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00:00Welcome to StudyIQ, I am Prashanth Dhawan. India's legend Ratan Tata has passed away.
00:10Look, every Indian is sad today.
00:12You have to understand that we knew that one day we will have to see this unfortunate day.
00:19But none of us were ready.
00:22We have seen Ratan Tata all our life.
00:26We have seen how he has led the Indian industry.
00:30He has contributed so much to the overall industry of India.
00:33All of us have taken inspiration from him.
00:35But now he is gone.
00:37And what is being said about him today?
00:40India has lost the shine of the country.
00:43India's titans have gone.
00:45Ratan Tata was the Kohinoor of India.
00:48India is saying goodbye to its Kohinoor today.
00:51I will tell you such things about very few people.
00:55Ratan Tata was the man with no haters.
00:59And I will tell you the life of Ratan Tata.
01:01For the coming decades, perhaps for centuries,
01:05many Indian industrialists and even I will say other Indians,
01:09who are in different forms of life,
01:11will keep inspiring everyone.
01:13And you note one thing,
01:15reports were coming a few days before today
01:17that Ratan Tata is unwell.
01:19He is admitted at the Breach Candy Hospital in New Delhi.
01:22Now as soon as this report came
01:24that he is unwell,
01:26that something should not happen here,
01:27Ratan Tata tweeted that
01:29you don't worry about me.
01:31And literally as a humble human being
01:33who did not want anyone to worry about him,
01:37he said thank you for thinking of me.
01:39There is no cause of concern.
01:41You don't worry.
01:43Now this was his last tweet.
01:45Because two days later,
01:47because of old age, he fell ill.
01:49And he died at the Breach Candy Hospital in Mumbai.
01:53And Ratan Tata's life of 86 years,
01:57he has accomplished so much in it,
01:59he has seen so much,
02:01that whatever is written about him today,
02:03whatever tributes are written about him,
02:05he is also mentioning his journey.
02:07For example, when the Prime Minister of the country
02:09wrote this tweet about him,
02:11he said that Mr. Ratan Tata
02:13was a visionary business leader,
02:15a compassionate soul.
02:17Everyone is saying this about him.
02:19Business leader, obviously,
02:21he was one of a kind.
02:23If I ask you a question once,
02:25what was India's most valuable brand in 2024?
02:31Do you know what is the right answer?
02:33The right answer is Tata.
02:35And for many years,
02:37whenever reports are published,
02:39whenever research is done,
02:41that there is no shortage of brands in India,
02:43Reliance, Mahindra,
02:45there are many brands in India,
02:47Infosys, major groups have stood up today.
02:49But if we talk about India's
02:51most valuable brand,
02:53then it is still Tata.
02:55And I would say that
02:57two people played a critical role
02:59in making this brand.
03:01One is Jamshedji Tata,
03:03who founded Tata Group.
03:05And his grandson, Ratan Tata.
03:07I would say that both of them
03:09made the biggest contribution
03:11to India's most valuable brand.
03:13And India's most valuable brand
03:15did not become like this.
03:17If you look at any sector,
03:19there you will see Tata
03:21providing state-of-the-art services.
03:23If you look at defense,
03:25you will find Tata Advanced System,
03:27Global Trading has Tata International Group,
03:29IT has TCS, India's leading IT company.
03:31Apart from that,
03:33Tata Steel, Voltas,
03:35there are many brands,
03:37people do not even know that
03:39there are many international brands,
03:41Jaguar, Trend, Tata Capital,
03:43Air India, Vistara,
03:45Tata Communications.
03:47It is a humongous group.
03:49And everywhere you will see
03:51that Tata Group has delivered
03:53state-of-the-art services.
03:55And behind this,
03:57there is a critical role of two people.
03:59Jamshedji Tata, who was the
04:01first chairman of Tata Group.
04:03He led Tata Group from 1868 to 1904.
04:05And here you will see
04:07Ratan Tata.
04:09He led Tata Group from 1991 to 2012.
04:11In the middle,
04:13when Cyrus Mistry had a controversy,
04:15when Cyrus Mistry left,
04:17Ratan Tata led Tata Group again
04:19for a year.
04:21Here too, I would say
04:23that his critical role was to
04:25take Tata Group in the right direction.
04:27And if you look at all 26 publicly listed
04:29companies of Tata Group,
04:31I am not talking about private companies,
04:33all their publicly listed companies,
04:35if you look at the market capitalization,
04:37you will get an amount of
04:39$365 billion.
04:41This is a much larger amount
04:43than the nominal GDP of many countries.
04:45Now here you saw
04:47that this was the impact
04:49of Ratan Tata as an industrialist.
04:51Now you can understand
04:53how big it is.
04:55On one hand, you are such a big industrialist.
04:57You have led such a big group.
04:59But still, when you have Nidan,
05:01people write,
05:03he was a compassionate soul.
05:05And let me tell you in this life,
05:07it is very difficult to accomplish
05:09that once you achieve so much
05:11in professional life,
05:13but still when people remember you,
05:15people will say what a humble man he was,
05:17what a compassionate man he was.
05:19He was an extraordinary human being.
05:21This is written by Mr. Modi.
05:23And let me tell you, Mr. Modi
05:25very rarely uses such language
05:27on someone's Nidan.
05:29He provided stable leadership
05:31in the most prestigious business houses
05:33as I told you.
05:35But still, the last lines
05:37that Mr. Modi has written about him is
05:39that he endeared himself to several people
05:41thanks to his humility.
05:43Everyone will say, humble human being,
05:45kindness, kind human being
05:47and unwavering commitment
05:49to making our society better.
05:51Let me tell you the reason for this.
05:53Ratan Tata had donated
05:55more than a billion dollars
05:57in charity in his lifetime.
05:59In total, he donated
06:01around 9000 to 10000 crores.
06:03He donated 60 to 70 percent
06:05of his income.
06:07Apart from that,
06:09just think about it,
06:11when Tata group was
06:13only at 5 billion dollars,
06:15Ratan Tata went from 5 billion dollars
06:17to 100 billion dollars.
06:19But still,
06:21Ratan Tata never lost
06:23his humility.
06:25And even today,
06:27the CEO Sundar Pichai
06:29when he writes about Ratan Tata,
06:31he says that
06:33he had his last meeting with Ratan Tata
06:35at Google. We had a conversation
06:37about his vision and
06:39note one line here about him.
06:41He deeply cared about making
06:43India better. Even though,
06:45as an industrialist,
06:47he was phenomenal. Here are his results.
06:49In Tata group, you might
06:51find a chairman whose
06:53impact is so big that
06:55he can take a group from 5 billion dollars
06:57to 100 billion dollars.
06:59But at the same time,
07:01you have to see that
07:03he never showed any arrogance.
07:05He never said that
07:07I have done such a big thing
07:09that I will live in a bungalow
07:11or a palace.
07:13The house where Ratan Tata used to live,
07:15its value was around
07:17175 crores.
07:19Now, let me tell you that
07:21his contribution in Tata group
07:23was such that
07:25he could easily
07:27live in a multi-million
07:29house.
07:31But,
07:33he was a humble man.
07:35You must have never seen
07:37that he is having a big party
07:39with big celebrities.
07:41He has lived his life
07:43with a lot of humility.
07:45And that is why,
07:47every Indian is remembering him.
07:49And when I say every Indian,
07:51from the President of India
07:53to the Defense Minister,
07:55Leader of the Opposition,
07:57to the Chief Ministers of the State,
07:59everyone is saying
08:01that his demise
08:03will be an irreparable loss
08:05for the Indian business world
08:07and society.
08:09And if you look at Ratan Tata's personal life,
08:11he was a very honest person.
08:13The way he could
08:15openly express his emotions,
08:17it was clear that
08:19he has no ego.
08:21He has no ego to wear a mask
08:23in front of the world.
08:25When he was asked
08:27whether he is married or not,
08:29he openly said that
08:31there were many times
08:33I feel lonely.
08:35Many times I felt lonely
08:37that I don't have a wife,
08:39I don't have a family.
08:41He enjoyed the freedom
08:43that he got in his life
08:45that he doesn't have to worry
08:47but at the same time
08:49he did feel a little lonely.
08:51And his story is also amazing.
08:53Because of the 1962
08:55India-China war,
08:57he got married while
08:59he was studying in the US.
09:01At that time, he fell in love with an American woman.
09:03He was about to get married to her
09:05but suddenly when the India-China war came,
09:07the US was reporting
09:09that China will invade India
09:11and take over India.
09:13And the family of that woman
09:15decided that no,
09:17it won't be right for us
09:19that our daughter goes to India
09:21as the war is also going on there.
09:23And that's why Ratan Tata
09:25couldn't get married at that time
09:27and eventually he never married.
09:29But today, the whole of India
09:31is remembering him
09:33as our own family member.
09:35Ratan Tata didn't get married
09:37at all, he didn't have children
09:39but there are many people in India
09:41who see him as a father figure
09:43and they will remember him
09:45for a very very long time.
09:47The legend of India, Ratan Tata.
09:49There will never be another one like him.
09:51Now finally, I will ask you
09:53a question about his life.
09:55Answer in the comment section.
09:57The question here is
09:59where was Ratan Tata's birth?
10:01Here are your options.
10:03Delhi, Chennai, New York
10:05or Mumbai.
10:07Answer in the comment section.
10:09I will give a heart to the comment
10:11so that the rest can understand
10:13what is the right answer.
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11:29So with this note, this is the end of the video.
11:31Thank you for listening.
11:33And as I always say, may the Gods watch over you.