Abid: You confused by not adding 'Ratan' before 'Tata'. Thus Tata is not retracting anywhere but Ratan Tata is quitting. This is not so unusual. Tata group is not a family concern like Birlas, and Reliance. This is a professional group. A few years back, Rusi Modi has quit. Now Ratan will quit. Everyone should retire at some stage. I am sure Tata group will continue to perform well.
G. K. Ajmani Tax consultant http://gkajmani-mystraythoughts.blogspot.com/