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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Eulogies have glorified Tata’s humility and his philanthropy, balanced out by critics who focus on his bad history of acquisitions. The legacy is more nuanced and fits the times he lived and led in.
How do you judge the legacy of someone like Ratan Tata, chairman emeritus of the $165 billion Tata Group, and one of India’s most respected industrialists, who passed away at 86 on Wednesday?
We are, after all, talking about someone who took on some of the biggest risks in India’s corporate history, fought battles against politically well-connected competitors and antagonistic governments, and navigated India’s largest conglomerate through the tumultuous post-liberalization period.
Legacies are best judged when the dust of their absence has settled and the future generations are able to grow on the foundations that have been laid. In that …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Government subsidies have drawn companies into basic chip packaging, where China and Malaysia already hold an edge. Moving up the value chain may prove to be a stiff task.
The two new chief executives at Air India and IndiGo come with contrasting reputations but face the same challenge—do their predecessors one better.
