- Warhammer maker Games Workshop enters London's top stocks index
- Iran Nobel winner released for three weeks, 'unconditional' freedom urged
- Red Cross marks record numbers of humanitarians killed in 2024
- Johnson's Grand Slam 'no threat', says World Athletics boss Coe
- Qatar's emir and UK's Starmer talk trade as state visit ends
- Cuba suffers third nationwide blackout in two months
- Russia, Ukraine to send top diplomats to OSCE summit in Malta
- Spanish royals to attend memorial service for flood victims
- LPGA, USGA new policy requires female at birth or pre-puberty change
- Stick to current climate change laws, US tells top UN court
- British Museum chief says Marbles deal with Greece 'some distance' away
- Pope Francis receives electric popemobile from Mercedes
- Gaza civil defence: thousands flee Israeli strikes, evacuation calls
- Trump names billionaire private astronaut as next NASA chief
- Pidcock to leave INEOS Grenadiers at end of season
- Seoul stocks weaken, Paris advances despite political turmoil
- South America summit hopes to seal 'historic' trade deal with EU
- DAZN awarded global TV rights for Club World Cup
- Top executive shot dead outside New York hotel
- Vaping while still smoking unlikely to help quitters: study
- British Museum chief says Parthenon Marbles deal with Greece 'some distance' away
- 'Creating connections': Arab, African filmmakers gather at Morocco workshops
- Iran frees Nobel winner for three weeks, sparking calls for 'permanent' release
- Brazil's Minas cheese gets added to UNESCO list
- Top US executive shot dead in New York City: media
- Trump's nominee to run Pentagon hangs by a thread
- GM announces more than $5 bn hit to earnings in China venture
- World chess champ Ding, teen challenger tied past halfway mark
- Georgia police raid opposition offices as PM vows to curb protests
- S. Korea opposition begins push to impeach president
- Syrian army fights rebel offensive with counterattack
- France court upholds Polanski acquittal in defamation case
- UK bans daytime TV ads for cereals, muffins and burgers
- Palace's Guehi to face no formal action over 'Jesus' message on rainbow armband
- UK faces trade balancing act with Trump, EU
- Iran releases Nobel Peace laureate Mohammadi on medical leave: lawyer
- UNESCO grants heritage status to Aleppo soap as Syria war flares
- Ghana's illegal mining boom seeps into presidential election
- Inconsistent Spurs 'progressing in all aspects': Postecoglou
- France's Orano says Niger junta controls uranium firm
- Seoul stocks weaken, Paris edges up tracking political turmoil
- China reports warmest autumn since records began
- French marine park to close over law banning killer whale shows
- Thousands march demanding S. Korea president resign over martial law debacle
- Taiwan romance novelist Chiung Yao dies at 86
- In Angola, Biden promises to invest differently to China
- Syrian army launches counteroffensive against rebels
- Evenepoel says 'long journey' ahead after postal van collision
- South Korea's day of rage as Yoon's martial law founders
- UK police question killer nurse Letby over further baby deaths
RYCEF | 1.46% | 7.55 | $ | |
RBGPF | -1.64% | 61 | $ | |
CMSC | 0.15% | 24.596 | $ | |
NGG | -1.19% | 62.23 | $ | |
BCC | -0.49% | 145.72 | $ | |
SCS | -0.71% | 13.425 | $ | |
RIO | -0.12% | 63.435 | $ | |
AZN | -2.29% | 66.525 | $ | |
RELX | 0.88% | 47.902 | $ | |
GSK | -1.06% | 34.535 | $ | |
VOD | -0.4% | 8.795 | $ | |
JRI | -0.59% | 13.46 | $ | |
BCE | -1.81% | 26.825 | $ | |
CMSD | 0.16% | 24.35 | $ | |
BTI | 0.42% | 37.185 | $ | |
BP | -1.25% | 29.085 | $ |
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.
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".
K.Thomson--BTB