The Shah of the corporate universe

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The Shah of the corporate universe

Sunday, 12 January 2025 | ANOOP BOSE

The Shah of the corporate universe

Ratan Naval Tata redefined corporate leadership with vision, ethics, innovation and unparalleled philanthropy, writes ANOOP BOSE

“What I would like to do is to leave behind a sustainable entity of a set of companies that operate in an exemplary manner in terms of ethics, values and continue what our ancestors left behind.”

— Ratan Naval Tata

Pericles, the monumental Greek politician and statesman during the Golden Age of Athens in his historic Funeral Oration delivered in 431 BC (that is said to have influenced President Abraham Lincoln’s famous Gettysburg Address on 19th November, 1863!), said, “To famous men all the earth is a sepulchre: and their virtues shall be testified not only by inscription on stone at home but in all lands wheresoever in the unwritten record of the mind, which far beyond any monument will remain with all men everlastingly.”

On 9th October, 2024, at exactly 11.30 pm IST, the towering 5 feet 10 inches tall Surat born Parsee industrialist-philanthropist Padma Vibhushan Ratan (meaning “precious jewel”) Naval Tata, the Chairman Emeritus and the patriarch of the House of Tata, the largest business conglomerate in India (having a staggering annual revenue of over 165 billion US Dollars and encompassing a grand well knit family of over 1 million happy, well cared for and dedicated members worldwide!), breathed his last at the iconic Beach Candy Hospital nestled atop the Arabian Sea facing Cumballa Hill at the age of 86. He had been hospitalised on 7th October, 2024 owing to a critical combination of senescence and hypotension. Ratan held a meger 0.83 % cent stake in Tata Sons and had a net worth of Rs 7,900 crores, according to the Hurun India Rich List 2024. A large part of his wealth-nearly 75 per cent-was tied to his shares in Tata Sons. For Ratan, accolades poured in a torrential stream from across the country and from all corners of the world. In an impassioned eulogy that reflected the melancholy mood of a shattered nation, our Prime Minister Narendra Damodardas Modi tweeted on X - “Shri Ratan Tata was a visionary business leader, a compassionate soul, and an extraordinary human being.” On 13th October, 2024, the Israeli Prime Minister Benjamin “Bibi” Netanyahu in a post on X addressed to his friend Modi, condoled Ratan’s death and highlighted his stellar contributions in fostering Israel-India ties, “I and many in Israel mourn the loss of Ratan Naval Tata, a proud son of India and a champion of the friendship between our two countries.” In a post on LinkedIn on 14th October, 2024, Padma Bhushan Natarajan Chandrasekaran, (popularly known as “Chandra”), the most worthy successor of Ratan (he effortlessly stepped into Ratan’s distinguished shoes and proudly donned his enviable mantle on 12th January, 2017!) and my personal friend for over 15 years since my heady days as a long term Advisor to Tata Consultancy Services Ltd. (“TCS”), the flagship of the prodigious Tata fleet, paid an effusive heartfelt homage to his former boss and mentor, “Anybody who met Mr. Tata came away with a story about his humanity, warmth, and dreams for India. There really was no one like him.”

Joseph Bitner Wirthlin, the renowned American businessman and religious leader rightly observed, “Some memories are unforgettable, remaining ever vivid and heartwarming!” In a moment of helpless nostalgia, my mind goes back irresistibly to the rather sultry summer day in the year 1986 when I fortuitously met Ratan (he was then the Chairman of Tata Industries and had in that capacity drafted the Tata Strategic Plan) for the very first time within the majestic confines of the Taj Palace Hotel, the only “palace” hotel in the national capital since 1983. Thereafter, I often used to stay at the Taj Mahal Hotel (the second hotel built by the Indian Hotel Company Ltd. (“IHCL”) belonging to the Tata group after the iconic Taj Mahal Palace Hotel (“Taj Mahal Palace”) in Colaba, Mumbai, in 1903 and popularly known as the Taj Mansingh Hotel because of its strategic location at 1, Mansingh Road), the 5 star-deluxe hotel of 1978 vintage, characterised as the “Epicentre of Delhi”.

I used to meet Ratan sporadically in the hotel lobby mostly in the company of its various General Managers and close personal friends belonging to the golden days of the hotel viz. Ravi Dubey, Ronnie Lobo (both Ravi and Ronnie are sadly no more in this world!), and Patu Keshwani or even otherwise. Ratan used to be invariably accompanied by his old faithful, close confidante, trouble shooter and quintessential out and out Taj-Man Devendra Kumar Beri (“DK” to his friends!). Ratan used to mostly stay at a spartan guest house in the Tata Apartments at 23, Prithviraj Road, New Delhi.

