India’s Ratan Tata hands over reins of empire

Indian industrialist Ratan Tata retires on his 75th birthday this week, handing over the reins of his sprawling business empire after decades at the top of the country’s turbulent corporate world.

Ratan Tata has been credited with transforming the Tata group into a streamlined conglomerate of more than 100 companies and earning a global reputation for eye-catching purchases of Western firms.

via Business feed http://www.scmp.com/business/companies/article/1112848/indias-ratan-tata-hands-over-reins-empire