RATAN TATA - INDIAN'S RICHEST INDUSTRIALIST (BILLIONAIRE)

The Tatas are a wealthy Parsi family in India. The Tata Group, founded by Jamsetji Tata, is one of the largest private employers in India.

Nusserwanji R. Tata & Jeevanbai Tata were Husband and wife.  And they had five children :-

01) Jamsetji Nusserwanji Tata: Wife: Hirabai Daboo –> The Founder of Tata Group & Chairman of the Group since (1868 to 1904)

02) Ratanbai Tata; Husband: Edulji Bamji

03) Maneckbai Tata; Husband: Kharsedji Tata

04) Virbaiji Tata; Husband: Bapuji Saklatwala

05) Jerbai Tata; Husband: Dorabji Saklatwala

Out of these five siblings, Jamsetji Tata founded Tata Group in the year 1851.

Jamsetji Tata had 3 Children :-

01) Sir Dorabji Tata: Wife: Meherbai Bhabha –> Chairman of the Tata Group Since (1904 to 1932)

02) Dhunbai Tata

03) Sir Ratan Tata: Wife: Navajbai Sett

Virbaiji Tata had two Children :-

01) Kaekobad Saklatwala; Wife: Sehra Bardi

02) Sir Nowroji Saklatwala –> Chairman of the Tata Group Since (1932 to 1938) 

DadaBhoy Tata, the father of Jamsetji Tata had one son :-

01) R. D. Tata (Ratanji Dadabhoy Tata)

R.D. Tata had five Children :-

01) Sylla Tata (Lady Dinshaw Petit); Husband: Sir Dinshaw Petit

02) J.R.D. Tata; Wife: Thelma Vicaji –> Chairman of Tata Group Since (1938-1991)

03) Rodabeh Tata

04) Darab Tata

05) Jimmy Tata

Now, Cooverbai Daboo was the sister of Hirabai Daboo, The wife of Jamsetji Tata. She had one Daughter :-

01) Ratanbai Daboo - wife of Hormusji Tata

Sir Ratan Tata adopted the son of Ratanbai Daboo name

01) Naval H. Tata 

Naval Tata married to Soonoo Commisariat and had 2 Children :-

01) Ratan N. Tata –> The Chairman of Tata Group (1991 to dec 2012)

Ratan Tata became the Chairman of the Tata Group in 1981 after serving as Chairman in charge of the Nelco division of the group. Tata is India's largest conglomerate and includes the brands Tata Motors, Tata Steel, Tata Power, Indian Hotels, as well as other brands labeled under the Tata name. Ratan Tata was born on December 28, 1937 in Mumbai, India in one of the richest families in the country. His great grandfather, Jamsedji Tata, was the founder of the Tata group and passed the power and inheritance down to his family. Ratan Tata grew up in a broken household, however, after his parents split in the mid-1940s and he and his brother were raised by their grandmother, Lady Navajbai. He is parsi... Tata was a good student and studied hard at the Campion School in Mumbai followed by studies in architecture and structural engineering at Cornell University. He graduated with his bachelors degree in 1962 and joined the Tata Group in December of that same year. Tata's first job with the Group involved working with the Tata Steel division where he worked with the blue-collar employees shoveling stone and working with the furnaces. Although this original job was physically difficult, it helped Ratan Tata gain a better understanding and appreciation for the business and he gradually began taking on more responsibility. In 1971, Tata became Director-in-Charge of the National Radio & Electronics Company Limited (Nelco) in order to help its struggling finances. Ratan Tata helped build a better consumer electronics division but the economic recession and union strikes prevented his vision from taking hold. Tata was eventually moved to Empress Mills in 1977, a struggling textile mill within the Tata Group. Ratan Tata renewed the vision for the mill but the larger Tata Group was not in agreement with his advice. Instead, the mill was shut down and liquidated in 1986, to Tata's disappointment, and he was moved to the Tata Industries, another holding company. With Tata Industries, Ratan Tata was able to transform the management and vision of the division and bring in significantly larger dividends. This renewed financial success helped bring the Tata Group to the New York Stock Exchange and gave the company even more international power and prestige. Ratan Tata continued to acquire different industries for the Tata Group, eventually purchasing the steel an aluminum producer, Corus Group as well as Jaguar and Land Rover brands from the Ford Company. Ratan Tata lives a very private life in Mumbai, India as he never married. he has his retirement next year i.e dec,2012. 1937 Born in Mumbai on Dec 28. 1962 Completes BSc in architecture from Cornell University. 1962 Joins Tata Group. 1971 Appointed Director of The National Radio & Electronics (Nelco). 1974 Becomes a Director in Tata Sons. 1975 Completes management programme from Harvard Business School. 1977 Given charge of Empress Mills. 1981 Named Chairman of Tata Industries. 1984 Sale of Tomco 1991 Takes over as group chairman from JRD Tata.

The Tata Group has been at this inflection point twice earlier, and stepped back both times. 

Nearly 20 years later, Ratan Tata has achieved almost everything on his 1991 agenda. At Rs 3.46 lakh crore (Rs 3.46 trillion), Tata Group revenue is 40 times the 1991 level, while net profit has gone up four times.

02) Jimmy Tata

Naval Tata also married to Simone Dunoyer after his divorce and had a son :-

01) Noel Tata - The Half Brother (or) step brother of Ratan Tata. He married to Aloo Mistry, The daughter of Pallonji Shapporji Mistry, the Forbes Billionaire and 18.5% Stake holder in Tata Sons, the key holding Company of Tata Group.

Cyrus pallonji mistry -> Newly appointed Tata Sons deputy chairman

The board of directors of Tata Sons at its meeting today appointed Cyrus P Mistry as Deputy Chairman. He will work with Ratan N Tata over the next year and take over from him when Mr. Ratan Tata retires in December 2012.

Cyrus Pallonji Mistry (born July 4, 1968) is the younger son of Irish businessman, Pallonji Mistry. He is parsi. He has been appointed deputy chairman and chairman-designate of Tata Sons. Mistry will work with Ratan Tata for one year and take over in December 2012. Mistry graduated from the Imperial College, London with a BE in civil engineering and holds a master of science in management from the London Business School. He is a fellow of the Institution of Civil Engineers. Apart from the Tata Group, he also serves as a director on the board of several other companies, including Shapoorji Pallonji & Co, Forbes Gokak, Afcons Infrastructure and United Motors (India).

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