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Ratan Tata refused to pay bribe for setting up airline

Ratan Tata, chairman of the Tata Group of companies, is sticking fast to his commitment to ethics and values. Speaking to mediapersons at Dehradun after delivering an address at the 10th anniversary function of the formation of Uttarakhand, Mr Tata said that there was no question of "of any change in his plans to retire in 2012" and that his successor will be somebody committed to ethics and values, reports PTI.

When asked to reveal his mantra for success without compromising on ethics and values, Mr Tata said he did not have a methodology in this regard but he had an example to share.

He said, "Several years ago, Tatas were trying to set up a domestic airline in collaboration with Singapore Airlines. Even though we were pioneers in the Indian airline industry, we had enormous problems if you remember through the reports in the media."

"We approached three prime ministers also. But an individual thwarted our efforts to form the airline." He recalled that a fellow industrialist had commented: "You are stupid people. The union minister was asking for Rs15 crore, why don't you pay him."

"I didn't want to go to bed at night thinking I got an airline by paying for it," Mr Tata said.

On his retirement, he added, "I don't want to change my deadline I set for my retirement. There are lots of sacrifices one has to make in terms of personal life. I wanted my life back. I want to enjoy the things that I wanted to do."

In August this year, the Board of Tata Sons set up a selection committee comprising five members, including an external member to decide on a suitable successor to Mr Tata.

"There is no such thing as indispensability of an individual. The day I succeeded JRD Tata, I felt in very large shoes. I knew that I cannot be another JRD and I have to be my own person," Mr Tata said in reply to a question.

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COMMENTS

Dinesh

6 years ago

Noted Human Rights Activist Sir Jessi Jackson once wrote a nice article in 1992-93. A SCHOOL OF A DEAD SOUL. He asked 3 questions to the students. [1] How many of you brings Drugs and Guns in school? No one raised hand. [2] How many of you knows someone brings Drugs and Guns in School? Every student raised hands. [3] How many of you ever tried to notify School or Authority about this. No one raised hand. Same like the school students India today has became the Country of DEAD SOUL. Citizens and Taxpayers are addicted to the Snake Bites of Corrupted Politicians and its Officials. who are stuck as TERMITES and eating away the base of Mother India. Politicians had became SUPER GODS, and gives layers of lies to prove it true. Laws on Corruption are as outdated as our Politicians. No new laws are passed to punish them and enjoys the Blood Sucking. All tainted Officials and Ministers must be sacked with a life time BAN, stopping their entry through Revolving Door. India becoming Super Power in 21st Century cannot take Super Scammers with it. Aamdaar Niwas and the Flats given to the Politicians by Taxpayers are full of Political Pimps,who brings them merky deals every day and must be monitored. Please wake up your soul and judge the Traitors and don't get addicted to the history of slavery. JAI HIND.

NGKABRA

6 years ago

he is charismatic having a natural mammoth personality. god has created him in god's MOST HAPPIEST mood.

we wish god to give some more true indians like shri ratan tata to serve our country.
he is a real ratna - i salute him.

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