Ratan Tata acquires stake in Chinese handset maker Xiaomi
Ratan Tata, the iconic business leader, has acquired a stake in Chinese handset maker Xiaomi, the first investment by any Indian in the smartphone maker.
New Delhi Last Updated: April 27, 2015 | 08:27 IST
Tata, who retired as head of over $100-billion conglomerate in December 2012 and currently serves as chairman emeritus of Tata Sons, has emerged as a major venture capital investor since his retirement. (Photo: Reuters)