Rumors of Ratan Tata's retirement from the international corporation he helms as CEO have been buzzing around the internet for over a year, but they've recently been lent a little credence. According to BBC News, Tata Group has assembled a five-person panel to find a suitable successor to the company's throne. It had previously been suggested that the 79-year-old Tata would retire by the end of 2012. The panel hopes to locate a new CEO by March of next year, providing a bit of overlap between th
An historic event will take place at the start of the 2009 Formula 1 season as Italian Ferrari grand prix cars will be emblazoned with the logos of an Indian automaker for the first time ever. Tata Motors, a subsidiary of the Tata Group, has purchased rights to sponsor Ferrari's F1 racing efforts. Details of the duration and the dollar amount have yet to be revealed. This isn't the first time Tata has been involved with F1, however. A few years back, it was a sponsor of both Jordan and Williams'