Tata Group Is An Indian: o o o o o o o

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Tata Group is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India.

[3] It encompasses seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. Tata Group was founded in 1868 by Jamsetji Tata as a trading company. It has operations in more than 80 countries across six continents. Tata Group has over 100 operating companies each of them operates independently out of them 32 are publicly listed.[4] The major Tata companies are Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan Industries, Tata Communications and Taj Hotels.[5] The combined market capitalisation of all the 32 listed Tata companies was $89.88 billion as of March 2012. Tata receives more than 58% of its revenue from outside India.[6] Tata Group remains a family-owned business, as the descendants of the founder (from the Tata family) owns majority stake in the company. The current chairman of the Tata group is Cyrus Pallonji Mistry, who took over from Ratan Tata in 2012.[7] Tata Sons is the promoter of all key Tata companies and holds the bulk of shareholding in these companies. The chairman of Tata Sons has traditionally been the chairman of the Tata group. About 66% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family. The Tata Group and its companies & enterprises is perceived to be India's best-known global brand within and outside the country as per an ASSOCHAM survey.[8] The 2009, annual survey by the Reputation Institute ranked Tata Group as the 11th most reputable company in the world.[9] The survey included 600 global companies. The Tata Group has helped establish and finance numerous quality research, educational and cultural institutes in India.[10][11] The group was awarded the Carnegie Medal of Philanthropy in 2007 in recognition of its long history of philanthropic activities.[12]

Contents
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1 History 2 List of Tata Group Chairmen 3 Subsidiaries 4 Acquisitions 5 Philanthropy 6 Controversies and criticisms o 6.1 Munnar, Kerala o 6.2 Kalinganagar, Orissa o 6.3 Dow Chemical, Bhopal Gas Disaster o 6.4 Supplies to Burmas military regime o 6.5 Land acquisition in Singur o 6.6 Dhamra Port o 6.7 Soda extraction plant in Tanzania 7 Recognition 8 See also 9 References

10 External links

[edit] History
The Tata Group was founded as a private trading firm in 1868 by entrepreneur and philanthropist Tata.[13] In 1902 the group incorporated the Indian Hotels Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year. After Jamsetjis death in 1904, his son Sir Dorab Tata took over as chair of the Tata Group. Under Dorabs leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932).[14] Following Dorabs death in 1932, Sir Nowroji Saklatwala became the groups chair. Six years later Jehangir Ratanji Dadabhoy Tata (J.R.D.) took over the position. His continued expansion of the company into new sectorssuch as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)earned Tata Group international recognition. In 1945 Tata Group established the Tata Engineering and Locomotive Company (TELCO) to manufacture engineering and locomotive products; it was renamed Tata Motors in 2003. In 1991 J.R.D.s nephew, Indian business mogul Ratan Naval Tata, succeeded him as chairman of the Tata Group.[15] Upon assuming leadership of the conglomerate, Ratan aggressively sought to expand it, and increasingly he focused on globalizing its businesses. In 2000 the group acquired London-based Tetley Tea, and in 2004 it purchased the truck-manufacturing operations of South Koreas Daewoo Motors. In 2001 Tata Group partnered with American International Group, Inc. (AIG) to create the insurance company Tata-AIG.

[edit] List of Tata Group Chairmen


Jamsetji Tata (18871904) Sir Dorab Tata (19041932) Nowroji Saklatvala (19321938) J. R. D. Tata (19381991) Ratan Tata (19912012) Cyrus Mistry (2012today)

[edit] Subsidiaries
Main article: List of entities associated with Tata Group

Bombay House, the head office of Tata Group

Tata Bus

Tata Nano

Packages of Tata Tea

HimalayanTata Mineral Water

Tata bus in Sri Lanka This section lists the Tata companies and details their business: Chemicals

Tata Chemicals Rallis India Tata Pigments Limited General Chemical Industrial Products Brunner Mond Advinus Therapeutics Magadi Soda Company

Consumer Products

Tata Salt I-shakti Casa Dcor Tata Swach Tata Global Beverages

Tata Tea Limited is the world's second largest manufacturer of packaged tea and tea products.

