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Ratan Tata, the former chairman emeritus of the Tata Group, passed away on Wednesday night at Breach Candy Hospital in Mumbai at the age of 86.
A key figure in Indian industry, Tata led the Tata Group to become a global powerhouse, making strides in sectors like steel, automobiles, hospitality, and information technology. His dedication to ethical business practices and social responsibility earned him admiration both in India and around the world.
Ratan Tata’s contributions to India’s economic landscape and his unwavering commitment to social causes have left a profound impact. His legacy as a compassionate leader and innovator will continue to inspire generations, making him an enduring icon in both the business world and society at large, said finance heads of India Inc. while paying tribute to his legacy.
CFOs from across India Inc. paid tribute to Tata’s lasting impact. Pankaj Vasani, Group CFO of Cube Highways Infrastructure Investment Trust (InvIT) said, “Ratan Tata will be remembered for his visionary, inspiring, and ethical leadership. His unmatched contributions to society and philanthropy will be cherished forever.” He emphasized how Tata’s legacy of innovation and compassion improved society and helped the nation.
Gurvinder Singh, CFO of Mitsubishi Electric India remarked, “Ratan Tata’s visionary leadership and ethical approach have made a lasting impression. His commitment to philanthropy and societal progress will always be remembered.” He noted Tata’s humility and dedication as qualities that set a standard for all leaders.
Nitin Khanna, CFO of Chalet Hotels added, “The nation mourns the loss of a legend, an ethical leader, and a philanthropic entrepreneur whose influence went beyond business. He guided an Indian group to global prominence. Rest in peace, Sir.”
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