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Ratan Tata, chairman of Tata Sons, dies at 86

Mumbai: Ratan Tata, the chairman emeritus of Tata Sons, passed away on Wednesday in a Mumbai hospital. He was undergoing treatment in critical condition and was in intensive care in the hospital for the past few days. Ratan Tata, 86, on Monday said he was undergoing a routine medical investigation due to his age and related medical conditions.

Several reports of his admission to hospital surfaced earlier in the week, but Ratan Tata had reassured the public, stating he was undergoing routine medical checkups due to his age and related health concerns.

However, concerns went high as reports suggest his condition has worsened. Ratan Tata on Monday took to social media to address the rumors about his health said, “There is no cause for concern. I remain in good spirits.” Tata explained that his medical evaluations were routine and asked the public and media to refrain from spreading misinformation.

Ratan Tata taken over as chairman of Tata Sons in 1991. During his leadership at Tata Sons, he transformed the Tata Group from a primarily domestic company into a global powerhouse by acquiring companies like Tetley, Corus, and Jaguar Land Rover. In December 2012, Tata retired from his position.

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