Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the Tata Group said in a statement late on Wednesday.

Ratan Tata—a former chairman of Tata Group who led the Indian megacompany through multiple significant international acquisitions—died at age 86, the group announced Wednesday. Tata took over the conglomerate in 1991 and led it for 21 years.

Ratan Tata, former chairman of India’s oldest conglomerate Tata Sons, has died at age 86 in a hospital, his company says

NEW DELHI -- Ratan Tata, a former chairman of India’s oldest conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was 86. Tata Sons chairman N Chandrasekaran confirmed Tata’s death and described him as his “friend, mentor, and guide” in a statement.

Ratan Tata, chairman emeritus of one of India's biggest conglomerates, Tata Sons, is in critical condition in intensive care at a Mumbai hospital, two sources with direct knowledge of the matter told Reuters on Wednesday.

The patriarch of a powerful family, his Tata Group put an indelible stamp on Indian life while acquiring British brand names like Tetley Tea and Jaguar.

Ratan Tata, the businessman who inherited one of India’s oldest conglomerates and transformed it through a string of eye-catching deals into a global empire, has died. He was 86.

Indian industrialist Ratan Tata, who is credited with transforming the Tata Group into a globally renowned conglomerate, has died at age 86, the company said late Wednesday."It is with a profound sense of loss that we bid farewell to Mr Ratan Naval Tata,

Ratan Tata, chairman emeritus of Indian conglomerate Tata Group, said on Monday that he was undergoing age-related medical investigations and that rumours circulating about his health were unfounded.

Ratan Tata, the former chairman of Tata Sons, reassured his followers on Instagram that he's fine after rumors of his hospitalization for low blood pressure spread. He clarified that he is undergoing routine medical check-ups.

Ratan Tata said that health rumors about him are unfounded and he is undergoing routine medical check-ups due to age-related conditions.