• Sign Up
  • |
  • Sign In Sign Out
  • |
  • Make us your home
  • |
  • RSS
1 2
1 15
1 4
1 9
1 13
1 14
IPO
1 25
1 5018
SME
1 5018
  • DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q3
  • GOLDMAN SACHS DOWN 1.6%, GE DOWN 1.1%, CISCO DOWN 1%, MERCK UP 3.2%
  • DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q2
  • DOW JONES FALLS FOR 3RD STRAIGHT DAY TO END LOWER BY 0.1% ON FRIDAY
  • NASDAQ DOWN 0.5%, S&P 500 INDEX LOWER BY 0.3% AT CLOSE ON FRIDAY
  • U.S MARKETS ENDED LOWER ON FRIDAY AS TECH STOCKS TOOK THE BIGGEST HIT
  • FOREIGN FUNDS NET SELL RS.463.89 CR IN EQUITIES ON NOVEMBER 20 (PROV)
  • MUTUAL FUNDS NET SELL RS.176.7 CR IN EQUITIES ON NOVEMBER 19
  • DII'S NET BUY RS.18.46 CR IN EQUITIES ON NOVEMBER 20 (PROV)
  • TO ENTER INTO CUSTOMIZED MOTOR CYCLE BIZ VIA PRO-BIKING SHOWROOMS
  • TO EXPAND PANTNAGAR CAPACITY TO 70,000 UNITS IN NEXT FEW MONTHS
  • AKER IS A NORWEGIAN SERVICE PROVIDER CO FOR OIL AND GAS OPERATIONS
  • AKER SOLUTIONS TO PROVIDE SUPPORT SERVICES IN KG BASIN
  • AKER BAGGED SUB SEA PRODUCTION ORDER FROM RIL IN 2006 ALSO
  • RELIANCE IND PLACES RS.115 CR ORDER WITH NORWAY'S AKER SOLUTIONS
  • PORTING CHARGES TO BECOME APPLICABLE FROM DECEMBER 31, 2009
  • MNP ALLOWS USERS TO CHANGE OPERATORS WHILE RETAINING MOBILE NOS
  • USERS TO PAY MAX OF RS.19 TO CHANGE OPERATOR WHILE RETAINING OLD NUMBER
  • TRAI COMES OUT WITH NUMBER PORTABILITY CHARGES
  • PUNJAB NATIONAL BANK PLANS TO RAISE RS 700 CR BY SELLING BONDS
  • TATA TELE-QUIPPO OFFERING BETTER SERVICING DEAL FOR TOWERS: SOURCES
  • GTL BID 10-15% HIGHER THAN TATA-QUIPPO: SOURCES
  • DEAL VALUED AT AROUND RS.6000 CR : SOURCES
  • GTL FRONTRUNNER IN RACE FOR AIRCEL'S TOWER BIZ: SOURCES
  • UNDERWEIGHT ON THE TELECOM SPACE; BULLISH ON I.T., BANKING STOCKS
  • PROMOTERS PLEDGE 1.8% ADDL STAKE; TOTAL PLEDGED SHARES AT 28.28%: NW
  • RUPEE CLOSES AT 46.62/$ VS 46.68/$ ON NOVEMBER 19
  • LONG ONLY HEDGE FUNDS LIKELY TO RAISE EQUITY EXPOSURE IN COMING MONTHS
  • CONSENSUS DECISION OF THE UPA GOVT TO SCRAP CLAUSE 3B FROM THE SUGAR POLICY
  • SUGAR MILLS TO PAY FRP, SAP DIFFERENCE
Updated: 02/09/2008 | 08:39 AM IST
Bata shoe mogul dies in Toronto
Press Trust of India
Tuesday, September 02, 2008 (Toronto)
Comments:
Read (0)
Thomas Bata, owner of global shoe corporation, a house hold name in India that bears his name, died in Toronto at age 93.

A spokesperson of Bata Shoe Museum, said Bata died early yesterday morning in Sunnybrook Hospital only weeks before his 94th birthday.

She did not give cause of his death. She said a company statement will be issued later. Funeral arrangements were not immediately known.

Bata is survived by his wife, Sonja, a son and three daughters.

Bata came to Canada to make his mark, he had said some years ago. "I wanted to do something where I could say OK, now this enterprise I built on my own. Canada was the one country that I selected for this experiment."

By 1940, the Batawa plant was in business. And after 1945, when the Czech factories were nationalised by the Communists, the company headquarters was relocated to Toronto under Bata's leadership. Toronto is home to the Bata Shoe Museum, a four-storey structure with 10,000 shoes.

The company returned to the Czech Republic in 1989, after the Communist regime ended, nearly 100 years after the company was founded in 1894.

Thomas G Bata, a grandson of the founder, became chairman of the business in 2001.

Bata's father, Tomas, a ninth generation cobbler, founded the shoe empire in Zlin in 1894, which later swelled into the giant Bata Shoe Organisation. Thomas Bata ran the shoe company from the 1940s into the 1980s.

"One of the greatest personalities of our time has left," Czech President Vaclav Klaus said in a statement.

"Despite ill fortune in his homeland, he managed to succeed in the world and became for us a symbol of business success. We will all miss him," Klaus said.

Born September 17, 1914, in Czechoslovakia, Thomas Bata's life was buffeted by the worst horrors of the 20th century.

He exiled himself in Canada in 1938 when the rise of Nazism forced him to flee his homeland. Seven years later, having served with the Canadian army on the battlefields, he returned to his freshly liberated birthplace, but not for long.

When the communists took over the country after the WW-II, they seized his factory and declared Bata a capitalist evil.

"I found it very sad," Bata said in an interview in 2005, "because what we thought was liberation really became a dictatorship of the communists."

The regime gave the company a new name and it went on making shoes, but it was Bata, headquartered in Toronto that remained a byword for shoes.

Bata broadcast support to the dissident movement on Radio Free Europe and offered his business as a vision of what could be - "so that people would see that the democratic system, based on democratic economy, would be the most advantageous for them."

It took 40 years, but vindication finally came in 1989. As Eastern European communist dictatorships collapsed one by one, Vaclav Havel, the Czech dissident leader and playwright turned president, asked Bata to come back.

"Vaclav Havel sent me a message through my wife and said, 'Tom should come as soon as he can'," Bata recalled.

Cheering crowds greeted him at the airport in Prague.

Havel awarded him the country's top decoration, the Tomas Garrigue Masaryk Order, in 1991, and he also received high Slovak and Canadian decorations. He last visited the Czech Republic in June.

Besides his business activities, Bata also served as chairman of the Organisation for Economic Co-operation and Development's business and advisory committee on non-members.

His son Thomas George Bata took over the shoe company from him in 2001.

Comments:
Read (0)
Comments
 
Market Watch
         
Graphs
Stocks

                                Moremore
Stock Dashboard
Trading Calls
Rupal Saraogi
Rupal Saraogi
2.09% status
Current: Rs 1755.5
Simi Bhaumik
Simi Bhaumik
2.43% status
Current: Rs 2335.75
Stock Recos
The investors should remain invested in the stock
The investors can book partial profit and hold the remaining stock with a stoploss of closing below Rs 105
Buy or Sell
Today's Analyst: Neera Jain
Query : Sukhendu, an investor from Mumbai, has 500 Wockhardt at Rs 184/share.