Tata


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Tata

(tä`tä), Parsi family of Indian industrialists, centered at Mumbai. The Tata enterprises, which encompass vast holdings in iron and steel, motor vehicles, power utilities, financial services, computer software and services, chemicals, textiles, telecommunications, and other businesses, were founded by Jamshedji Nusserwanji Tata (1839–1904), who accumulated a fortune from his textile mill at Nagpur. At Jamshedpur (named for the founder) his successors built (1911) the first steel mill in India. Eventually it became the largest in the British Empire. The family has contributed funds to the Institute of Science at Bengaluru (Bangalore), beautified and developed the city of Mumbai (Bombay), and supported the economic growth of independent India.
References in periodicals archive ?
The chargers will be operated by Tata Power and will adhere to Bharat Standard (15 kW) for the initial 50 chargers.
Besides Tata, other shareholders of Al Rimal Mining LLC will also sell their stake to Tanmia, leading to resultant shareholding of 30 per cent for Tanmia in Al Rimal Mining LLC.
Ratan Tata, in a statement, said, "Judgement of NCLT, delivered today has been a vindication of actions that Tata Sons felt obliged to take in Oct '16.
In association with FTC Beauty Studio, Tata Sky Beauty will get celebrity make-up experts & stylists such as Bharat & Dorris, Ambika Pillai, Subhash Singh, Shan Mu, Aalim Hakeem, Anju Modi, Tarun Tahiliani, Kavita Bhartiya, Payal Jain and skin care experts such as Dr.
When the RAA takes effect, Tata Steel will pay GBP 550m into BSPS and will also give the British Steel Pension Scheme a 33% equity stake in Tata Steel UK Ltd.
Tata Motors continues to hold 0.46 per cent stake in Tata Steel, which is valued at Rs 222 crore, it added.
For one and a half centuries, Tata was a steady bulwark, with successful transitions among family leaders with remarkable acumen and rock-solid values.
As the groups Chairman, Chandra-sekaran will now have to fight these allegations legally - Mistry's two private investment companies have already moved The National Company Law Tribunal - and clear the taint on Tata by turning around the sick assets.
"There was hope that rational, rather than more emotional decisions would prevail." Some analysts expect uncertainty at Tata may stall some ongoing initiatives, such as the search for a partner for Tata Steel's struggling UK assets.
Returning to Tata Sons after the abrupt removal of Mistry, Ratan Tata has moved quickly to consolidate his grip over the $ 100 billion salt- to- software conglomerate by seeking to remove the ousted chairman from the boards of group firms.
Ms Banerjee has pulled the trigger." With these words, Tata, then the chairman of Tata Group, brought the shutter down on the Nano factory in Bengal and moved to Sanand in Gujarat, from where the world's cheapest passenger car ($1,500) finally rolled out months later.
Tata directly employs almost 7,000 workers in Wales, including more than 4,000 at its primary steelmaking plant in Port Talbot.