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Monday, June 2, 2008

TATA GROUP

The Tata Group is a multinational conglomerate based in Mumbai, India. In terms of market capitalization and revenues, Tata Group is the largest private company in India. It has interests in steel, automobiles, information technology, communication, power, tea and hotels. The Tata Group has operations in more than 85 countries across six continents and its companies export products and services to 80 nations. The Tata Group comprises 98 companies in seven business sectors, 27 of which are publicly listed. 65.8% of the ownership of Tata Group is held by the charitable trust of Tata. Companies which form a major part of the group include Tata Steel, Corus Steel, Tata Motors, Tata Consultancy Services, Tata Tea, Tata Power, Tata Communications and the Taj Hotels.

The Tata Group comprises 98 operating companies in seven business sectors: information systems and communications; engineering; materials; services; energy; consumer products; and chemicals. The Group was founded by Jamsetji Tata in the mid 19th century, a period when India had just set out on the road to gaining independence from British rule. Consequently, Jamsetji Tata and those who followed him aligned business opportunities with the objective of nation building. This approach remains enshrined in the Group's ethos to this day.

Tata acquisitions and targets
* 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, $167 million * December 2005 - Brunner Mond Chemicals Limited, $120 million
* June 2006 - Eight O'Clock Coffee, $220 million
* November 2006 - Ritz Carlton Boston, $170 million
* Jan 2007 - Corus Group, $12 billion
* March 2007 - Bumi Resources, $1.1 billion
* April 2007 - Campton Place Hotel, San Francisco, $60 million
* 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

Targets
* Close Brothers Group, $2.9 billion
* Orient Express Hotels, $2.5 billion
* January 2008 - T-Systems International (IT division of Deutsche Telekom)

Companies

Tata Chemicals · Tata Consultancy Services · Tata Elxsi · Tata Interactive Systems · Tata Motors · Tata Steel · Tata Power · Tata Tea · Tata Communications · Tata Technologies Limited · Tata Teleservices · Titan Industries · The Indian Hotels Company · Trent (Westside) · Voltas

Notable non-Indian Companies


Corus Group · Tetley · Tata Daewoo Commercial Vehicle · VSNL International Canada · Jaguar Cars · Land Rover · Brunner Mond

Brands


Good Earth Teas · Tanishq · Taj Hotels · Tata Sky · Tata Indicom · Titan · Westside · Voltas

Notable People

Jamsetji Tata · Dorabji Tata · Nowroji Saklatwala · J. R. D. Tata · Ratan Tata · Pallonji Mistry