Ratan Tata Bribe: Asked to Pay 15 Crore

Ratan Tata Bribe: Asked to Pay 15 Crores

Ratan Tata' is the chairman of TATA Sons, The key holding company of TATA Group. He is the legendary leader in the Indian History.

According to Economic Times,

Responding to questions about how he succeeded without without compromising ethics and values after delivering a lecture on 'India in 21st Century: Opportunities and Challenges' here, Tata, 72, said he did not have a methodology in this regard, but went on to narrate the entire history of how Tatas failed to re-enter the aviation business.

Tata Group Chairman Ratan Tata on Monday said he did not enter the airline business as he was not comfortable with the idea of bribing a minister, as had been suggested by an industrialist.
He regretted that despite being a pioneer in the airline industry, the group faced enormous problems in setting up a domestic airlines in collaboration with Singapore Airlines.
"We approached three Prime Ministers also. But an individual thwarted our efforts to form the airlines," Tata said, recalling how he spurned the suggestion by a fellow industrialist.
He, however, did not name the individual. Amid Tatas' efforts to set up a joint venture with Singapore Airlines, a fellow industrialist had said: "You are stupid people. The Minister was asking for Rs 15 crore. Why didn't you pay the money?"
Narrating the incident, Tata said, "I did not want to go to the bed knowing well that I set up an airlines by paying Rs 15 crore."

Well, let me tell you that the previous chairman of TATA Group, JRD Tata was the pioneer of airline industry of India – TATA Airlines which he founded in 1930 which was later on taken over in 1950 by Indian government and now it is Air India.

This is very shame thing. TATA Group is the pioneer of the India’s first airlines and now it is being asked for a bribe to re-enter the industry.

Current Civil Aviation Minister Praful Patel told to NDTV that,

"any foray" by Tatas into the civil aviation  sector, a day after Ratan Tata said he did not enter the airline business as he was not comfortable with the idea of bribing Rs. 15 crore to a minister.
"The Civil Aviation Ministry will welcome and objectively look into any foray by Tatas in the civil aviation sector," he said in New Delhi.
Responding to Ratan Tata's statement that he was asked to pay a bribe of Rs. 15 crore to get into the civil aviation sector, Patel said, "It is unfortunate that Mr Tata had a bad experience in the past."