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Ratan Tata Among Biggest Brains in Business, Says US

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  • mindbody, on 05/13/2008, -0/+0Ratan Tata among biggest brains in business, says US magazine. After being

    chosen as one of the most influential people in the world by Time magazine,

    Ratan Tata of Indian conglomerate Tata Group has been named among the

    biggest brains in business by another US publication.

    The list of '73 Biggest Brains in Business', compiled by business publication

    Conde Nast Portfolio, features Tata for his 2,500 dollar car--Nano, along with the
    likes of media mogul Rupert Murdoch and chief executive of investment bank

    Goldman Sachs Lloyd Blankfein.

    "Brilliance comes in many forms, whether it is founding a startup that kicks sand

    in Microsoft's face or creating an affordable car for the developing world. A small

    number of innovators influence the rest of the influencers in business," the

    magazine said in the accompanying report.

    The list published in the latest issue of the magazine is further classified into five

    groups -- game changers, connectors, tastemakers, rebels and upstarts.

    About Tata, the magazine said that he believes the future of the auto industry

    rests in the hands of people who do not yet drive.

    Tata Group, which recently snapped up British luxury brands Jaguar and Land

    Rover, has unveiled Tata Nano -- the world's cheapest car.

    "The model won't be sold in the US but has the potential to radically alter the

    market for manufacturers here. Tata-inspired followers are already revving up

    their engines: Nissan-Renault partnering with India's Bajaj Auto to develop a car

    by 2010 that will sell for less than 3,000 dollars.

    "But except for Ford India, US companies can't produce a model this cheaply.

    Which means they risk being run over," the magazine noted.

    Last week, Time magazine had named Ratan Tata as one of the 100 most

    influential people in the world.
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