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Saturday, July 22, 2017
View of the Week (W-End Edition): On The Giant that is TATA
Fortune Magazine announced its' annual 500 list. One of the leading lights of it, TATA, is featured here that we are pleased to feature for this W-End Edition of "View of the Week":
JULY 21, 2017
Happy Friday. This morning we are releasing Clay Chandler’s fascinating deep dive into Tata Sons and its new CEO, Natarajan Chandrasekaran. Tata is a sprawling conglomerate that touches almost every aspect of Indian life. Its biggest business is Tata Motors, which ranks No. 247 on this year’s Fortune Global 500 list (released yesterday, and available here.) It also owns India’s second largest steelmaker, its largest power company, a leading chemical manufacturer, a chain of luxury jewelry boutiques, and more. Chandrasekaran formerly ran Tata Consultancy Services, which is India’s largest IT firm with a market cap of $71 billion. The company is known by those of us here in New York for the fabulous app it built that allows you to track specific runners in the New York City Marathon, and see exactly where each runner is in real time. That’s a labor of love for Chandrasekaran, who was diagnosed with diabetes at the age of 44, and decided to lick the disease without medication by becoming a marathon runner. He’s completed all six of the world’s major marathons – Boston, Berlin, Chicago, London, New York, Tokyo. And he insists it has made him a better leader. “Running has made a world of difference for me,” he says. “It has made me calmer, more reflective, and given me more perseverance.” The story appears in the August issue of Fortune magazine. You can read it online this morning, here.