This is with reference to stories in the Indian media today. The stories are based on an interaction of Mr Tata with The Times UK. The news item is misleading and mischievous.
At the onset we would like to convey our disappointment at the attempt to sensationalise and replay conversations out of context.
We would like to specifically clarify two issues:
1. The Times newspaper in London yesterday reported an interview with Mr Ratan Tata, Chairman of Tata Sons, which took place two months ago. In the interview Mr Tata speaks about the management ethos of Corus and Jaguar Land Rover at the time of acquisition. He says that managers’ work ethic at that time was not to “go the extra mile” and to leave early on Friday afternoons.
The comments were not about the company managers today and Mr Tata makes clear in the interview that new management at Corus and Jaguar Land Rover has eliminated those practices.
We wish to make clear The Times claims that Mr Tata said British managers were “lazy” is misrepresentation. At no stage in the interview did Mr Tata make this comment.
2. We would also like to clarify on stories in Indian media regarding Mr Ambani’s home. The report is out of context and factually incorrect. Mr Tata’s comments on wealth are in the larger context of the growing disparity in the society. The comments seem to have been deliberately sensationalised.
There have been words, individuals and statements that have not been mentioned by Mr Tata during the course of the interaction which are being attributed to him. We have already registered our protest with the concerned publication and will continue to pursue measures against the incorrect impressions being sought to be created.
– Tata Sons spokesperson
The Times of India’s Sunday edition — Sunday Times, published by Bennett Coleman & Co. Ltd., had also carried the controversial story from London dateline, titled — “It’s sad Mukesh lives in such opulence: Tata”. Image Below: