22-Jul-2010 Source: Live Mint
Ratan Tata, head of the Tata group, is set to be the chairman of the country’s first private helicopter assembly line, Indian Rotorcraft Ltd. The firm is a joint venture (JV) between holding company Tata Sons Ltd and Italy-based Finmeccanica SpA’s helicopter unit AgustaWestland. The Tata group has a 74% stake.