Ratan Tata Passes Away: Billionaire Mukesh Ambani, chairman and managing director of Reliance Industries, mourned the loss of Ratan Tata, former head of India’s biggest conglomerate Tata Group, on Wednesday, October 9, saying that ‘India has lost one of her most kind-hearted sons’. Ambani took to microblogging platform ‘X’ (formerly Twitter), saying, “It is a very sad day for India and India Inc. Ratan Tata’s passing away is a big loss, not just to the Tata Group but to every Indian.” Ambani added that, at a personal level, Ratan Tata’s passing has filled him with immense grief, as he lost a dear friend. “Each of my numerous interactions with him left me inspired and energised and enhanced my respect for the nobility of his character and the fine human values he embodied,” he said. “Ratan Tata was a visionary industrialist and a philanthropist who always strove for society’s greater good. With the demise of Mr Ratan Tata, India has lost one of her most illustrious and kind-hearted sons. Mr Tata took India to the world and brought the best of the world to Bharat. He institutionalised the House of Tata and made it an international enterprise growing the Tata group over 70 times since the time he took over as Chairman in 1991,” said Ambani. “On behalf of Reliance, Nita and the Ambani family, I send my heartfelt condolences to the bereaved members of the Tata family and the entire Tata Group. Ratan, you will always remain in my heart. Om Shanti. Mukesh Ambani,” wrote the Reliance chief in his post on ‘X. Members of India Inc., including top businessmen Anand Mahindra, Harsh Goenka, Gautam Adani, Sunder Pichai, and other celebrities, mourned the Titan’s death. Prime Minister Narendra Modi also took to ‘X’ and cherished his fond memories with the Tata Group’s patriarch. PM Modi said, “Shri Ratan Tata Ji was a visionary business leader, a compassionate soul and an extraordinary human being. He provided stable leadership to one of India’s oldest and most prestigious business houses. At the same time, his contribution went far beyond the boardroom. He endeared himself to several people thanks to his humility, kindness and an unwavering commitment to improving our society.” Ratan Tata breathed his last on Wednesday after being in critical condition at the intensive care unit at Mumbai’s Breach Candy Hospital. He was 86 years old. Earlier this week, the business tycoon said he was undergoing routine medical investigations due to age and related medical conditions. As chairman for over two decades, beginning in 1991, Tata rapidly expanded the 156-year-old business house. It now has operations in more than 100 countries and clocked $165 billion in revenue for the year ended March 2024. During the 21 years Ratan Tata led the Tata Group, revenues grew over 40 times, and profits over 50 times. MORE INFORMATION : https://24onlive.in/latest-news-big-loss-not-just-to-tata-group-but-to-every-indian-reliance-chairman-mukesh-ambanis-heartfelt-tribute-to-ratan-tata/

Latest Market News: Israeli military says Hezbollah’s logistics chief Suhail Hussein Husseini killed in Beirut airstrike. Find details here Suhail Hussein Husseini, the head of Hezbollah’s logistical unit, was killed during airstrikes in Beirut on Monday, Israeli Defence Forces (IDF) claimed on Tuesday. Suhail Hussein Husseini, the head of Hezbollah’s logistical unit, was killed during airstrikes in Beirut on Monday, Israeli Defence Forces (IDF) claimed on Tuesday. According to the IDF, Husseini was not only in charge of Hezbollah’s logistics and budgeting of its various units but also a member of the Jihad Council, the terror group’s top military body. The Israeli military shared details of the operation, stating that a strike under the precise direction of the intelligence division killed Husseini in a compound in Beirut on Monday. Taking to microblogging platform X, the Israeli military posted, “The IDF killed Sohil Hossein Hosseini, the head of the Hezbollah’s logistical headquarters. Yesterday, under the precise direction of the Intelligence Division, Air Force fighter jets targeted the Beirut area and killed Sohil Hossein Hosseini, the head of the Hezbollah terrorist organisation.” “Husseini played a crucial role in weapon transfers between Iran and Hezbollah and was responsible for distributing the advanced weaponry among Hezbollah’s units, overseeing both the transportation and allocation of these arms,” the IDF said. Israel claimed that the Hezbollah commander was also coordinating “terrorist attacks against the State of Israel from Lebanon and Syria.” There was no immediate comment from Hezbollah. Meanwhile, Iran again warned Israel on Tuesday against any attacks on the Islamic Republic, a week after Tehran fired a barrage of missiles at it, putting the Middle East on edge. “We recommend the Zionist regime (Israel) not to test the resolution of the Islamic Republic. If any attack against our country takes place, our response will be more powerful,” Reuters quoted Iran’s foreign minister Abbas Araghchi in a televised speech. Any attack on Iran’s infrastructure will be met with a stronger retaliation, and “our enemies know what kind of targets inside the Zionist Regime (Israel) are in our reach,” Araqchi added. MORE INFORMATION : https://24onlive.in/latest-market-news-israeli-military-says-hezbollahs-logistics-chief-suhail-hussein-husseini-killed-in-beirut-airstrike-find-details-here/

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