In those heady days, Uncle PV, who used to live at 9, Motilal Nehru Marg, often dropped by at the famed coffee shop Machan to drink endless cups of freshly brewed sugar free piping hot filter coffee over steamed idlis and vadas soaked in mild sambar. Ratan never missed the opportunity to wish him if he happened to be around in the hotel. He was an indefatigable admirer of Uncle PV! After Uncle PV became the Prime Minister on 21st June, 1991 consequent upon Rajiv Bhai’s tragic assassination on 21st May, 1991, and before he moved into Prime Minister House at 7, Race Course Road (renamed Lok Kalyan Marg), a special Suite was booked in the hotel for his family members through the good offices of Ratan, which was guarded round the clock by the Special Protection Group (“SPG”). Ratan personally saw to it that members of Uncle PV’s family were well cared for in the hotel. I had the glorious good fortune of staying with Uncle PV at his residence even prior to his becoming the President of the Indian National Congress and was, naturally, a regular visitor to Suite where I used to meet and interact with Uncle PV’s two sons Rajeshwar and Prabhakar under the watchful eyes of the SPG personnel. One of my close friends Prashant Tewari, who used to work very closely with Uncle PV and Hansraj Bhardwaj, (the versatile lawyer and later rose to become India’s most famous law minister), both were closely known to Uncle PV’s family, used to co-ordinate crucial governance and political issues during the period of most dramatic transformation of the country.

Again, I used to have the opportunity to meet Ratan in the hotel! Ratan used to take a very special interest in the JRD Tata Memorial Lectures. On 19th September, 2008, Somnath Chatterjee, eminent Barrister and the then Speaker of the Lok Sabha and a close personal friend, delivered the 11th JRD Memorial Lecture on “Economic Development and Political Consensus Building” at the Mansingh Hall in the Taj Mansingh. I was a special invitee to the event. After Somnath’s lecture, I met Ratan and Somnath at the adjacent Aftab Mahtab, the regal wood and marble panelled venue, over dinner. My old friend Dr.Jamshed Jiji Irani (popularly known as “Doc I”), the honorific Managing Director of Tata Steel, was also there at Ratan’s table. The tall and handsome Sanjay “Pole” Singh, Principal Resident Executive and Adviser, Tata Sons, came over to the table unobtrusively and recounted how I had saved Doc I’s life by forewarning the Tata Management that some evil people had plotted to attack Doc I with crude bombs in the heart of Jamshedpur with a sinister motive. My last Taj Mansingh encounter with Ratan was just before the outbreak of the Covid epidemic in 2020. I was standing outside one of the hotel lifts when suddenly as if by magic Ratan emerged from the lift along with his old Harvard educated friend Prince Shah Karim al-Husseini, Aga Khan IV (known by his religious title “Maulana Hazar Imam”), the founder and chairman of the Aga Khan Development Network, and DK of course. I wished him and walked with him to his waiting car. He bid me goodbye with a wave of his hand before getting into his car!

As a Special advisor to the Marathon group of companies, I used to travel every year to Bengaluru to participate in Aero India, the biennial air show and aviation exhibition held by the Ministry of Defence at the Yelahanka Air Force Station, Bengaluru, along with my illustrious Israeli friend Hezi Bezalel, the Chairman of the group, and other top Israeli officials. The 2007 Aero India was a very special event for me as Ratan, who was 69 years old at that time, valiantly reached out for the skies in a spellbinding saga of high adventure on 8th February, 2007. Clad in a G-Suit, he co-piloted a Lockheed Martin F-16 Falcon multi-role fighter jet in a historic 35 minute sortie. Ratan held licences to fly both jets and helicopters! Upon landing after what Ratan described as an “exhilarating” flight, I heartily congratulated Ratan shortly after he was greeted by my old friend William “Bill” Sebastian Cohen, former US Defense Secretary, Royce Keplinger and other senior Lockheed Martin officials. On 9th February, 2007, a G-Suited Ratan once again took to the skies co-piloting a Boeing F/A-18 Super Hornet fighter jet. I met Ratan shortly after his second flight in the Boeing Pavilion to felicitate him with a small bouquet of pink roses in the august presence of my close friends Thomas “Tom” Reeve Pickering, the former US Ambassador to India and the former Under Secretary of State for Political Affairs in the Clinton Administration, Dinesh Keskar, the senior Vice President, Sales in Asia-Pacific and India, Anil Srikhande, India President, and other top officials of Boeing Company. During that visit, I also had the golden opportunity of watching a scintillating aerobatic display by the Hindustan Aeronautical Industries Ltd. manufactured fly-by-wire Light Combat Multi-Role Tejas Aircraft in the distinguished company of Ratan, Arackaparambil Kurien Antony, Union Defence Minister, Indru and Bookanakere Siddalingappa Yediyurappa, Chief Minister, Karnataka, amongst other important dignitaries. Ratan noticed to his enormous delight that I was smartly attired in a royal blue English blazer, grey English flannel trousers, a hand crafted boater hat from the reputed hatters K.R.Snoxell & Sons, Luton, and dazzling gold rimmed Zeiss sun glasses!

