On Monday, SMU conferred an honorary degree of Doctor of Business on India's leading industrialist Mr Ratan Tata for his achievements as a visionary entrepreneur and a societal leader. In his acceptance speech, Mr Tata said: "I am pleased to receive this award from the Singapore Management University. I am happy to deepen my relationship with Singapore, and for this opportunity to be able to further engage, nurture and inspire bright university students in Asia to be responsible business leaders who will lead the way in global development in future." SMU said close to 100 varsity students have benefited from internship opportunities in the Tata Group's companies over the last nine years through the SMU-Tata relationship.