Ratan Tata bought Jaguar Land Rover from Ford years after being humiliated
Ratan Tata had approached Ford Motors in 1999 to sell Tata Group's car business after Indica's poor performance. Ford officials reportedly humiliated Tata during the meeting, saying he didn't know anything about cars and Ford would be doing a favour by buying it. When recession hit Ford in 2008, Tata bought  iconic Jaguar and Land Rover brands for $2.3 billion.