Jocey Lyn
Two questions I just read a passage from The Economist. It discusses the chaotic situation Tata Group(a multinational and holding company headquartered in India) is facing, and comes up with a plan to sort things out. Question 1: Its title: "Tata Group Ratantrum One of Asia’s most important firms has descended into chaos. Its patriarch, Ratan Tata, is largely to blame" What does "Ratantrum" mean? I know that Ratan Tata is the chairman of the group and it's up to him to resolve the mess. So is "-trum" a suffix?? Question 2: "As accusations fly over dodgy accounting and unethical deals, the odds are rising of an investigation by regulators. And if Tata drifts, its numerous weak and loss-making firms could eventually pull the entire group under." What does "drift" mean? Thank you!
Dec 9, 2016 1:39 PM
Answers · 4
1
I think they are making a play on words, combining "Ratan" + "tantrum." But hard to be positive without more context. Same with the second one - I know what "drift" means but not sure in this context, other than that it's something bad. Maybe someone with more business knowledge can explain.
December 9, 2016
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