Ratan Tata through the years

Ratan Tata surrounded by the media, leaves the venue after receiving the life time achievement award for management conferred by the All India Management Association (AIMA) during a ceremony in New Delhi. Reuters

Updated on: Aug 31, 2012 8:46 PM IST

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Ratan Tata surrounded by the media, leaves the venue after receiving the life time achievement award for management conferred by the All India Management Association (AIMA) during a ceremony in New Delhi. Reuters

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Ratan Tata speaks after receiving the Life Time Achievement Award. Agencies

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Ratan Tata and Cyrus Mistry attend the launch of a new website for tech superstore Croma, managed by Infiniti Retail, a part of the Tata Group, in Mumbai. Reuters Photo

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Ratan Tata stands in front of Taj Mahal hotel after the operation to dislodge militants in Mumbai. Reuters Photo

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Ratan Tata smiles during an industry conference in New Delhi. Reuters Photo

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Ratan Tata poses with the company's new Nano car during its launch at the 9th Auto Expo in New Delhi. Reuters Photo

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Tata Group chairman Ratan Tata flags off a Ferrari 612 Scaglietti on Magic India Discovery tour in Mumbai. Reuters Photo

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Ratan Tata speaks during the launch of the company's new version of passenger car Tata Indigo XL in Mumbai. Reuters Photo

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Prime Minister Manmohan Singh presents Ratan Tata with an honorary degree during a function in Mumbai. Reuters Photo

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Ratan Tata presents the company's new passenger car Tata Indigo during its launch in Bombay. Reuters Photo

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Ratan Tata sits inside the cockpit of a US aircraft during the 'Aero India 2007' air show at Yelahanka air force station, on the outskirts of Bangalore. Reuters Photo

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Top industrialist Ratan Tata receives the Padma Bhushan award, a civilian award, from President KR Narayanan in New Delhi. Reuters Photo

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Chairman of Tata Group, Ratan Tata with deputy chairman Cyrus P Mistry at the Annual General Meeting of Tata Global Beverages in Kolkata. PTI Photo