Date:14/07/2007 URL: http://www.thehindubusinessline.com/2007/07/14/stories/2007071450430200.htm

Back Ratan Tata becomes LSE Honorary Fellow

Our Bureau

Mumbai, July 13 Mr Ratan Tata, Chairman of Tata Sons, was made an Honorary Fellow of the London School of Economics and Political Science at a function held on Thursday.

Honorary fellowships are awarded by LSE each year to people who have attained distinction in the arts, science, or public life, or who have rendered outstanding services to the School or its concerns. Professor Lord Desai, of LSE’s Centre for the Study of Global Governance, read the oration for Mr Tata at the ceremony, held in London’s Peacock Theatre.

The ceremony also marked the graduation of around 250 management, law, and international relations students.

‘Manifold achievements’

Professor Desai said, “We honour Ratan Tata for his manifold achievements in the fields of entrepreneurship, industrial leadership, building up the knowledge economy in India and, in the larger international context, his work for charity and his humanity.

Tata is an iconic name in India and now, thanks to Ratan Tata’s efforts, around the world. He took over Tata Sons and has enhanced the efficiency and economic influence of that century-old firm by innovations and managerial reforms, while continuing to build on the Tata tradition of investing in education.”

Mr Ratan Tata said, “I am greatly honoured to receive this prestigious recognition from the London School of Economics. Over the years, LSE has graduated economists and policy makers who have played an important part in influencing policy and governance of many developing countries.

“This honorary fellowship from the LSE is an honour that I value greatly.”