Ratan Tata, the Chairman Emeritus of the Tata Group, who helped transform the conglomerate into a global powerhouse, passed away on late Wednesday night at the age of 86. Ratan Tata's demise, which has sent the whole country into mourning,

Ratan Tata, the chairman emeritus of one of India's biggest conglomerates, Tata Sons, is in critical condition and in intensive care in a Mumbai hospital, two sources said on Wednesday. Tata, 86, said on Monday he was undergoing routine medical investigations due to his age and related medical conditions.

Tata group stocks are in focus after the Group's Chairman Emeritus Ratan Tata passed away last night in a Mumbai hospital on Wednesday. The salt-to-software conglomerate's patriarch was 86 years old.