‘Big loss not just to Tata Group but to every Indian’: Reliance Chairman Mukesh Ambani’s heartfelt tribute to Ratan Tata

  • Ratan Tata Passes Away: Reliance Industries' Mukesh Ambani mourned Ratan Tata's death, saying it was a huge loss for every Indian.

Nikita Prasad
Updated10 Oct 2024, 07:24 AM IST
RIL has re-entered the telecom business, diversified in retail and new energy, and raised a record  <span class='webrupee'>₹</span>2.5 lakh crore selling minority interests during the Covid lockdown. A file photo of Mukesh Ambani,
RIL has re-entered the telecom business, diversified in retail and new energy, and raised a record ₹2.5 lakh crore selling minority interests during the Covid lockdown. A file photo of Mukesh Ambani,

Ratan Tata Passes Away: Billionaire Mukesh Ambani, chairman and managing director of Reliance Industries, mourned the loss of Ratan Tata, former head of India's biggest conglomerate Tata Group, on Wednesday, October 9, saying that ‘India has lost one of her most kind-hearted sons’.

Ambani took to microblogging platform ‘X’ (formerly Twitter), saying, “It is a very sad day for India and India Inc. Ratan Tata's passing away is a big loss, not just to the Tata Group but to every Indian.”

Follow Live Updates: Ratan Tata News Live Updates: National icon to get state funeral; ‘mortal remains to be kept at NCPA for darshan’

Ambani added that, at a personal level, Ratan Tata's passing has filled him with immense grief, as he lost a dear friend. “Each of my numerous interactions with him left me inspired and energised and enhanced my respect for the nobility of his character and the fine human values he embodied,” he said.

"Ratan Tata was a visionary industrialist and a philanthropist who always strove for society's greater good. With the demise of Mr Ratan Tata, India has lost one of her most illustrious and kind-hearted sons. Mr Tata took India to the world and brought the best of the world to Bharat. He institutionalised the House of Tata and made it an international enterprise growing the Tata group over 70 times since the time he took over as Chairman in 1991," said Ambani.

Also Read: Ratan Tata passes away at 86: Top business tycoon to philanthropist icon—a look at his life and legacy

"On behalf of Reliance, Nita and the Ambani family, I send my heartfelt condolences to the bereaved members of the Tata family and the entire Tata Group.

Ratan, you will always remain in my heart.

Om Shanti.

Mukesh Ambani," wrote the Reliance chief in his post on ‘X.
 

Members of India Inc., including top businessmen Anand Mahindra, Harsh Goenka, Gautam Adani, Sunder Pichai, and other celebrities, mourned the Titan's death. Prime Minister Narendra Modi also took to ‘X’ and cherished his fond memories with the Tata Group's patriarch.

PM Modi said, “Shri Ratan Tata Ji was a visionary business leader, a compassionate soul and an extraordinary human being. He provided stable leadership to one of India’s oldest and most prestigious business houses. At the same time, his contribution went far beyond the boardroom. He endeared himself to several people thanks to his humility, kindness and an unwavering commitment to improving our society.”

Also Read: Anand Mahindra ‘unable’ to accept Ratan Tata’s demise: ‘Legends never die! Godspeed Mr T…’

Ratan Tata breathed his last on Wednesday after being in critical condition at the intensive care unit at Mumbai's Breach Candy Hospital. He was 86 years old. Earlier this week, the business tycoon said he was undergoing routine medical investigations due to age and related medical conditions.

As chairman for over two decades, beginning in 1991, Tata rapidly expanded the 156-year-old business house. It now has operations in more than 100 countries and clocked $165 billion in revenue for the year ended March 2024. During the 21 years Ratan Tata led the Tata Group, revenues grew over 40 times, and profits over 50 times.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:10 Oct 2024, 07:24 AM IST
Business NewsNewsIndia‘Big loss not just to Tata Group but to every Indian’: Reliance Chairman Mukesh Ambani’s heartfelt tribute to Ratan Tata

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Steel share price

    151.90
    02:52 PM | 5 NOV 2024
    4.95 (3.37%)

    Bharat Electronics share price

    285.40
    02:52 PM | 5 NOV 2024
    1.35 (0.48%)

    Bank Of Baroda share price

    257.75
    02:52 PM | 5 NOV 2024
    5 (1.98%)

    State Bank Of India share price

    846.40
    02:52 PM | 5 NOV 2024
    16.55 (1.99%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Deepak Fertilisers & Petrochemicals Corporation share price

    1,322.95
    02:41 PM | 5 NOV 2024
    46.25 (3.62%)

    National Aluminium Company share price

    234.75
    02:41 PM | 5 NOV 2024
    3.95 (1.71%)

    Suven Pharmaceuticals share price

    1,334.00
    02:41 PM | 5 NOV 2024
    14.35 (1.09%)
    More from 52 Week High

    PB Fintech share price

    1,628.10
    02:41 PM | 5 NOV 2024
    -84.65 (-4.94%)

    Rainbow Childrens Medicare share price

    1,557.10
    02:41 PM | 5 NOV 2024
    -73.6 (-4.51%)

    Torrent Power share price

    1,720.75
    02:41 PM | 5 NOV 2024
    -76 (-4.23%)

    Amara Raja Energy & Mobility share price

    1,319.30
    02:41 PM | 5 NOV 2024
    -54.6 (-3.97%)
    More from Top Losers

    HFCL share price

    126.80
    02:41 PM | 5 NOV 2024
    7.45 (6.24%)

    Oil India share price

    496.00
    02:41 PM | 5 NOV 2024
    23.55 (4.98%)

    Mazagon Dock Shipbuilders share price

    4,216.90
    02:41 PM | 5 NOV 2024
    189.95 (4.72%)

    Himadri Speciality Chemical share price

    586.50
    02:41 PM | 5 NOV 2024
    26.2 (4.68%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      80,255.00-160.00
      Chennai
      80,261.00-160.00
      Delhi
      80,413.00-160.00
      Kolkata
      80,265.00-160.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.80/L-0.23
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts