Monday, May 23, 2011

002 Recent remarks of Mr. Ratan Tata to the Times newspaper, London

Clarification from (The official website of Messrs. Tata Sons)

We would like to specifically clarify two issues:

1. The Times newspaper in London yesterday reported an interview with Mr Ratan Tata, Chairman of Tata Sons, which took place two months ago. In the interview Mr Tata speaks about the management ethos of Corus and Jaguar Land Rover at the time of acquisition. He says that managers' work ethic at that time was not to "go the extra mile" and to leave early on Friday afternoons.

The comments were not about the company managers today and Mr Tata makes clear in the interview that new management at Corus and Jaguar Land Rover has eliminated those practices.

We wish to make clear The Times claims that Mr Tata said British managers were "lazy" is misrepresentation. At no stage in the interview did Mr Tata make this comment.
2. We would also like to clarify on stories in Indian media regarding Mr Ambani's home. The report is out of context and factually incorrect. Mr Tata's comments on wealth are in the larger context of the growing disparity in the society. The comments seem to have been deliberately sensationalised.

There have been words, individuals and statements that have not been mentioned by Mr Tata during the course of the interaction which are being attributed to him. We have already registered our protest with the concerned publication and will continue to pursue measures against the incorrect impressions being sought to be created.

Let us assume that Mr. Ratan Tata's remarks were misreported both by the Times, U.K. and the Indian news media.

Won't it be proper for Tata Sons to place the video recordings of Mr. Tata's interview with the 'Times, UK', so that people can clarify for themselves where the misreporting and sensationalisation has taken place.

We as common people presume that in these days of computers and videos, the newspaper as well as Mr. Tata might have made out copies of the interview said to have been given two months back. A newspaper may have its space constraints to reproduce the interview verbatim. But what prevents Mr. Tata (or Tata Sons) to make the interview videos public? Did they give any undertaking to the Times that the video will not be revealed at any cost? Public interest, now demands its revelation.

Monday, October 15, 2007


On Oct. 15 - 2007, I wrote about the view of Mr. Sheldon G. Adelson, C.E.O., Vegas Sands Corp., U.S.A., that there are no profits in hospitality and that they are in gambling. Here is the link to my blog.

One man's poison is another man's nectar. "The Carlson Hotels milking the growing hospitality sector" is the Indian Express Headline. Here is the link:

The Express published an interview with the Executive VP of the Carlson Hotels, India and Asia. According to the interview, they have 34 hotels and by the year end they will be adding another 20. By 2012, they will have 134. They have big plans.

Comments of ybrao-a-donkey

1. If Carlson Hotels can make profits from "hospitality industry" without adding "gambling", why the third richest American Mr. Sheldon G. Adelson cannot do?

2. Both are American Companies.

3. So who is right?