Tata Group
Type	Private Conglomerate (BSE)
Founded	in 1868 by Jamshedji Tata
Headquarters	Mumbai, Maharastra, India
Key people	Ratan Tata Chairman
Industry	Engineering Materials Information technology Communication Automotive Chemicals Energy
Products	Steel Automobiles Telecommunications Software Hotels Consumer goods
Revenue	USD 21.9 billion (FY 2005) ( 3.2%)
Employees	246,000 (2004)
Slogan	"Improving the quality of life of the communities we serve"
Website	www.tata.com

The Tata Group is India's largest conglomerate company, with revenues in 2005-06 of Rs. 967,229 million (US $21.9 billion), the equivalent of about 2.8% of India's GDP, and a market capitalisation of US $71.8 billion as of October 25, 2007 (only 28 of the 96 Tata Group companies are publicly listed). The Tata Group has operations in more than 40 countries across six continents and its companies export products and services to 140 nations. The group takes the name of its founder, Jamsetji Tata, a member of whose family has almost invariably been the chairman of the group. The current chairman of the Tata group is Ratan Tata, who took over from J. R. D. Tata in 1991. The company is currently in its fifth generation of family stewardship. ^[1] TATA Logo File links The following pages link to this file: Tata Group Tata Consultancy Services ... A private company is a company that is independently owned. ... Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ... The Bombay Stock Exchange The Bombay Stock Exchange Limited (Marathi:मुंबई शेयर बाजार) (formerly, The Stock Exchange, Mumbai; popularly called The Bombay Stock Exchange, or BSE) is the oldest stock exchange in Asia. ... Jamshedji Tata (1839-1904) was a pioneer in the field of modern industry. ... Image File history File links Flag_of_India. ... , Bombay redirects here. ... Maharashtra (महाराष्ट्र) is a state in west-central India. ... Image File history File links Flag_of_India. ... Ratan Naval Tata (born December 28, 1937, in Mumbai) is the present Chairman of the Tata Group, Indias largest conglomerate established by earlier generations of his family. ... Engineering is the discipline of acquiring and applying knowledge of design, analysis, and/or construction of works for practical purposes. ... material is the substance or matter from which something is or can be made, or also items needed for doing or creating something. ... Information and communication technology spending in 2005 Information technology (IT), as defined by the Information Technology Association of America (ITAA), is the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware. ... For the Bobby Womack album, see Communication (1972 album). ... Car redirects here. ... The chemical industry comprises the companies that produce industrial chemicals. ... For other uses, see Steel (disambiguation). ... Car redirects here. ... Telecommunication involves the transmission of signals over a distance for the purpose of communication. ... Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ... A hotel is an establishment that provides lodging, usually on a short-term basis. ... Wikipedia does not yet have an article with this exact name. ... Look up revenue in Wiktionary, the free dictionary. ... The United States dollar is the official currency of the United States. ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial statements in businesses and other organizations. ... Green up arrow for a positive change in revenue from last fiscal year. ... This article is about work. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... A Conglomerate is the term used to describe a large corporation that consists of diverse divisions. ... “INR” redirects here. ... One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ... Jamsetji Nusserwanji Tata (March 3, 1839 - May 19, 1904) was a pioneer in the field of modern industry. ... Ratan Naval Tata (born December 28, 1937, in Mumbai) is the present Chairman of the Tata Group, Indias largest conglomerate established by earlier generations of his family. ... Jehangir Ratanji Dadabhoy Tata (July 29, 1904–November 29, 1993) was a pioneer aviator and important businessman of India. ...

The Tata Group comprises 96 companies in seven business sectors. 65.8% of the ownership of Tata Group is held by the charitable trust of Tata.^[2]

History

Jamshedji Tata came from a Parsi business family and made his fortune from cloth mills in the interior of Maharashtra. He was well travelled and went in for modern industry for India. He constructed a hotel in Bombay, the Taj Mahal Hotel, in 1903. It was the first large hotel in India, and was set up because established hotels of the time were owned by Europeans and did not allow locals. The Indian Hotels Company is a Tata group company that runs the Taj brand of hotels. This article is about the Parsi community. ... The Tatas are a wealthy family of Parsi Zoroastrians in India. ... Taj Hotels Resorts and Palaces is an Indian luxury hotel chain that has 75 hotels, resorts, and palaces in 11 different countries worldwide. ...

