Big corporates kill another organisation just because it's competing with their business: Ratan Tatan

The Chairman Emeritus of Tata Sons and Chairman of Tata Trusts, Ratan Naval Tata has said that he has always been concerned about how big businesses and corporations are killing another organisation. Tata said that it is important to work for the benefit of others and it has always bothered him when a company buys another company just to bury them. Tata added that one should be happy about another company or person`s prosperity which he called, "the closest definition of happiness."

"Big businesses and corporations think nothing of killing another organisation because it`s competing with their business. Companies are known to buy out other companies just to bury them in a drawer. That has always bothered me. So, if you can live with feeling happy about another company or another person's prosperity, then that would be the closest definition of happiness," he said.

Elaborating on the point, Tata said that while some people are good at causing misery, he feels happy by seeing someone else`s happiness.

“Some people excel in seeing or causing misery. I get euphoric in seeing somebody's happiness. Even if it's a person selling vegetables on the side of the road, if there's humour or happiness on their faces, that makes me happy," he said.

Tata also advises the young to do the right thing against all odds. "Doing the right thing may be the more difficult option, but it`s still the better option," he said.

Tata also added that he is worried about the disappointment he might cause by shutting the door on people.

"I just have a problem shutting the door on people. I would like to see them happy. So, to say that I don't have the time to see someone and think about the disappointment that that might cause, bothers me," he said.

Tata also gave himself low scores on treating employees fairly because sometimes compromises were required for the organisation.