Industrialist Ratan Tata passes away at 86

Mumbai: Veteran industrialist Ratan Tata died at a Mumbai hospital late on Wednesday night, a top police official told PTI.

The chairman emeritus of the Tata group was 86.

Tata Sons chairman N Chandrasekaran, in a statement, confirmed the death of Tata, and described him as his "friend, mentor and guide".

For the past few days, he was admitted to the Breach Candy Hospital in south Mumbai.

Billionaire Harsh Goenka also tweeted about Tata's demise, calling him a "titan".

Tata was admitted to Mumbai's Breach Candy Hospital for age-related ailments. Towards the evening, it was reported that his health condition was critical.