TISCO, now Tata Steel was established in 1907 to set up India's first iron and steel plant in Jamshedpur (Named after Tata's founder, Jamshedji Tata) which is often called Tatanagar for the company's significant presence. The plant started production in 1912. It produces steel at one of the lowest costs in the world, assisted by the Group's ownership of its own raw materials (coal and iron), which means that its cost base is far lower than many rival steel producers. In 1910, Tata Hydro-Electric Power Supply Company was set up for providing cheap and abundant power to the city of Mumbai. In 1917, the Group entered the consumer goods industry with the Tata Oil Mill Company being established to make soaps, detergents and cooking oils. In 1932, Tata Airlines, now Air India, was established. In 1939, Tata Chemicals was established. TELCO, now Tata Motors, was established in 1945 to manufacture locomotive and engineering products. Tata Steel, formerly known as TISCO (Tata Iron and Steel Company Limited), is a steel company based in Mumbai, India. ... , Jamsehdpur   (जमशेदपूर in Devanagari) is a city located in the state of Jharkand in India, founded by the late Jamshedji Nusserwanji Tata. ... Coal Example chemical structure of coal Coal (pronounced ) is a fossil fuel formed in swamp ecosystems where plant remains were saved by water and mud from oxidization and biodegradation. ... For other uses, see Iron (disambiguation). ... Air India (Hindi: एअर इंडिया) is the national flag carrier of India. ... Tata Chemcials Ltd is a Tata Group Company (India) with plant locations in Mithapur (Gujarat State, India) amongst other places. ... TATA Engineering and Locomotive Company A telephone company (or telco) provides telecommunications services such as telephony and data communications. ...

On January 30, 2007, Tata Steel, part of India's Tata Group, offered to purchase 100% stake in the Corus Group at 608 p. per share in an all cash deal, cumulatively valued at USD 12.04 Billion. This deal was also the biggest acquisition by any Indian company till date. is the 30th day of the year in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Tata Steel, formerly known as TISCO (Tata Iron and Steel Company Limited), is a steel company based in Mumbai, India. ... The United States dollar is the official currency of the United States. ...

Tata surprised the credit default swap segment of the derivative markets by deciding to raise $6.17 billion of debt for the deal through a new subsidiary of Corus called "Tata Steel UK", rather than by raising the debt itself. Tata's security credit rating is investment grade, whereas the new subsidiary may not be. The higher risk associated with raising debt through a subsidiary with a lower credit rating prompted Fitch Ratings to downgrade its rating of the credit swap risks in the takeover to "negative". Fitch also stated that Corus' responsibility for the debt may lead to Corus' own unsecured debt rating being downgraded. A credit default swap (CDS) is a bilateral contract under which two counterparties agree to isolate and separately trade the credit risk of (at least one) third party entity. ... A derivatives market is any market for a derivative security, that is a contract which specifies the right or obligation to receive or deliver future cash flows based on some future event such as the price of an independent security or the performance of an index. ... For security (collateral), the legal right given to a creditor by a borrower, see security interest A security is a fungible, negotiable instrument representing financial value. ... A credit rating assesses the credit worthiness of an individual, corporation, or even a country. ... A bond is considered investment grade or IG if its credit rating is BBB- or higher by Standard & Poors or Baa3 or higher by Moodys or BBB(low) or higher by DBRS. Generally they are bonds that are judged by the rating agency as likely enough to meet... Fitch Ratings, Ltd. ...

Business and values

Tata Group's aim is to improve the quality of life of the communities it serves. The Tata family of companies shares a set of five core values: integrity, understanding, excellence, unity and responsibility. Tata Group has played a pioneering role in a variety of fields after India's independence. It is widely respected for the initiatives it has taken in different fields for the upliftment of the country. Its contribution to India's education, science and technology is widely documented and appreciated. In fact many of the renowned public sector companies in India and leading research organisations trace their history to Tata, for example Indian Institute of Science (IISc), Tata Institute of Fundamental Research (TIFR), Tata Institute Of Social Sciences(TISS), TERI (Tata Energy Research Institute), Air India (Tata Airlines) A magnet levitating above a high-temperature superconductor demonstrates the Meissner effect. ... By the mid 20th century humans had achieved a mastery of technology sufficient to leave the surface of the Earth for the first time and explore space. ... The Indian Institute of Science (IISc) is one of the premier post-graduate institutions of research and higher learning located in Bangalore, India. ... Tata Institute of Fundamental Research (TIFR) is the foremost research institute in India. ... The Energy and Resources Institute (TERI), formerly known as Tata Energy and Research Institute, is a non-profit, scientific and policy research organization, in India. ... Air India (formerly Air-India, Hindi: ) is the national flag carrier of India with a worldwide network of passenger and cargo services. ...

