![www.csrajivbajaj.com
Naval Tata
Naval Hormusji Tata (30 August 1904 - 5 May 1989) was adopted son of Sir
Ratanji Tata and a noted industrialist of the Tata group. He is the father of
Ratan Tata and Noel Tata.
Early life
He was born in Bombay on 30 August 1904 in a middle class Parsi family.
Naval was only four years old when he lost his father in 1908, who was a
Spinning Master in the Advanced Mills at Ahmedabad. After death of his father
family shifted to Navsari, where the family survived on modest resources that were supplemented by his
mother’s income from embroidery work. The young Naval was later put in as boarder at the J. N. Petit
Parsi Orphanage by family friends in an effort to support the family. In a fortunate turn of event, which
changed Naval's fortune and life was when Navajbai wife of Ratanji Tata adopted Naval while he was still
at the orphanage. Naval was 13 when he was adopted by Lady Ratanji Tata. Naval later graduated from
Bombay University in Economics and proceeded to London for a short course in Accountancy. He never
forgot his past and once said: I am grateful to God for giving me an opportunity to experience the pangs of
poverty, which more than anything (else) moulded my character in later years of my life.
Business career
In 1930, he joined the Tata Sons as a despatch clerk-cum-assistant secretary and soon rose to be the
Assistant Secretary of Tata Sons Ltd. In 1933, he became the Secretary to the Aviation Department and five
years later, he joined as an executive in the Textiles Department. Soon he proved his merit and in 1939 he
became the Joint Managing Director of the Tata Mills - the controlling company of the textile mills run by
Tatas and became its Managing Director in 1947. On February 1, 1941, he became a Director of Tata Sons.
He took over as the Managing Director of Tata Oil Mills Co Ltd in 1948. He was also the chairman of the
Ahmedabad Advance Mills, a Tata group company based at Ahmedabad. Over the years he became
Chairman of the other textile mills and the three electric companies. From an active director he later
became the Deputy Chairman of Tata Sons. He was directly responsible for the management of the three
Tata electric companies, the four textile mills and the Sir Ratan Tata Trust. He was the longest serving
colleague and close associate of JRD Tata on board of Tata Sons. He also served as a director of Bank of
Baroda with Tulsidas Kilachand, Rameshwar Das Birla, Arvind Mafatlal and others.
Naval Tata went on to become an internationally recognized authority in labor relations, becoming a
member of the International Labor Organization's governing body in 1949. His involvement with the
International Labour Organisation for over three decades was very fruitful for India. Naval holds the
record of being elected to the governing body of the International Labor Organization thirteen times. He is
founder of ILO's family planning programme.[6] He is author of reports like - In Pursuit of Industrial
Harmony: An Employer's Perspective by Naval H. Tata (1976), A Policy for Harmonious Industrial
Relations (1980), On Wage Problem and Industrial Unrest by Naval H. Tata, C. V. Pavaskar, B. N.
Srikrishna (1982). In 1966, he had been appointed a member of the Labour Panel of the Planning
Commission set up by the Union Government.
Awards
Naval was awarded, the Padma Bhushan by the President of India on Republic Day, 1969. The same year
he was given recognition for his role in industrial peace and awarded, the Sir Jehangir Ghandy Medal. He
was conferred with the life membership of the National Institute of Personnel Management.](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recommended
More Related Content
Viewers also liked
Similar to Newsletter dated 2nd November, 2015
Similar to Newsletter dated 2nd November, 2015 (20)
More from Rajiv Bajaj
More from Rajiv Bajaj (20)
Recently uploaded
Recently uploaded (20)
Newsletter dated 2nd November, 2015
- 1. www.csrajivbajaj.com c THOUGHT OF THE DAY THOUGHT OF THE DAY "The mark of a great man is one who knows when to set aside the important things in order to accomplish the vital ones..." Law Updates: Revenue Secretary Hasmukh Adhia has said that the Indian government is likely to cut corporate tax to 25 percent from 30 percent before the previous deadline of four years, and will provide a roadmap for ending corporate tax exemptions shortly. MCA has notified new Form AOC-4 CFS (Form for filing consolidated financial statements and other documents with the Registrar) and is available for filing w.e.f 1st Nov 2015. Further, versions of forms AOC-4 (XBRL) and AOC-4 attachments has modified w.e.f 1st Nov 2015. Apex Court has directed RBI not to grant any permission to any foreign law firm, on or after the date of the interim order, for opening