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After boardroom victory, Ratan Tata to return to start-ups this month

Tata has invested in over 20 start-ups

Tata Sons Interim Chairman Ratan Tata, with students unveils the Team Indus foundation’s Moonshot Vehicle in Bengaluru on Tuesday. Photo: PTI
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Tata Sons Interim Chairman Ratan Tata, with students unveils the Team Indus foundation’s Moonshot Vehicle in Bengaluru on Tuesday. Photo: PTI

Alnoor Peermohamed Bengaluru
Having re-established his sway over boardrooms of the Tata group companies, Ratan Tata will return to start-ups, in which he has invested, from February 23. On Tuesday, as a precursor to his return, he said the country should remain an open market but regulations were necessary to curb unfair competition.

Tata Consultancy Services Chief Executive Officer (CEO) N Chandrasekaran will take over as the chairman of Tata Sons on February 21. Tata has invested in 20 start-ups, including Urban Ladder, Ola, MadRat Games, NestAway and Snapdeal.

Responding to a query on protectionism and capital dumping on Tuesday, he said, “The