Engineering

• TAL Manufacturing Solutions
• Tata AutoComp Systems Ltd (TACO) [1] was established in 1995 to spearhead Tata Group's foray into autocomponents. It is now, one of the fastest growing auto-components companies. Tata AutoComp has established joint ventures with a number of world renowned auto-component companies, and has its own businesses in India, Europe, US, China and Japan.
• Tata Motors (formerly Tata Engineering and Locomotives Ltd (TELCO)) is a company of Tata group of companies which produces automobiles for the Indian Market. Its products range for goods and passenger transport. Seven out of ten medium and heavy commercial vehicles in India bear the Tata mark, widely trusted in India.
  • Tata Motors has shown serious interest in buying the British car makers Land Rover and Jaguar from Ford Motor Company.
• Tata Projects
• TCE Consulting Engineers
• Telco Construction Equipment Company
• TRF
• Voltas

Tata Motors Limited, formerly known as TELCO (TATA Engineering and Locomotive Company), is Indias largest passenger automobile and commercial vehicle manufacturing company. ... Tata Motors Limited, formerly known as TELCO (TATA Engineering and Locomotive Company), is Indias largest passenger automobile and commercial vehicle manufacturing company. ... Land Rover was the name of one of the first British civilian all-terrain utility vehicles, first produced by Rover in 1947. ... For other uses, see Jaguar (disambiguation). ... Ford may mean a number of things: A ford is a river crossing. ... Voltas Limited is an engineering, air conditioning and refrigeration company based in Mumbai, India. ...

Materials

• Tata Advanced Materials
• Tata Steel (formerly TISCO, Tata Iron and Steel Company Ltd) is India's first private Iron and Steel Company, and also the first company founded by J.N. Tata (the founder of the Tata Group). Its works are located at Jamshedpur, with headquarters at Mumbai. It is currently the largest steel producer in India and the fifth largest in the world.

  On January 30, 2007 the Tata Steel clinched a deal to buy the UK based Corus Group Plc., one of the world's leading steel and aluminium producers, for £6.7 billion, beating CSN in a fast-paced auction to create the world’s fifth largest steelmaker. The company emerged victorious with a bid of 608p a share, topping a 603p a share offer from Brazil’s Companhia Siderurgica Nacional (CSN), after an unprecedented nine rounds of bidding overseen by the UK’s Takeover Panel. The £6.7 billion deal includes £500 million of debt. [2].

  The acquisition of Corus steel is recognized as the biggest ever acquisition involving an Indian company.

• Tayo Rolls, India's largest roll manufacturer and supplier. [3]
• Tata Tinplate, a major tinning line in India.

Tata Steel, formerly known as TISCO (Tata Iron and Steel Company Limited), is a steel company based in Mumbai, India. ... , Jamsehdpur   (जमशेदपूर in Devanagari) is a city located in the state of Jharkand in India, founded by the late Jamshedji Nusserwanji Tata. ... , Bombay redirects here. ... This article summarizes the world steel production by company. ... For other uses, see Corus. ...

Energy

• Tata Power is one of the largest private sector power companies. It supplies power to Mumbai, the commercial capital of India and parts of New Delhi.

The Tata Power Company Limited is India’s largest private sector electricity generating company with an installed generation capacity of over 2300 MW. The Company has emerged as a pioneer in the Indian power sector, with a track record of performance, customer care and sustained growth. ...

Chemicals

• Rallis India
• Tata Chemicals

Tata Chemicals Ltd is a Tata Group Company (India) with plant locations in Mithapur (Gujarat State, India) amongst other places. It is headquartered in Mumbai, India. Tata Chemcials Ltd is a Tata Group Company (India) with plant locations in Mithapur (Gujarat State, India) amongst other places. ...

Tata Chemicals has the largest single soda ash production capacity plant in India. This was the second soda ash plant built in India by Shri Kapilram Vakil and started in the year 1944. Mithapur is named after salt, in Gujarati language salt is named as "Mithu."

Since 2006 Tata Chemicals has owned Brunner Mond, a United Kingdom-based chemical company with operations in Kenya and The Netherlands

Services

• The Indian Hotels Company
• THDC
• Tata-AIG General Insurance
• Tata-AIG Life Insurance
• Tata Asset Management
• Tata Economic Consultancy Services
• Tata Financial Services
• Tata Investment Corporation
• Tata Quality Management Services
• Tata Share Registry
• Tata Strategic Management Group (TSMG) is one of the largest consulting firms in South Asia.
• Tata Services

Taj Hotels Resorts and Palaces is an Indian luxury hotel chain. ...

