In spite of his famous surname, Noel Tata likes to fly under the radar. So, he may strike one as more bourgeoise than a corporate czar (The Other Tata, BT, November 1) but that only makes him a level-headed honcho who knows how to handle success. It also shows that he is firmly tethered to the group’s corporate values and ethics.
- Prerna Rai, Chennai
Right man for the top job
Noel Tata has everything going for him: an impeccable pedigree, great lineage and what not. By providing good stewardhip of his retail business even during the recession, he has displayed sharp business acumen and burnished his credentials further. I am sure he will prove to be a responsible shepherd of his company and his group’s interests.
- A.P. Kutty, Hyderabad
Planning for succession
Business mags and publications are fond of producing fawning accounts of corporate entities and business honchos. But I can say that your cover story on Noel Tata does not flatter to deceive. However, it may be a little early and even presumptuous on your part to project him as a natural heir to Ratan Tata. In any case, with Ratan Tata being around at the helm of the Tata Group for the next couple of years, I doubt if any succession strategy is being planned at Tata House at present. When that time comes, I expect the group to go through a smoothly engineered succession that’s both seamless and satisfactory.
- Vineet Achyut, New Delhi
Bang-up job of acquisitions
By integrating its acquired businesses and through cash-conservation and sound management systems under its belt, Tata Chemicals has ensured that it does not suffer from an overhang of debt. At the same time, it has been able to reap big efficiencies from its acquisitions. TCL’s deft management of its takeovers holds a lesson for other firms full of acquisitive fervour during the boom but who now find themselves painfully out of pocket.
- B. Rajasekaran, Bangalore
I am a regular subscriber of your magazine. As an MBA aspirant myself, I have reasons to believe that your magazine is read by a lot of wannabe MBAs. However, I have always felt let down and disappointed by your B-school rankings (The Best B-schools, BT, October 18). I would suggest you consult any prominent MBA coaching institute to get a better idea of B-school rankings before publishing them. They will undoubtedly give you much better insights than some market research company.
- Apaar Miglani
Making India industrial
To make India industrial, the government must review the critical issues facing the industrial sector (“We are Looking to Buy in India”, BT Focus, October 18). These include demand for better quality infrastructure and a gamut of industrial-labour policies.
- Samrat Patel, Vadodara