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.

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.

India bade farewell on Thursday to one of its most respected corporate leaders - Ratan Tata, who expanded companies under his brand name into a global behemoth spanning multiple industries. Ahead of a state funeral,