Ratan Tata, the former chairman of the Tata Group, has died at age 86, according to a statement from the company. This is a developing story and will be updated when more information becomes available.

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, a former chairman of Indian conglomerate Tata Sons hailed as a visionary business leader, died at a Mumbai hospital on Wednesday night. He was 86.Tata Sons chairman N Chandrasekaran confirmed Tata's death and described him in a statement as his "friend,

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.

Tata was internationally renowned as a visionary leader and philanthropist who sought to improve the lives of millions.

Ratan Tata, chairman emeritus of Tata Sons, attends an event where he was inducted into the 2015 Automotive Hall of Fame in Detroit, Michigan July 23, 2015. REUTERS/Rebecca Cook/File Photo (Reuters) - Ratan Tata,

Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was 86. Tata Sons chairman Natarajan Chandrasekaran confirmed Tata's death and described him in a statement as his "friend,

Ratan Tata, a former chairman of Indian 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 in a statement as his “friend,

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,