Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
"I am very satisfied and excited about this launch today and the Nano is not for my ego trip... certainly, not an ego trip at all," Ratan Tata said. The price of Rs 1 lakh was announced six years ago when the plan for the Nano was unveiled at an European motor show, he said. He added the fact that the company has kept its promise goes to show that it was not a "gimmick."
Indian Hotels' ambitious bid to acquire Orient-Express Hotels (OEH) has disappointed the Street. However, this might be a knee-jerk reaction.
'Cyrus was also generous, hospitable, sharing of whatever he had.' 'He never ever acted like the inheritor of great wealth.'
In the domestic market, the Tata Group has lost ground in the passenger car business.
The Taj Mahal Hotel, which completed 100 years of existence on Tuesday, will continue as the symbol of India's hospitality and warmth, Tata Group Chairman Ratan Tata said in Mumbai.
A year after the 13/7 blasts, rediff.com correspondents fanned out across Mumbai to trace the forgotten victims. In the ensuing conversations, a mention of the financial assistance given by the Tata group emerged as common thread. A Ganesh Nadar, who then set out to find out about Tata's involvement with the terror victims, came back amazed and inspired. Here's his report.
The award was given to Oberoi for his 'daring to be different', Mahindra said at the ceremony on Friday, adding the 79-year-old had built a culture where nothing short of perfection was tolerated. Accepting the award, Oberoi said, "Our biggest asset is our people. The award is a recognition that we have the best employees in the hospitality industry."
"Mahajan is tolerating the reduction in medication for maintaining blood pressure," Anupam Verma, director (administration), Hinduja hospital, told reporters in the health bulletin at 7:30 pm.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
The rooms are still being opened, one by one, and unless there is evidence to the contrary Sabina's family and friends are waiting, hoping for a miracle.
A day after terrorists besieged Mumbai on November 26, 2008, Rakesh Chawan had reported to work as private security guard of MPI at his posting at the Taj Mahal Hotel, one of the sites of the horrific attacks. Little did he know that a few hours later he would come face-to-face with one of the terrorists holed up inside the hotel.
A day after terrorists besieged Mumbai on November 26, 2008, Rakesh Chawan had reported to work as private security guard of MPI at his posting at the Taj Mahal Hotel, one of the sites of the horrific attacks. Little did he know that a few hours later he would come face-to-face with one of the terrorists holed up inside the hotel.
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.
When Indian Hotels Chairman Ratan Tata told shareholders at the annual general meeting earlier this week that the hotel chain, which operates the Taj group, continues to be impacted by the slowdown, he was merely echoing what P R S Oberoi, his counterpart at the East India Hotels (EIH), had said recently.
"The gunshots were getting louder and louder and the floor and ceiling were actually shaking from the blasts. I knew if we stayed put that, eventually, they'd find us. As an entrepreneur, you learn to think that nothing is impossible. The word 'No' doesn't register. So I asked myself, 'How do we do this?' and 'What would Richard Branson do?'" says British businessman Deepak Kuntawala.
'If the RSS should be saluted for choosing such a scholarly statesman to address its highly trained cadre, one must also praise Pranab Da's sagacity for having gracefully accepting the invitation, thus disapproving any ideological apartheid,' says former BJP MP Tarun Vijay.
Hers is a rags-to-riches story for the ages, peppered with risks, determination and strokes of luck.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
Finance Minister P Chidambaram, while addressing the Carnegie Endowment for International Peace on "Recapturing India's Growth Momentum" in Washington on Thursday, said that the leading think tank need not launch an initiative to explore how India will vote in 2014, declaring that the Indian polity will vote the Congress back into power.
The Indian Hotels Company has got four brands to cater to different markets.
More unanswered questions about the terrorist attacks in Mumbai that need to be answered.
More unanswered questions about the terrorist attacks in Mumbai that need to be answered.
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