in some cases, the sales were forced. They and their political supporters are demanding 400 acres back. The issue has been smoldering for almost two years, but the protests reached an intense pitch last month, until finally on Sept. 2, Chairman Ratan Tata decided that he could not keep running a factory under police protection. He announced that production at Singur would halt indefinitely, and the company would look for a new site in another state...