of Liaison Office (LO) in India till the final disposal of the matter. The Union Commerce Ministry has reportedly requested the Enforcement Directorate (ED) and the Reserve Bank of India (RBI) to examine whether e-commerce firms like Flipkart, Amazon and Snapdeal have violated FDI rules by engaging in business to consumer activities. PROFESSIONALS INPUTS: RBI vide Press Release dated 02 November, 2015 informed that Shri Deepak Singhal has taken over as the new Executive Director at the Reserve Bank of India. Government releases FAQs on Sovereign Gold Bond Scheme 2015. Vide Circular No. 28 of 2015-16 dated 30.10.2015 , last date for filing of reconciliation return under DVAT has been further extended to 12 December, 2015. Vide Circular No.1011/18/2015-CX dated 30.10.2015: CBEC has clarified regarding Self-sealing and self-Examination of Bulk cargo MARKET WATCH: SENSEX: 26432.07 -224.76 NIFTY: 8008.65 -57.17 SILVER: 36423.00 -67.00 GOLD (MCX): 26512.00 13.00 USD/INR: 65.48 0.21 CRUDE OIL: 3055.00 -13.00 CS Rajiv Bajaj 9811453353 Bajajr66@gmail.com youtube.com/csrajivbajaj https://www.facebook.com/Rajiv 1Bajaj http://www.csrajivbajaj.com Date: 2nd November, 2015
- 2. www.csrajivbajaj.com Naval Tata Naval Hormusji Tata (30 August 1904 - 5 May 1989) was adopted son of Sir Ratanji Tata and a noted industrialist of the Tata group. He is the father of Ratan Tata and Noel Tata. Early life He was born in Bombay on 30 August 1904 in a middle class Parsi family. Naval was only four years old when he lost his father in 1908, who was a Spinning Master in the Advanced Mills at Ahmedabad. After death of his father family shifted to Navsari, where the family survived on modest resources that were supplemented by his mother’s income from embroidery work. The young Naval was later put in as boarder at the J. N. Petit Parsi Orphanage by family friends in an effort to support the family. In a fortunate turn of event, which changed Naval's fortune and life was when Navajbai wife of Ratanji Tata adopted Naval while he was still at the orphanage. Naval was 13 when he was adopted by Lady Ratanji Tata. Naval later graduated from Bombay University in Economics and proceeded to London for a short course in Accountancy. He never forgot his past and once said: I am grateful to God for giving me an opportunity to experience the pangs of poverty, which more than anything (else) moulded my character in later years of my life. Business career In 1930, he joined the Tata Sons as a despatch clerk-cum-assistant secretary and soon rose to be the Assistant Secretary of Tata Sons Ltd. In 1933, he became the Secretary to the Aviation Department and five years later, he joined as an executive in the Textiles Department. Soon he proved his merit and in 1939 he became the Joint Managing Director of the Tata Mills - the controlling company of the textile mills run by Tatas and became its Managing Director in 1947. On February 1, 1941, he became a Director of Tata Sons. He took over as the Managing Director of Tata Oil Mills Co Ltd in 1948. He was also the chairman of the Ahmedabad Advance Mills, a Tata group company based at Ahmedabad. Over the years he became Chairman of the other textile mills and the three electric companies. From an active director he later became the Deputy Chairman of Tata Sons. He was directly responsible for the management of the three Tata electric companies, the four textile mills and the Sir Ratan Tata Trust. He was the longest serving colleague and close associate of JRD Tata on board of Tata Sons. He also served as a director of Bank of Baroda with Tulsidas Kilachand, Rameshwar Das Birla, Arvind Mafatlal and others. Naval Tata went on to become an internationally recognized authority in labor relations, becoming a member of the International Labor Organization's governing body in 1949. His involvement with the International Labour Organisation for over three decades was very fruitful for India. Naval holds the record of being elected to the governing body of the International Labor Organization thirteen times. He is founder of ILO's family planning programme.[6] He is author of reports like - In Pursuit of Industrial Harmony: An Employer's Perspective by Naval H. Tata (1976), A Policy for Harmonious Industrial Relations (1980), On Wage Problem and Industrial Unrest by Naval H. Tata, C. V. Pavaskar, B. N. Srikrishna (1982). In 1966, he had been appointed a member of the Labour Panel of the Planning Commission set up by the Union Government. Awards Naval was awarded, the Padma Bhushan by the President of India on Republic Day, 1969. The same year he was given recognition for his role in industrial peace and awarded, the Sir Jehangir Ghandy Medal. He was conferred with the life membership of the National Institute of Personnel Management.