Ratan Tata, patriarch of biggest Indian conglomerate, dies at 86

- File photo: X

NEW DELHI: (Bloomberg) Ratan Tata (pic), the businessman who inherited one of India’s oldest conglomerates and transformed it through a string of eye-catching deals into a global empire, has died. He was 86.

His death was announced in a statement on Wednesday (Oct 9) by Tata Group Chairman Natarajan Chandrasekaran, who called Tata "a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation.”