Consumer Products

• Tata Ceramics
• Infiniti Retail
• Tata McGraw Hill Publishing Company
• Tata Tea Limited is the world's second largest manufacturer of packaged tea and tea products. It also owns the Tetley brand of tea sold primarily in Europe.
• Titan Industries manufacturers of Titan (watches)
• Trent (Westside)
• Tata Sky

The McGraw-Hill Companies, Inc. ... Tata Tea Limited is an Indian tea company. ... U.K. logo The Tetley Group was an Indian tea company. ... Titan Industries is worlds sixth largest wrist watch manufacturer and Indias leading producer of watches under the Titan and Sonata brand names. ... It has been suggested that this article or section be merged with Titan Industries. ... Trent is the retail arm of the Tata group. ... Tata Sky is a DTH satellite television provider in India. ...

Information systems and communications

• Computational Research Laboratories (CRL)
• INCAT
• Nelco
• Nelito Systems
• SerWizSol
• Tata Consultancy Services Ltd. (TCS) is Asia's largest software company with 2006-07 revenues being over US$ 4.3 bn.
• Tata Elxsi is another Software and Industrial design company of the Tata stable. Based in Bangalore. One of the leading companies in the animation industry of India.
• Tata Interactive Systems
• Tata Technologies Limited
• Tata Teleservices
• Tatanet
• VSNL, the Indian telecom giant, was acquired in 2002. Tata-owned VSNL acquired Bermuda-based (former Canadian crown corporation and Montreal-based) Teleglobe in 2005

// Tata Consultancy Services Limited Tata Consultancy Services Limited (TCS) is an Indian information technology, consulting, services and business-process outsourcing organization which commenced operations in 1968. ... Tata Elxsi Limited (BSE: 500408) is a technology company of the Tata Group in India with a distinct focus on design. ... Tata Interactice Systems is an e-learning company head quartered out of Indias financial capital - Mumbai. ... Tata Technologies operates in the field of Automotive Industry providing Engineering and Design (E&D) solutions. ... Videsh Sanchar Nigam Ltd (VSNL) is Indias phone carrier for international calls. ... Also see: 2002 (number). ... Teleglobe is an international telco carrier. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...

The Tata logo

The now ubiquitous blue-coloured Tata logo was designed by the Wolff Olins consultancy. The logo was meant to signify fluidity; it may also be seen as a fountain of knowledge, also as a tree of trust under which people can take refuge. This article or section does not cite its references or sources. ...

Educational institutes opened by Tata Group

1. "Tata Institute of Science" now renamed to Indian Institute of Science, Banglore, India
2. Tata Institute of Fundamental Research, a deemed university
3. Tata Management Training Centre, Pune, India
4. Tata Institute of Social Sciences, a deemed university
5. National Centre for the Performing Arts

The Indian Institute of Science (IISc) is a premier post-graduate institution of research and higher learning located in Bengaluru (formerly Bangalore), India. ... Bangalore (ಬೆಂಗಳೂರು in Kannada) is the capital city of Karnataka. ... , Pune (IPA: , Marathi: पुणे) is a city located in the western Indian state of Maharashtra. ...

See also

• Jamsetji Tata
• Dorabji Tata
• J.R.D.Tata
• Ratan Tata
• Corus Group

Jamsetji Nusserwanji Tata (March 3, 1839 - May 19, 1904) was a pioneer in the field of modern industry. ... Dorab Tata (August 27, 1859-June 3, 1932), industrialist and philanthropist, and a key figure in the history and development of the Tata industrial empire. ... Jehangir Ratanji Dadabhoy Tata (July 29, 1904–November 29, 1993) was a pioneer aviator and important businessman of India. ... Ratan Naval Tata (born December 28, 1937, in Mumbai) is the present Chairman of the Tata Group, Indias largest conglomerate established by earlier generations of his family. ... For other uses, see Corus. ...

References

Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 153rd day of the year (154th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 303rd day of the year (304th in leap years) in the Gregorian calendar. ...

External links

• Tata Group of Companies
• Fortune Magazine 2002 profile
• Jamsetji Nusserwanji Tata: The founder of the Tata Empire Jamsetji Tata
• A section of the Tata family Tree
• Information about holding by Pallonji in Tata sons
• PUCL Report on Kalinganagar