The business world mourns the loss of Ratan Naval Tata, the former chairman of Tata Sons, who passed away at the age of 86. Beyond his numerous accolades and achievements, Tata was known for his extraordinary character and humane qualities, including his love for dogs and ability to lead with dignity. As tributes pour in, Tata's legacy as a pioneering leader, who shaped not just the Tata Group but also the nation, will continue to live on.
Padma Vibhushan: A Prestigious Honor for Indian Citizens
The Padma Vibhushan is one of India's highest civilian awards, along with the Bharat Ratna and Padma Bhushan. It recognizes exceptional and distinguished service to the nation in various fields, including arts, public affairs, science, and engineering. The award was instituted in 1954 and is bestowed by the President of India.
Ratan Naval Tata, the former chairman of Tata Sons, was posthumously awarded the Padma Vibhushan in 2023. Tata passed away at the age of 86, leaving behind an unparalleled legacy as a visionary industrialist and philanthropist. His contributions to India's economic growth and social development were immense.
Top 5 FAQs Related to Padma Vibhushan and Ratan Naval Tata
1. Who is eligible for the Padma Vibhushan award?
Indian citizens who have made exceptional contributions to their field and to the nation as a whole are eligible for the Padma Vibhushan. The award is not restricted to any particular profession or field of work.
2. What is the process for nominating individuals for the Padma Vibhushan?
Nominations for the Padma Vibhushan award are made by the Government of India, state governments, union territories, and other organizations. The nominations are then reviewed by a selection committee, which recommends the final recipients to the President of India.
3. What are the criteria for selecting Padma Vibhushan awardees?
The selection criteria for Padma Vibhushan awardees include:
4. Who are some of the past recipients of the Padma Vibhushan award?
Notable past recipients of the Padma Vibhushan award include:
5. What was Ratan Tata's legacy and impact on India?
Ratan Tata led the Tata Group, India's largest conglomerate, for over two decades. Under his leadership, the group expanded its operations globally and became a respected name in various industries. Tata was also a renowned philanthropist, supporting numerous causes related to education, healthcare, and social welfare. His vision, leadership, and compassion have left an enduring legacy in India.
The three-day Startup Mahakumbh, inaugurated by Commerce and Industry Minister Piyush Goyal, is set to bring together 3,000 startups, over 1,000 investors, and 10,000 delegates from 50 countries. With a focus on fostering collaboration and innovation, this event will lay the groundwork for the future success of entrepreneurs. The second edition, set to take place in 2025, will feature participation from tribal entrepreneurs and showcase the growth of the Indian startup ecosystem.
In a surprise move, billionaire entrepreneur Elon Musk's artificial intelligence company xAI has acquired the popular social media platform, X, in a multi-billion dollar deal. With X's massive reach and data spanning two decades, xAI's advanced AI capabilities are set to get a big boost. However, the acquisition raises concerns about potential layoffs and the company's lack of accountability as a private entity. Only time will tell how this strategic move will impact the future of both xAI and X.
President Trump announced new tariffs on major trading partners, including India and China, during a speech at the White House on April 2. These "reciprocal tariffs" match the duties these countries have imposed on US goods, with India set to face a 26% tariff and China set at 34%. The tariffs will go into effect on April 9 at 12:01 am local time, sparking concerns for industries such as automobiles, with companies like Volkswagen already taking action to mitigate the impact.
Enter this month's competition for a chance to win one of two fantastic Motorola Edge 50 Pro handsets worth £600 each. With its sleek design, impressive camera system and fast charging capabilities, this phone is not to be missed. Plus, each winner will receive a limited-edition F1 engraved case to complete the package. All you have to do is answer a simple question on motorola.co.uk.
According to the Comptroller and Auditor General of India's report, state-owned telecom company BSNL incurred a loss of Rs 1,757.76 crore due to financial lapses in its Master Service Agreement with Reliance Jio Infocomm Ltd (RJIL). These lapses include BSNL's failure to enforce contractual terms, leading to revenue shortages and loss of potential interest. The report also highlights additional losses incurred by BSNL due to inefficient planning and procurement, resulting in unnecessary expenditure and non-realization of tax credits.
The National Company Law Tribunal has intervened in the ongoing dispute between Aakash Education Services Limited and Byju's, directing a status quo on the former's shareholding. This move came after the Resolution Professional of Byju's filed a plea in court. As one of India's leading ed-tech companies, Byju's has been aggressive in its acquisition of competitors such as Aakash Institute, and this development adds to the ongoing legal battles in the business world.
FOX News Network, LLC has announced exclusive offers for members of the military and first responders on their streaming platform, FOX Nation. The offers include discounted rates and additional benefits for those who serve in these roles. To learn more and take advantage of these offers, interested individuals can contact the designated help centers or visit the FAQ page on the FOX News website. With this initiative, FOX News continues to show their support for those who serve and protect their communities.
The Brihanmumbai Municipal Corporation (BMC) exceeded expectations by collecting Rs 6,172 crore in property tax in the financial year 2024-25. This marks a 30% increase compared to the previous year and is the highest ever collection for India's largest civic body. BMC officials attribute the success to consistent follow-ups, enhanced recovery measures, and citizen compliance. Despite facing financial strain, tax rates in Mumbai have remained unchanged since 2015, leading the BMC to explore other revenue sources.
Following a long wait, the Staff Selection Commission (SSC) has finally declared the final results of the Combined Graduate Level Examination (CGL) 2024,which was held on 12.03.2025. Out of 1267 candidates whose results were withheld, the SSC has released the scores for 219 candidates on its official website. The remaining results are still pending for further scrutiny, and candidates can check their scorecards by logging into the website using their registration number and password.
In a major move to revive the struggling telecom company Vodafone Idea (Vi), the Indian government has decided to convert an additional Rs 36,950 crore of the company's dues into equity, bringing the government's total stake in the company to nearly 49%. This follows a previous infusion of Rs 6,133 crore in equity in February 2023. With this takeover, the government becomes the single-largest shareholder in Vi and will continue to have operational control of the company. However, this decision has raised concerns about potential losses for taxpayers, as the government will have to acquire these shares at a premium of more than 47%.