The Prague Post - Mumbai declares day of mourning for Indian industrialist Ratan Tata

EUR -
AED 4.284721
AFN 77.813675
ALL 96.73402
AMD 449.383232
ANG 2.08838
AOA 1069.868439
ARS 1643.300257
AUD 1.79739
AWG 2.102985
AZN 1.988331
BAM 1.957905
BBD 2.357035
BDT 142.533269
BGN 1.958268
BHD 0.441174
BIF 3449.209015
BMD 1.166705
BND 1.515129
BOB 8.086696
BRL 6.306271
BSD 1.170258
BTN 103.007767
BWP 15.681863
BYN 3.986587
BYR 22867.409857
BZD 2.353631
CAD 1.635667
CDF 2572.583495
CHF 0.923866
CLF 0.028585
CLP 1121.375842
CNY 8.315161
CNH 8.314876
COP 4499.638566
CRC 587.431679
CUC 1.166705
CUP 30.917671
CVE 110.383698
CZK 24.303914
DJF 208.394091
DKK 7.46807
DOP 74.009584
DZD 151.012387
EGP 55.382711
ERN 17.500569
ETB 173.935437
FJD 2.652912
FKP 0.867637
GBP 0.868641
GEL 3.150514
GGP 0.867637
GHS 12.550496
GIP 0.867637
GMD 84.002464
GNF 10154.919821
GTQ 8.963639
GYD 244.793232
HKD 9.063037
HNL 30.73505
HRK 7.546593
HTG 153.475035
HUF 389.381824
IDR 19335.386733
ILS 3.8616
IMP 0.867637
INR 102.69993
IQD 1533.048523
IRR 49074.492643
ISK 141.999708
JEP 0.867637
JMD 188.072238
JOD 0.827146
JPY 175.550605
KES 151.142527
KGS 102.028111
KHR 4710.064842
KMF 492.934777
KPW 1050.034422
KRW 1658.750272
KWD 0.356814
KYD 0.975249
KZT 629.546966
LAK 25394.307089
LBP 104795.489026
LKR 354.310999
LRD 214.150281
LSL 20.406844
LTL 3.444976
LVL 0.705727
LYD 6.35183
MAD 10.701407
MDL 19.736223
MGA 5205.5977
MKD 61.686333
MMK 2449.647164
MNT 4195.861601
MOP 9.362067
MRU 46.800325
MUR 52.536714
MVR 17.846535
MWK 2029.182027
MXN 21.467452
MYR 4.930475
MZN 74.564184
NAD 20.406844
NGN 1716.268763
NIO 43.06631
NOK 11.735987
NPR 164.812226
NZD 2.035182
OMR 0.447962
PAB 1.170258
PEN 3.962461
PGK 4.991367
PHP 67.810099
PKR 331.284938
PLN 4.248077
PYG 8305.931561
QAR 4.265587
RON 5.092901
RSD 117.296131
RUB 94.916644
RWF 1698.626573
SAR 4.375236
SBD 9.61058
SCR 16.216438
SDG 701.772131
SEK 10.988479
SGD 1.511127
SHP 0.875331
SLE 26.974094
SLL 24465.211237
SOS 668.819197
SRD 45.986845
STD 24148.429333
STN 24.526374
SVC 10.240011
SYP 15169.35265
SZL 20.399937
THB 38.20376
TJS 10.795509
TMT 4.083466
TND 3.416974
TOP 2.732541
TRY 48.890171
TTD 7.937535
TWD 35.744211
TZS 2878.795636
UAH 48.841721
UGX 4090.398501
USD 1.166705
UYU 46.850379
UZS 14231.303251
VES 234.761555
VND 30733.332167
VUV 142.394198
WST 3.277266
XAF 656.663125
XAG 0.022438
XAU 0.000275
XCD 3.153078
XCG 2.109068
XDR 0.816678
XOF 656.663125
XPF 119.331742
YER 278.727479
ZAR 20.271483
ZMK 10501.741175
ZMW 26.535534
ZWL 375.6784
  • RBGPF

    0.0000

    79.09

    0%

  • CMSD

    0.2000

    24.29

    +0.82%

  • JRI

    -0.0100

    13.77

    -0.07%

  • BCC

    0.1900

    71.03

    +0.27%

  • RYCEF

    -0.3900

    14.91

    -2.62%

  • SCS

    -0.0100

    16.55

    -0.06%

  • CMSC

    0.3801

    24.1

    +1.58%

  • NGG

    1.0500

    76.95

    +1.36%

  • RELX

    0.0100

    45.23

    +0.02%

  • BCE

    0.5700

    24.26

    +2.35%

  • RIO

    -0.7300

    68.02

    -1.07%

  • GSK

    0.1400

    43.91

    +0.32%

  • AZN

    0.8600

    84.69

    +1.02%

  • VOD

    0.1900

    11.67

    +1.63%

  • BP

    0.3500

    33.13

    +1.06%

  • BTI

    0.4800

    51.62

    +0.93%

Mumbai declares day of mourning for Indian industrialist Ratan Tata
Mumbai declares day of mourning for Indian industrialist Ratan Tata / Photo: SUJIT JAISWAL - AFP

Mumbai declares day of mourning for Indian industrialist Ratan Tata

Crowds of mourners gathered in India's financial capital Mumbai on Thursday for the funeral of industrialist Ratan Tata, hailed as a "titan" who led one of the country's biggest conglomerates.

Text size:

Tata, who died aged 86 on Wednesday, transformed the Tata Group into a sprawling international enterprise, with a portfolio ranging from software to sports cars.

His coffin, draped in an Indian flag, was flanked by a guard of honour, with a marching band of trumpets and drums accompanying the procession.

Mumbai has declared a day of mourning, with the funeral rites to take place on Thursday afternoon.

"A titan of Indian industry", The Hindu newspaper called him on its front-page. "India loses its crown jewel", the Hindustan Times wrote.

The hundreds who queued to pay tribute on Thursday included a mix of ordinary mourners, high-profile business leaders, politicians and Tata employees.

Abdul Khan, 52, described Tata's passing as both a "personal loss" and a "loss for the country", praising him for his philanthropy.

"He made so many lives better, not just the people who worked for him, but everybody," he said.

Tributes also poured in from fellow industrialists, with Asia's richest man Mukesh Ambani saying it was a "big loss, not just to the Tata group, but to every Indian".

Tata was born in Mumbai in 1937 into a family of Parsis -- a proud but dwindling community which played an outsized role in the city's business affairs under British rule.

He had intended to chart his own course in life as an architect after graduating from Cornell University in New York.

- 'Visionary' -

But an appeal from his grandmother saw him return to India in 1962 and join the sprawling family business, beginning work as a factory floor labourer and sleeping in a hostel for trainees.

He took over the family empire in 1991, riding the wave of the radical free-market reforms India had just unleashed that year.

Tata's 21 years at its helm saw the salt-to-steel conglomerate expand its global footprint.

His 2008 decision to purchase Britain's loss-making Jaguar and Land Rover carmakers for $2.3 billion burnished his reputation when Tata Group was able to restructure both brands and return them to profit the following year.

The Tata Group said his philanthropy work "touched the lives of millions."

"From education to healthcare, his initiatives have left a deep-rooted mark that will benefit generations to come," the company added.

Indian Prime Minister Narendra Modi called Tata "a visionary business leader, a compassionate soul and an extraordinary human being."

Modi praised Tata for providing "stable leadership to one of India's oldest and most prestigious business houses".

V.Nemec--TPP