Mumbai, Oct. 10 -- Ratan Naval Tata, Chairman emeritus of one of India's biggest salt-to-software conglomerates Tata Sons, passed away at 86 in Mumbai's Breach Candy Hospital. Just on Monday, the industrialist in a social media post dismissed speculation about his health and said he was undergoing routine medical investigations due to his age.

In 2008, he received the Padma Vibhushan, the second-highest civilian honour in India, after receiving the Padma Bhushan, the third-highest civilian honour in 2000.

In a late-night statement on Wednesday, N. Chandrasekaran, Chairman of Tata Sons, announced the death of Ratan Tata, hailing the industrialist's unwavering commitment to excellence, integrity and innovation.

"It is with a profound sen...