It is turning out to be a dream year for Indian conglomerate Tatas -- BusinessWeek has termed its Rs one-lakh car as one of the trendsetters of 2007, while naming Ratan Tata among the world's Most Important People of the year.
The much-talked cheapest car finds a place in the list of ‘Most Important Trends for 2007’ alongside the emergence of India and China as the world's new superpowers.
In the BusinessWeek list of Most Important People of 2007, Tata finds a place alongside 23 other international names such as Apple Computer CEO Steve Jobs, US Federal Reserve chairman Ben Bernanke, media mogul Rupert Murdoch and French president Nicholas Sarkozy.
Celebrity singer Britney Spears and Mexican billionaire Carlos Slim are also on the list.
Tata has found this place for steering his group firms to the global league with billion-dollar acquisitions and innovative business plans.
The twin recognition by BusinessWeek comes within a fortnight of Tata being named among the world's most powerful business people by another business magazine Fortune.
Tata was the only Indian name in the BusinessWeek list of most important people as well as the last month's Fortune list. Previously, a number of elite global rankings such as the richest billionaires and biggest revenue grossers have seen a significant Indian presence, sans Tatas.
"The shy, unassuming Tata has emerged this year as the dynamo of Indian business, taking his 21-billion-dollar group global with bold acquisitions and ambitions. 2007 saw the biggest acquisition ever by an Indian company -- 12-billion- dollar takeover by Tata Steel of Anglo-Dutch steelmaker Corus."</I></B>
http://www.financialexpress.com/news/Rs-1lakh-Tata-car-trendsetter-iBusinessWeek-i/248738/
The much-talked cheapest car finds a place in the list of ‘Most Important Trends for 2007’ alongside the emergence of India and China as the world's new superpowers.
In the BusinessWeek list of Most Important People of 2007, Tata finds a place alongside 23 other international names such as Apple Computer CEO Steve Jobs, US Federal Reserve chairman Ben Bernanke, media mogul Rupert Murdoch and French president Nicholas Sarkozy.
Celebrity singer Britney Spears and Mexican billionaire Carlos Slim are also on the list.
Tata has found this place for steering his group firms to the global league with billion-dollar acquisitions and innovative business plans.
The twin recognition by BusinessWeek comes within a fortnight of Tata being named among the world's most powerful business people by another business magazine Fortune.
Tata was the only Indian name in the BusinessWeek list of most important people as well as the last month's Fortune list. Previously, a number of elite global rankings such as the richest billionaires and biggest revenue grossers have seen a significant Indian presence, sans Tatas.
"The shy, unassuming Tata has emerged this year as the dynamo of Indian business, taking his 21-billion-dollar group global with bold acquisitions and ambitions. 2007 saw the biggest acquisition ever by an Indian company -- 12-billion- dollar takeover by Tata Steel of Anglo-Dutch steelmaker Corus."</I></B>
http://www.financialexpress.com/news/Rs-1lakh-Tata-car-trendsetter-iBusinessWeek-i/248738/