On 26th November, 2008, “a date which will live in infamy”, Mumbai, the financial capital of India, witnessed a brutal, dastardly terrorist attack orchestrated by the Pakistani sponsored group Lashkar-e-Taiba, when the Indian Home Secretary Madukar Gupta, by an ominous co-incidence, was enjoying Pakistan’s hospitality in Murree, a mountain resort city close to Islamabad. Ten highy trained and heavily armed terrorists infiltrated the city, having stealthily landed in inflatable speed boats at Macchimar Nagar, in Mumbai’s Cuffe Parade neighbourhood, and heinously targeted several meticulously planned locations, including the Taj Mahal Palace. The Indian Government’s response to the attack was “pusillanimous”, as aptly observed by the Hindustan Times on 26th November, 2023! The attack claimed 166 lives, including 33 at the Taj Mahal Palace, and did not spare even the General Manager of the hotel Karambir Singh Kang’s wife Niti and his two young teenage sons Uday and Samar. Gautam Shantilal Adani, the Indian billionaire businessman (who has recently been in the eye of a storm!), by a superb stroke of luck managed to save himself by hiding in the kitchen of the hotel! Defying all odds, it was Ratan who in a truly Churchillian manner valiantly rose to the occasion and provided the much needed leadership to an embattled nation facing an “ordeal of the most grievous kind”! In the face of the attack watched by a shell-shocked nation, Ratan, who was then 70, displayed superhuman courage, resolve and determination. He strode like a colossus and stood like a Rock of Gibraltar at the Colaba end of the Taj Mahal Palace for 3 days, as security forces fiercely battled the terrorists in the Taj Mahal Palace. Everyone became just those inches taller, every back just that much broader, as Ratan’s own was. This was undoubtedly Ratan’s finest hour when he embodied the will, spirit and grit of our people..indomitable, undaunted, relentless!

Ratan was imbued with the extraordinary, nay God given, ability and gift to pick out and support the ideal leader both for the House of Tata as well as the nation…he was the Kingmaker extraordinaire! Ratan backed Modi to the hilt before the General Elections in 2014 and on 19th May, 2014 tweeted on X, “Mr. Modi’s landslide victory echoes the people’s mandate for strong leadership and clear policies for growth and prosperity for India.” On 19th December, 2020 at the ASSOCHAM Foundation Week, Ratan ecstatically heaped praise on Modi for his leadership during the time of the COVID-19 pandemic, “I think if we all stand together and follow what you have said, what you have done and what you have shown, we will have a situation where the world will look at us and say this Prime Minister said it could happen and he made it happen.”

In January, 2017, Chandra’s “mentor, guide and friend” Ratan cherry-picked Chandra to lead Tata Sons as its Chairman, the first non-Tata family member to hold the coveted post! On his appointment as the Chairman of Tata Sons, Chandra said, “I am humbled and honoured to be chosen to lead a truly great institution that occupies a unique position in hearts of the people in India and the world. I am proud to have been part of the Tata family for over 30 years and assuming this position is a great privilege.

I want to thank the Tata Sons board and Mr Ratan N Tata for their confidence in me to lead this trusted institution that has a rich heritage.” Addressing the annual gala annual event at the National Centre of Performing Arts on the birth anniversary of JRD Tata on 30th July, 2018, Ratan expressed gratification with regard to the direction in which group companies were headed under the leadership of Chandra and said that he was confident that “Tata Group is in safe hands.” Yes, only a true leader can identify other true leaders! Both Modi and Chandra have proved to be phenomenal leaders of the 21st Century and have earned international acclaim, respect, adoration and admiration.

I have a myriad of friends who knew Ratan intimately and worked with him closely. I am highly emboldened to single out only 5 names viz. Pole, Tanmoy, Raian, Suprakash and Zubin Mehta, the Managing Director of Uniforms Unlimited, Mumbai, who holds a Masters Certification from the internationally reputed Savile Row Academy, London. All of them are unquestionably ad idem about Ratan : “He was a genuinely good, dedicated and large hearted soul filled with the milk of human kindness and our age is hardly fit to understand him.”

We should remember the stellar quality of Ratan’s character as well as the remarkable range of his achievements. In his love of adventure and his imaginative powers, he was far removed from the modern industrialist-philanthropist. Yet everyone who came in contact with him paid tribute to the unimaginable power of his mind. He had an aptitude for business which raised him far above the ordinary levels of our generation.

He had a firmness of spirit which was not often elated by success, seldom downcast by failure and never swayed by panic. He loved life and was perfectly at peace with himself and the world around him. He could be helplessly uproarious. He wanted everyone to be happy. He wanted to taste and try everything that life could offer. Power never corrupted him, nor did success make him conceited, arrogant or pompous. Beyond his reputation as a business magnate and animal lover, Ratan’s tenure as Chairman of the Tata Trusts has left an inerasable mark on India’s cultural kaleidoscope. The trusts have spearheaded numerous initiatives across healthcare, education, environment and disaster relief and their manifold contributions to art and culture stand out as particularly noteworthy.With no thought of the length of time he might be permitted on Planet Earth, Ratan was concerned solely with the quality of the service he could render to his nation and to humanity.

— The author is an internationally reputed senior lawyer practising in the Supreme Court of India and various High Courts and Tribunals in India

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