Shopping on line can be easy, simple and save you lots of money. It can also take a lot of your time, frustrate you, and result in unwanted purchases. Now the same can be said for regular high street shopping, but with the vast opportunity presented by the Internet it will pay you to spend a few minutes reading this and understanding how to better optimize your Tata Group shopping experience:
1. Compare - without doubt the biggest advantage that the Tata Group offers shoppers today is the ability to compare thousands of Tata Group at a time. This is a great thing, but not necessarily all the time! Too much can be daunting at times so take advantage of the great comparison sites and where possible let them do the hard work for you.
2. Research - if it has been said it will be on the internet. Ignorance is no longer a justifiable reason for buying the wrong thing. Take the time to research in detail everything that you could possible want to know about
3. Testimonials - don't know anybody that has bought a Tata Group? Wrong! If the Tata Group is good the internet will let you know. Use the Internet as a friend and get testimonials before you buy.
4. Questions - Got a question about Tata Group then search the Forums, FAQ's, Blogs etc. Don't be afraid to ask .....
5. Reputation - Never heard of the company selling Tata Group? Don't worry, no reason why you should know every company in the world, but you know someone that does! Use the internet to find out what people are saying about Tata Group and build up a picture of their reputation for sales, returns, customer service, delivery etc.
6. Returns - still worried that even after all of the above your Tata Group wont be what you want? Check out the returns policy. There is so much competition now that someone, somewhere is bound to offer the terms that you are comfortable with.
7. Feedback - happy with your Tata Group then let people know, after all you are depending on others people input in your buying decision, so why not give a little back.
8. Security - check for the yellow padlock on the Tata Group site before you buy, and the s after http:/ /i.e. https:// = a secure site
9. Contact - got a question about Tata Group, or want to leave a comment then check out the sites contact page. Reputable companies have them and respond.
10. Payment - ready to pay for your Tata Group, then use your credit card or PayPal! Be aware of companies that don't accept them, there may be genuine reasons but given the huge amount of choice you have when buying online there is no reason at all not to buy via credit card or PayPal.
{{Infobox_Company | company_name = Tata Group |
company_logo = ] |
company_type = [Private Company [Conglomerate (company) ([Bombay Stock Exchange) |
company_slogan = "Improving the quality of life of the communities we serve" |
foundation = in 1868 by [Jamshedji Tata |
location = {{flagicon|IND--> [Mumbai, [Maharastra, [India |
key_people = {{flagicon|IND--> [Ratan Tata Chairman |
num_employees = 246,000 (
) |
industry = [Engineering
[Materials
[Information technology
[Communication
[Automotive
[Chemical industry
[Energy |
products = [Steel
[Automobiles
[Telecommunications
[Software
[Hotels
[Consumer goods |
revenue = [US Dollars 21.9 billion ([Fiscal year 2005)
([image:green up.png3.2%)|
homepage =
http://www.tata.com/ www.tata.com
-->
The
Tata Group is
India's largest
list of conglomerates, with revenues in 2005-06 of Indian rupee 967,229 million (US $21.9 1000000000 (number)), the equivalent of about 2.8% of India's GDP, and a market capitalisation of US $57.6 billion now (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.
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.
History
Jamshedji Tata came from a
Parsi Tata 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 Hotels brand of hotels.
Tata Steel, 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.
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
US Dollars 12.04 Billion. This deal was also the biggest acquisition by any Indian company till date.
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 (finance) 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.
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)
Engineering
- TAL Manufacturing Solutions
- Tata Autocomp Systems Ltd (TACO) was established in 1995 to spearhead Tata Group's foray into autocomponents. It is now, one of the fastest growing auto-components companies. TACO 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. The Tata Indica V2 – India's only fully indigenously designed and manufactured passenger car – has been a great commercial success.
- Tata Motors has shown serious interest in buying the British car makers Land Rover and Jaguar from Ford.
- Tata Projects
- TCE Consulting Engineers
- Telco Construction Equipment Company
- TRF
- Voltas
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 List of steel producers in the world.
- : On January 30, 2007 the Tata Steel clinched a deal to buy the UK based Corus Group, 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. .
- : The acquisition of Corus steel is recognized as the biggest ever acquisition involving an Indian company.
- Tayo Rolls, India's largest cast roll manufacturer and supplier.
- Tata Tinplate, a major tinning line in India.
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.
Chemicals
Tata Chemcials 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 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
Consumer Products
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
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.
