There is no doubt that Ratan Tata leads a corporate house that has built a gold-plated reputation over the last 100 years

Let’s face it! There is no doubt that Ratan Tata leads a corporate house that has built a gold-plated reputation over the last 100 years. There is no doubt that companies like Tata Tea have shown amazing daring and gumption by acquiring global companies like Tetley of UK and Energy Brands of USA. There is no doubt that the Tata Steel bid to acquire the Anglo- Dutch steel company Corus has set the cat among the pigeons. There is no doubt that the Tata group reflects a lot of the new energy and enthusiasm displayed by a confi dent India Inc. as is evident from what S. K. Roongta, Chairman, SAIL asserted as, “It is good for the steel industry both in domestic as well as overseas markets.” Also added R. Seshassayee, President, CII, “We are delighted to hear about the deal. The internationalisation of the Indian corporate sector has reached a new high with this landmark deal.” And hailing the move by Tata Steel was Sunil Kant Munjal, former President, CII who asserted, “The Indian steel industry seems to have come of age and this is a pre-cursor of what we can expect over the next3-4 years...”

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative