2. About Tata Group
■ Tata Group is an Indian multinational conglomerate holding
company headquartered in Mumbai, Maharashtra, India.
■ Tata Group operates in more than 80 countries ranging from
software and automobiles to steel, consumer goods and
telecommunications. With above 600,000 employees
across India, it is the nations largest private Employer.
■ In 2009, annual survey by the reputation institute ranked
Tata Group as the 11th most reputable company in the
world.
■ The group takes the name of its founder, Jamsedji Tata, a
member of whose family has almost invariably been the
chairmen of the group. Ratan Tata Became chairmen in
1991, who took over from J.R.D. Tata.
3. About Tata Group
■ Current chairmen of Tata Group is Cyrus Pallonji Mistry.
■ Tata group is India's Largest and most trusted multinational
Conglomerate.
■ Tata group has operations in over 80 countries and across 6
continents.
■ Its companies export products and services to more than
120 nations.
■ In 2014-15, the revenue of Tata companies, taken together,
was $108.78 billion.
■ There are 30 publicly-listed Tata enterprises with a
combined market capitalisation of about $134 billion (as on
March 31, 2015).
5. History of Tata
■ The beginnings of the Tata Group can be traced back to 1868, when
Jamsetji Nusserwanji Tata established a trading company dealing in cotton
in Bombay (now Mumbai), British India.
■ This was followed by the installation of Empress Mills in Nagpur in 1877. Taj
Mahal Hotel in Bombay (now Mumbai) was opened for business in 1903.
■ Sir Dorab Tata, the eldest son of Jamsetji became the chairman of the
group after his fathers death in 1904. Under him, the group ventured into
steel production (1905) and hydroelectric power generation(1910).
6. History of Tata
■ After the death of Dorab Tata in 1934, Nowroji Saklatwala headed the
group till 1938. He was succeeded by Jahangir Ratanji Dadabhoy Tata.
■ The group expanded significantly under him with the establishment of Tata
Chemicals (1939), Tata Motors and Tata Industries (both 1945), Voltas
(1954), Tata Tea (1962), Tata Consultancy Services (1968) and Titan
Industries (1984).
■ Ratan Tata, the incumbent chairman of the group succeeded JRD Tata in
1991.
11. Acquisitions
■ February 2000 – Tetley Tea Company, $407 million
■ 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, $165 million
■ December 2005 – Brunner Mond Chemicals, $10 million
■ June 2006 – Eight O'Clock Coffee, $220 million
■ November 2006 – Ritz Carlton Boston, $170 million
■ January 2007 – Corus Group, $12 billion
12. Acquisitions
■ 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
■ 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
14. 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 institute’s campus in Boston,
Massachusetts. The new building will be
called the Tata Hall and used for the
institute’s executive education programs.
The amount is the largest from an
international donor in the business
school's 102-year-old existence.