“Opportunities for startups exist, but they must be grabbed by the tenacity, imagination and courage of the founders,” said Tata.
"In the last few years, there has been a sea of changes in the attitude towards electric vehicles. This industry is changing rapidly and I place good value on the sound logic and the approach that the team at Tork Motors has taken," Tata Sons Chairman Emeritus Ratan Tata said in a statement.
For those who have never followed the feud, Tata Vs Mistry is a good place to start.
This investment, which is part of OEM's series A round of funding, is in Tata's personal capacity, Ola said in a statement.
Tata arrived in Nagpur on Tuesday and left the city on Wednesday after meeting the RSS chief, the sources said.
Ratan Tata and the other directors earlier approached the high court, seeking to quash and stay the proceedings initiated against them by a magistrate court in the 2016 criminal defamation case filed by Nusli Wadia.
He also said that he has no plans of taking the political plunge.
Tata, who demitted office as the executive chairman of the over USD 100 billion conglomerate in 2012, said he does not intend to join politics.
A single bench presided over by Justice Mridula Bhatkar refused to extend her March 18 order whereby she had restrained the magistrate court from hearing the case until Wednesday (March 27).
A single bench of Justice Mridula Bhatkar stayed the proceedings through an interim order.
With Noel's induction, all three Tata brothers are now on the board of the Trusts, which commands a 66 percent stake in the $100 billion Tata conglomerate's holding company -- Tata Sons.
Tata Trusts and the Chicago-based Mars International had entered into a partnership in 2016 and the snack venture was launched here on November 28 as part of the partnership.
The company targets to begin full-scale operations in the first half of 2019, with a goal to serve 100 million households in the next five years, the company said in a statement.
The sprawling Tata conglomerate includes manufacturing, defence, aerospace, services and steel operations.
There are ongoing deliberations on whether the conglomerate should return to the earlier concept of having a common chairman for both Tata Sons and Tata Trust, the report stated
Ratan Tata had invested about Rs 3 crore in Ampere in his personal capacity in mid-2015
Shah, who will be in Mumbai today, is also scheduled to meet sporting legend Milkha Singh on June 7 in Chandigarh, sources said.
The increasing outlay reflects the change in approach under the Chairmanship of Ratan Tata
Tata, who served as the chairman of the salt-to- software conglomerate for over three decades across two stints, was presented the Mahaudyog Sanman, Chief Minister Devendra Fadnavis said on his twitter handle late this evening.
Ratan Tata's office has denied the reports saying that the claims were "factually incorrect and appear to be motivated."
Commenting on the news report, the industrialist's office has said that it's "grossly incorrect in its references about Mr. Ratan N. Tata".
The summit 'Advantage Assam', being organised on February 3-4 at a total expenditure of Rs 32 crore, will also witness participation of business leaders and ministers from as many as 20 countries such as the ASEAN nations, the US, Czech Republic, Germany, Japan, UAE and Israel.
Shapoorji Pallonji called for at least one nominee seat on the board of Tata Sons, as the company has an 18% shareholding and is completely unaware of the business proceedings of the Tata Group.
Tata "testified to the police for two hours regarding suspicions that he was involved in a case in which the prime minister is alleged to have received gifts valued at hundreds of thousands of shekels," The Times of Israel reported.