Mumbai: Ratan Tata, the revered 86-year-old former chairman of the Tata Group, passed away at Breach Candy Hospital on Monday due to age-related health complications. His demise marks the end of an era for the Indian business world.

Tata, known for his integrity, leadership, and philanthropy, was a towering figure in Indian industry. He was admitted to the hospital recently, where he was undergoing treatment.

Confirming the news, Harsh Goenka, Chairman of RPG Enterprises, took to social media to express his condolences. In a heartfelt tweet, Goenka said, "The clock has stopped ticking. The Titan passes away. #RatanTata was a beacon of integrity, ethical leadership, and philanthropy, who has imprinted an indelible mark on the world of business and beyond. He will forever soar high in our memories. R.I.P."

More details on the funeral arrangements are awaited as the nation mourns the loss of one of its greatest icons.

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Mumbai: With the passing of Ratan Tata at the age of 86, speculation has emerged about the future leadership of the Tata Group. Among the most prominent names being considered is his half-brother, Noel Naval Tata. Having been associated with the conglomerate for over four decades, Noel Tata currently serves as Chairman of Trent, Tata International Limited, Voltas, and Tata Investment Corporation, and Vice Chairman of Tata Steel and Titan Company Limited.

Ratan Tata, the former chairman and chairman emeritus of Tata Sons, passed away on Wednesday night at Breach Candy Hospital. He was admitted earlier this week for routine checkups but was moved to the intensive care unit on Wednesday. The Tata Group confirmed his demise through an official statement.

Noel Tata’s extensive experience and leadership roles within the group have positioned him as a likely successor.