Ratan Tata is the chairman of Tata Sons, the holding company of the Tata Group, India's largest and most successful business conglomerate. Under Tata's leadership, total revenues of the Tata Group have increased more than sixfold, to over $22 billion this year(2006).
The Tata Group now has over 90 operating companies, employing about 220,000 people in seven business sectors. It operates in more than 40 countries and exports to 140. Some of its biggest holdings are Tata Steel, Taj Hotels Resorts and Palaces, India's pre-eminent hotel chain, and Tata Motors, an automobile manufacturer whose products include the first car designed in India. The family business began as a textile mill, launched under British colonial rule in 1860 by Tata's great-grandfather. Tata joined the Tata steel division in 1962 and became chairman of the conglomerate in 1991.
Tata earned a bachelor of architecture degree at Cornell University in 1962 and completed the Advanced Management Program at Harvard Business School in 1974-75.
I don't know how it came to be, but it started with the founder who decided that he would make his employees shareholders in some cases. This is in the 1800's. That he would treat them like colleagues and that he would look after the interest of the employee and their families. So things like matern...(Full transcript available to logged in subscribers.).
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