He said when he was the Chairman of Tata Sons, he could not take up investments in the startups as it would have conflicted with what Tata's were doing.
In a wide-ranging interview with Network18, Tata Sons Chairman Emeritus Ratan Tata, the venerable industrialist talked about a host of issues.
Apart from these three, the list includes names like Jeff Bezos, Mark Zuckerberg, Warren Buffett, Bill Gates, Muhammad Yunus, Donald Trump and Masayoshi Son
The Board wants to get the shareholders' opinion on the proposed deal, two people aware of the developments said.
With this current round, the total amount of funds raised by Noida-based Moglix stand at around USD 18 Million.
A deal to reduce Tata's financial burden in the 15- billion-pound pension scheme for its British steel business is central to a plan to save Port Talbot and keep it open, conceived last year by interim chairman Ratan Tata.
The funding round saw the participation of Ratan Tata backed UC-RNT fund along with existing investors Matrix Partners India, Falcon Edge Capital, and DSG Consumer Partners.
The company, which has a strong online presence, is eyeing a total of 700 stores by March 2019 by targeting small towns, tier II and III cities.
Special Judge O P Saini was told by Swamy's counsel that more time was required to bring additional material in support of the plea as the politician has requested the probe agencies and filed an RTI to get the information.
Founded in 2015, the company has raised over USD 40 million to date. It plans to use fresh funds to invest in IoT-based solutions such as drones and smart locks
"Seventy per cent of medical equipment used are imported from foreign nations. This situation has to change because it makes the treatment very costly," he said after launching a book to mark Tata Memorial Centre's 75 years of social service.
During the hearing on Thursday, the counsel representing the Mistry camp informed the NCLAT that they will file another appeal against the order of the National Company Law Tribunal rejecting their waiver application on April 17.
Tata Sons welcomed the ruling and said it hoped the decision would end the 'vexatious campaign'.
The board also decided to raise Rs 7,000 crore by selling bonds. This amount will be used to refinance the company's debt, invest in securities and provide loans to companies.
According to the company, the plant has so far created employment for more than 5,000 people. More than 90 percent of the workforce employed in the new plant are women.
"Niki.ai and CoHo, provider of rental accommodations designed for young professionals and students, have partnered in an attempt to enhance the lifestyle of the millennial," a company statement said.
Tata Sons Chairman Emeritus Ratan Tata on Friday said the Tata Group is in the safe hands of N Chandrasekaran, who would take it to a new level of progress and growth.
A special court today asked BJP MP Subramanian Swamy's plea to bring more material in support of his criminal complaint against industrialist Ratan Tata and others in connection with the 2G spectrum scam case.
Tata Sons' new Chairman N Chandrasekaran is likely to bring on board chief executives of group operating companies to better operational proficiency, reports the Economic Times today.
While committed to taking his legal battle against Tata Sons to its logical conclusion, Mistry is planning to start his own new venture
"Under the Prime Minister and his government, India is on the threshold of projecting itself as a new India," said Tata, who started his career at Tata Steel in Jamshedpur.
"It is a very big job but the canvas is large...got exciting things to do. There are challenges and opportunities.
In a letter, which is now also a part of ousted Tata Sons chairman, Cyrus Mistry's National Company Law Tribunal filing (NCLT), Ratan Tata had also questioned the slow decision making at Tata Motors, the Hindu BusinessLine reports.
TeamIndus Foundation is the CSR arm of TeamIndus, the only Indian team competing for the Google Lunar XPRIZE of USD 25 million that requires privately funded teams to land their spacecraft on the surface of the moon, travel 500 metres and broadcast high definition video,images and data back to Earth.
On issues of protectionism and capital dumping, Tata said one cannot generalise, but sometimes blocking is worthwhile and at other times, it amounts to stifling competition.