LIVE: Ratan Naval Tata, the former Tata Group chairman who transformed a staid group into India’s largest and most influential conglomerate with a string of eye-catching deals, has died. He was 86. Tata, who was chairman of the Salt to Software group for more than two decades, breathed his last at south Mumbai’s Breach Candy Hospital at 11.30 pm on Wednesday, October 9. A Padma Vibhushan recipient, Tata, was educated at Cornell University and worked on the shop floor at the family-run group after returning to India in 1962. He became chairman of Tata Industries a decade later and in 1991 took over as the chairman of the Tata Group from his uncle, JRD, who had been in charge for more than half a century.

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