Eight O'Clock Coffee Tata Ceramics Infiniti Retail (Crom) Tetley Tata Coffee Tata Industries Titan Industries Trent (Westside) Tata Sky TajAir Tata International Ltd. Tanishq Tata Refractories Westland

Energy

Tata Power is one of the largest private sector power companies.

Tata BP Solar, a joint venture between Tata Power and BP Solar Hooghly Met Coke and Power Company Jamshedpur Utilities and Services Company Tata Power Delhi Distribution Ltd (Formerly Known as North Delhi Power Ltd) Powerlinks Transmission Tata Power Trading Tata Projects

Engineering

TAL Manufacturing Solutions Tata AutoComp Systems Limited (TACO) Hispano Carrocera Tata Motors, manufacturer of commercial vehicles (largest in India) and passenger cars o Jaguar Land Rover (Manager of Tata's British brands Jaguar cars and Land Rover o Tata Daewoo Commercial Vehicle Tata Projects Tata Consulting Engineers Limited Tata Cummins Telco Construction Equipment TRF Voltas, consumer electronics company Voltas Global Engineering Centre Tata Advanced Materials Tata Advanced Systems Tata Motors European Technical Centre Tata Petrodyne Tata Precision Industries Telcon Construction Equipment

Information Systems and Communications


Computational Research Laboratories INCAT Nelco Nelito Systems Tata Business Support Services Tata Consultancy Services Ltd. (TCS) is Asia's largest software company. Tata Elxsi Neotel Tata Interactive Systems Tata Technologies Limited Tata Teleservices Virgin Mobile India Tata Communications CMC Limited VSNL International Canada Tatanet, Managed connectivity and VSAT service provider

Tata Teleservices Tata Teleservices (Maharashtra)

Services

Tata Sons

TKM Global ( Logistics and Supply Chain ) www.tkmglobal.net


The Indian Hotels Company Ginger Hotels Roots Corporation Landmark Bookstores Tata Housing Development Company Ltd. (THDC) Tata Limited TATA AIG General Insurance TATA AIG Life Insurance Tata AG Tata Asset Management Tata Financial Services Tata Capital Tata International AG Tata Investment Corporation Tata Advanced Systems Limited Drive India Enterprise Solutions Mjunction services Tata Quality Management Services Tata Realty and Infrastructure Limited Tata Interactive Systems Tata Africa Holdings Tata AutoComp Systems Tata Industrial Services Tata NYK Tata Services Tata Strategic Management Group Taj Hotels

Steel

Tata Steel Tata Steel Europe Tata Steel KZN Tata Steel Processing and Distribution JAMIPOL NatSteel Holdings Tata BlueScope Steel Tata Metaliks Tata Sponge Iron Tayo Rolls The Tinplate Company of India

TM International Logistics

Core Sciences

Tata Institute of Fundamental Research Tata Institute of Social Sciences

[edit] Acquisitions

February 2000 Tetley Tea Company, $407 million[16] March 2004 Daewoo Commercial Vehicle Company, $102 million August 2004 NatSteel's Steel business, $292 million November 2004 Tyco Global Network, $130 million July 2005 Teleglobe International Holdings, $239 million October 2005 Good Earth Corporation December 2005 Millennium Steel, Thailand, $167 million December 2005 Brunner Mond Chemicals, $120 million June 2006 Eight O'Clock Coffee, $220 million November 2006 Ritz Carlton Boston, $170 million January 2007 Corus Group, $12 billion[17] March 2007 PT Kaltim Prima Coal (KPC) (Bumi Resources), $1.1 billion April 2007 Campton Place Hotel, San Francisco, $60 million January 2008 Imacid Chemical Company, Morocco[6] February 2008 General Chemical Industrial Products, $1 billion March 2008 Jaguar Cars and Land Rover, $2.3 billion March 2008 Serviplem SA, Spain April 2008 Comoplesa Lebrero SA, Spain May 2008 Piaggio Aero Industries S.p.A., Italy June 2008 China Enterprise Communications, China June 2008 Neotel, South Africa October 2008 Miljo Grenland / Innovasjon, Norway

