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It may contain wording that merely promotes the subject without imparting verifiable information. Tagged since November 2011. Its neutrality is disputed. Tagged since November 2011. It contains weasel words: vague phrasing that often accompanies biased or unverifiable information. Tagged since November 2011. Tata Group
Privately held company Conglomerate 1868 Jamsedji Tata Worldwide Ratan Tata
(Chairman)
Products
Automotive, steel, telecommunications, metals, financial services, hotels, property development, energy, engineering products, consumer products, chemicals, information technology, retailing
US$ 83.3 billion (2010-11)[2] US$ 5.8 billion (2010-11)[2] US$ 68.9 billion (2010-11)[2] Tata Sons 424,365 (2010-11)[2] List of subsidiaries www.tata.com
Tata Group is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India.[3] It is one of the largest conglomerates in India by market capitalization and revenue. It has interests in communications and information technology, engineering, materials, services, energy, consumer products and chemicals. Tata Group has operations in more than 80 countries across six continents and its companies export products and services to 80 nations. It comprises 114 companies and subsidiaries in eight business sectors,[4] 27 of which are publicly listed. 65.8% of the ownership of Tata Group is held in charitable trusts.[5] Companies which form a major part of the group include Tata Steel (including Tata Steel Europe), Tata Motors (including Jaguar and Land Rover), Tata Consultancy Services, Tata Technologies, Tata Tea (including Tetley), Tata Chemicals, Titan Industries, Tata Power, Tata Communications, Tata Sons, Tata Teleservices and the Taj Hotels. The group takes the name of its founder, Jamsedji 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.[6] The group has more than 100 companies and 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 2009, annual survey by the Reputation Institute ranked Tata Group as the 11th most reputable company in the world.[7] The survey included 600 global companies. The Tata Group has helped establish and finance numerous quality research, educational and cultural institutes in India.[8][9] The group was awarded the Carnegie Medal of Philanthropy in 2007 in recognition of its long history of philanthropic activities.[10] Tata gets more than 2/3 of its revenue from outside India.[11] In June 2011, based on market value Tata Group has become India's wealthiest group with $98.7 billion.[12]
Contents
[hide]
4 Controversies, and Environmental record o 4.1 Munnar, Kerala o 4.2 Kalinganagar, Orissa o 4.3 Dow Chemical, Bhopal Gas Disaster o 4.4 Supplies to Burmas military regime o 4.5 Land acquisition in Singur o 4.6 Dhamra Port o 4.7 Soda extraction plant in Tanzania 5 2G Spectrum controversy 6 Acquisitions 7 Recognition 8 See also 9 References 10 External links
[edit] History
The beginning of the Tata Group can be traced back to 1868,[13] when Jamsetji Nusserwanji Tata established a trading company dealing in cotton in Bombay (now Mumbai), British India.[14] 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 Tata became the chairman of the group after his father's death in 1904. Under him, the group ventured into steel production (1905) and hydroelectric power generation(1910). After the death of Dorab Tata in 1934, Nowroji Saklatwala headed the group till 1938. He was succeeded by Jehangir Ratanji Dadabhoy Tata. The group expanded significantly under him with the establishment of Tata Chemicals (1939), Tata Motors, 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.[15]
Tata Bus
Tata Nano
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 Eight O'Clock Coffee Tata Ceramics Infiniti Retail (Crom) Tata Tea Limited is the world's second largest manufacturer of packaged tea and tea products. 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 North Delhi Power 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 Jaguar and Land Rover 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 Telco Construction Equipment
Computational Research Laboratories INCAT Nelco Nelito Systems Tata Business Support Services Tata Consultancy Services Ltd. (TCS) is Asia's largest software company. Tata Elxsi 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
Ginger Hotels Roots Corporation Landmark 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
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
[edit] Philanthropy
The Tata Group has helped establish and finance numerous quality research, educational and cultural institutes in India.[8][9] The Tata Group was awarded the Carnegie Medal of Philanthropy
in 2007 in recognition of the group's long history of philanthropic activities.[10] 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[16] 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.[17] The amount is the largest from an international donor in the business school's 102-year-old existence. The recent The Brand Trust Report,[18] 2011 has ranked TATA as the second most trusted brands of India.
Ratan Tata, the 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.[19] The advantage of this device is that it does not require the use of electricity.[20] 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.[19] 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 recommend 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.[19] Trusts created by Tata Group control 65.8% of company shares,[21] so it can be said that about 66% of the profits of Tata Group go to charity.[22] 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.[19] 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.[23][24]
land in Munnar formed a special squad for the Munnar land takeover mission. However, later he had to abort the mission as there were many other influential land grabbers and faced opposition from his own party.
The Dhamra port, a venture between Tata Steel and Larsen & Toubro, has come in for criticism for its proximity to the Gahirmatha Sanctuary and Bhitarkanika National Park, from Indian and international organisations, including Greenpeace. Gahirmatha Beach is one of the worlds largest mass nesting sites for the Olive Ridley Turtle and Bhitarkanika is a designated Ramsar site and Indias second largest mangrove forest. TATA officials have denied that the port poses an ecological threat, and stated that mitigation measures are being employed with the advice of the IUCN.[34] On the other hand, conservation organisations, including Greenpeace, have pointed out that no proper Environment Impact Analysis has been done for the project, which has undergone changes in size and specifications since it was first proposed and that the port could interfere with mass nesting at the Gahirmtha beaches and the ecology of the Bitharkanika mangrove forest.[35][36] Protests by Greenpeace to Dhamra Port construction is also alleged to be less on factual data and more on hype and DPCL's (Dhamra Port Company Limited) response to Greenpeace questions harbours on these facts.[37][38]