Educational institutes opened by Tata Group
"Tata Institute of Science" now renamed to Indian Institute of Science, Banglore, India
Tata Institute of Fundamental Research, a deemed university
Tata Management Training Centre, Pune, India
Tata Institute of Social Sciences, a deemed university
National Centre for the Performing Arts
See also
- Jamsetji Tata
- Dorabji Tata
- J. R. D. Tata
- Ratan Tata
- Corus Group
References
Tata’s Corus acquisition : one of the biggest in Indian History - http://economictimes.indiatimes.com/articleshow/1548117.cms
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
- Tata Sponsored H1B Visas in 2006
{{Infobox_Company | company_name = Tata Group |
company_logo = ] |
company_type = [Private Company [Conglomerate (company) ([Bombay Stock Exchange) |
company_slogan = "Improving the quality of life of the communities we serve" |
foundation = in 1868 by [Jamshedji Tata |
location = {{flagicon|IND--> [Mumbai, [Maharastra, [India |
key_people = {{flagicon|IND--> [Ratan Tata Chairman |
num_employees = 246,000 () |
industry = [Engineering
[Materials
[Information technology
[Communication
[Automotive
[Chemical industry
[Energy |
products = [Steel
[Automobiles
[Telecommunications
[Software
[Hotels
[Consumer goods |
revenue = [US Dollars 21.9 billion ([Fiscal year 2005)
([image:green up.png3.2%)|
homepage = http://www.tata.com/ www.tata.com
-->
The
Tata Group is India's largest
list of conglomerates, with revenues in 2005-06 of
Indian rupee 967,229 million (US $21.9
1000000000 (number)), the equivalent of about 2.8% of India's GDP, and a market capitalisation of US $57.6 billion now (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.
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.
History
Jamshedji Tata came from a
Parsi Tata 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 Hotels brand of hotels.
Tata Steel, 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.
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
US Dollars 12.04 Billion. This deal was also the biggest acquisition by any Indian company till date.
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 (finance) 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.
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)
Engineering
- TAL Manufacturing Solutions
- Tata Autocomp Systems Ltd (TACO) was established in 1995 to spearhead Tata Group's foray into autocomponents. It is now, one of the fastest growing auto-components companies. TACO 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. The Tata Indica V2 – India's only fully indigenously designed and manufactured passenger car – has been a great commercial success.
- Tata Projects
- TCE Consulting Engineers
- Telco Construction Equipment Company
- TRF
- Voltas
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 List of steel producers in the world.
- : On January 30, 2007 the Tata Steel clinched a deal to buy the UK based Corus Group, 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. .
- : The acquisition of Corus steel is recognized as the biggest ever acquisition involving an Indian company.
- Tayo Rolls, India's largest cast roll manufacturer and supplier.
- Tata Tinplate, a major tinning line in India.
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.
Chemicals
Tata Chemcials 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 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
Consumer Products
- Tata Ceramics
- 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
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
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.
Educational institutes opened by Tata Group
"Tata Institute of Science" now renamed to Indian Institute of Science, Banglore, India
Tata Institute of Fundamental Research, a deemed university
Tata Management Training Centre, Pune, India
Tata Institute of Social Sciences, a deemed university
National Centre for the Performing Arts
See also
References
Tata’s Corus acquisition : one of the biggest in Indian History - http://economictimes.indiatimes.com/articleshow/1548117.cms
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
- Tata Sponsored H1B Visas in 2006
Tata Group
Website of this large business group. Contains links to the websites of its subsidiaries.
Tata Group
Tata Group - Wikipedia, the free encyclopedia
The Tata Group (Hindi: टाटा समूह) is a multinational conglomerate based in Mumbai, India. In terms of market capitalization and revenues, Tata Group is the largest ...
Tata Motors - HomePage
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BBC NEWS | Business | India's car for the common man
But this week at the Delhi car show - the answer to his prayers. A revolution in the small car market - the Tata Group's People's Car.
Corus - Our Vision
A performance culture supports the vision and goals, and this will be embedded across the Tata Steel Group and embraced by all employees. Value creation
Tata Group acquires 10 per cent stake in Orient-Express Hotels - Times ...
The persistent bid speculation surrounding Orient-Express Hotels took a new twist yesterday when Tata Group, of India, acquired a 10 per cent stake in a move seen as a precursor to ...
BBC NEWS | Business | Tata buys Jaguar in £1.15bn deal
Tata Group. The BBC is not responsible for the content of external internet sites
Ethical Corporation: Letters, Corrections & Clarifications - Tata ...
Biswajit Mohanty says that the Tata Group is not the responsible corporate citizen many think it is
Tata Group
Tata is a rapidly growing business group based in India with significant international operations. The business operations of the Tata Group currently encompass seven business ...