[edit] Philanthropy
The Tata Group has helped establish and finance numerous quality research, educational and cultural institutes in India.[10][11] The Tata Group was awarded the Carnegie Medal of Philanthropy in 2007 in recognition of the group's long history of philanthropic activities.[12] Some of the institutes established by the Tata Group are:

Tata Institute of Fundamental Research Tata Institute of Social Sciences Indian Institute of Science National Centre for Performing Arts Tata Management Training Centre Tata Memorial Hospital Tata Football Academy Tata Cricket Academy Tata Trusts, a group of philanthropic organisations run by the head of the business conglomerate Tata Sons[18]

The JRD Tata Ecotechnology Centre The Energy and Resources Institute (earlier known as Tata Energy and Research Institute) a non governmental research institute.

The Tata Group has donated a Rs. 220 crore ($50 million) to the prestigious Harvard Business School (HBS) to build an academic and a residential building on the institutes campus in Boston, Massachusetts. The new building will be called the Tata Hall and used for the institutes executive education programmes.[19] The amount is the largest from an international donor in the business school's 102-year-old existence. The recent The Brand Trust Report,[20] 2011 has ranked TATA as the second most trusted brands of India. In a 2011 investor poll conducted by equity research firm Equitymaster, TATA Group was voted as the most trustworthy among the Indian corporate houses.[21] Over 61% of the respondents "showed their confidence in the Tata Group". The Tata Group retained its "Most Trustworthy" status in the 2012 edition of the poll.

Ratan Tata, the former chairman of Tata Group. One Tata project that brought together Tata Group companies (TCS, Titan Industries and Tata Chemicals) was developing a compact, in-home water-purification device. It was called Tata swach which means clean in Hindi and would cost less than 1000 rupees (US $21). The idea of Tata swach was thought of from the 2004 tsunami in the Indian Ocean, which left thousands of people without clean drinking water. This device has filters that last about a year long for a family of five. It is a low-cost product available for people who have no access to safe drinking water in their homes.[22] The advantage of this device is that it does not require the use of electricity.[23] TCS also designed and donated an innovative software package that teaches illiterate adults how to read in 40 hours. The children of the people who have been through our literacy program are all in school, says Pankaj Baliga, global head of corporate social responsibility for TCS.[22] In 1912, Tata Group expanded their CEOs concept of community philanthropy to be included in the workplace. They instituted an eight-hour workday, before any other company

in the world. In 1917, they recommended a medical-services policy for Tata employees. The company would be among the first worldwide to organise modern pension systems, workers compensation, maternity benefits, and profit-sharing plans.[22] Trusts created by Tata Group control 65.8% of company shares,[24] so it can be said that about 66% of the profits of Tata Group go to charity.[25] The charitable trusts of Tata Group fund a variety of projects, for example the Tata Swach and the TCS project. They founded and still support such cherished institutions as the Indian Institute of Science, Tata Institute of Fundamental Research, the National Centre for the Performing Arts and the Tata Memorial Hospital. Each Tata Group company channels more than 4 percent of its operating income to the trusts and every generation of Tata family members has left a larger portion of its profit to them.[22] After the Mumbai attacks, Salaries of then heavily attacked Taj Hotel employees were paid despite the hotel being closed for reconstruction. About 1600 employees were provided food, water, sanitation and first aid through employee outreach centres. Ratan Tata personally visited families of all the employees that were affected. The employees relatives were flown to Mumbai from outside areas and were all accommodated for 3 weeks. Tata also covered compensation for railway employees, police staff, and pedestrians. The market vendors and shop owners were given care and assistance after the attacks. A psychiatric institution was established with the Tata Group of Social Science to counsel those who were affected from the attacks and needed help. Tata also granted the education of 46 children of the victims of the terrorist attacks.[26][27]

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