Tata Motors Ltd is the best performer among the top 30
stocks of BSE in 2012 and it was all because of one man, Ratan Tata.He led the transformation of the Tata group from a
conventional corporate house into a $100 billion global conglomerate with
high-profile acquisitions abroad.
After a 50-year
career he retired as chairman of Tata Group.Today
was his 75
th birthday and he retired on that day.
Cyrus Mistry is the new Chairman of the group.He was chosen as
Ratan Tata’s successor last year.
Executive Chairman, L&T, AM Naik said that Ratan Tata
has taken the group to 'different heights altogether'. "The sales have
gone up almost 43 times during his tenure. The profit has gone up over 50
times. He has 28 odd listed entities all doing well and the Tata Group's logo
has improved its value considerably.
Tata was always a good brand but Mr. Tata has taken it to be
the No. 1 brand of India,he also added.
