The document provides details about Ratan Tata and the Tata Group. It mentions that Ratan Tata has been the Chairman of Tata Sons, the promoter company of the Tata group, since 1991. During his tenure, the group's revenues have grown significantly and it now has operations in over 80 countries across six continents. The Tata Group comprises over 90 operating companies in seven business sectors including communications, engineering, materials, services, energy, and consumer products.
3. Born December 28, 1937 (1937-12-28) (age 73)
Bombay, Bombay Presidency, British India
Residence Colaba, Mumbai, India[1]
Nationality Indian
Ethnicity Parsi Alma mater Cornell University
Harvard University
Occupation Chairman of Tata Group Spouse Unmarried
Awards Padma Bhushan (2000) Padma Vibhushan (2008)
Order of the British Empire (2009)
Signature
4. Ratan N Tata has been the Chairman of Tata
Sons, the promoter company of the Tata group, since
1991.
He is also the Chairman of the major Tata
companies, including Tata Motors, Tata Steel, Tata
Consultancy Services, Tata Power, Tata Global
Beverages, Tata Chemicals, Indian Hotels and Tata
Teleservices.
During his tenure, the group’s revenues have grown
5. Mr Tata serves on the board of directors of Fiat SpA and
Alcoa.
He is also on the international advisory boards of Mitsubishi
Corporation, the American International Group, JP Morgan
Chase, Rolls Royce, Temasek Holdings and the Monetary
Authority of Singapore.
He is a member of the Prime Minister’s Council on Trade
and Industry.
He is the President of the Court of the Indian Institute of
Science and of the Council of Management of the Tata
Institute of Fundamental Research.
He also serves on the board of trustees of Cornell University
and the University of Southern California, and is a member of
the Global Business Council on HIV/Aids.
6. Mr Tata joined the Tata group in 1962.
After serving in various companies, he was appointed director-in-
charge of the National Radio and Electronics Company in 1971.
In 1981, he was named Chairman of Tata Industries, the group’s other
promoter company, where he was responsible for transforming it into a
group strategy think-tank, and a promoter of new ventures in high
technology businesses.
Mr Tata received a BS degree in architecture from Cornell in 1962.
He worked briefly with Jones and Emmons in Los Angeles before
returning to India, later that year.
He completed the Advanced Management Program at Harvard
Business School in 1975.
The Government of India honoured Mr Tata with its second-highest
civilian award, the Padma Vibhushan, in 2008.
He has also received honorary doctorates from several universities in
India and overseas.
7. Ratan N Tata is the chairman of Tata Sons, the Tata
promoter company
One hundred years from now, I expect the Tatas
"
to be much bigger than it is now. More
importantly, I hope the group comes to be
regarded as being the best in India — best in the
manner in which we operate, best in the
products we deliver, and best in our value
systems and ethics. Having said that, I hope that
a hundred years from now we will spread our
wings far beyond India..."
8. BRIEF DETAILS ABOUT TATA
GROUP
industry Conglomerate
Founded 1868 Founder(s) Jamsetji Tata
Headquarters Bombay House Mumbai, India
Area served Worldwide Key people Ratan Tata
(Chairman)[1]
Products
Steel
Automobiles
Telecommunications
9. CONTINUED
Power
IT Services/ITES
Hotels
Consumer goods
Retail
Agriculture
Financial services
Defence
Chemicals
Hospitality
Engineering
Beverages
Construction
Aerospace
Pharma
10. Revenue $67.4 billion (2009-10)[2]
Profit $1.74 billion (2009-10)[2]
Total assets $52.8 billion (2009-10)[2] Employees 396,517 (2009-10)[2]
Subsidiaries :
I. Tata Steel
II. Tata Steel Europe
III. Tata Motors
IV. Tata Consultancy Services
V. Tata Technologies
VI. Tata Tea
VII. Titan Industries
VIII. Tata Power
IX. Tata Communications
X. Tata Teleservices
XI. Taj Hotels
XII. Tata Chemicals
XIII. Tata Global Beverages
11. Established by Jamsetji Tata in the second half of the 19th century, Tata has grown into
one of India's biggest and most respected business organisations, thanks to its
entrepreneurial vision, its commitment to ideals that put people before profits, and its
fortitude in the face of adversity.
History: A brief history of Tata, its enterprises and their evolution, its leaders and value
systems. This is the story of a business house that has created wealth for a nation. It is
Pioneers:
a story of struggle, anxiety, adventure and achievement. This is the story of the Tata
Milestones:
pioneers. Highlights of Tata's evolution through the years.
Lasting Legacies: A special edition of Tata Review, the Tata group
publication, chronicling the lives and achievements of three Tata titans: Jamsetji
Tata, JRD Tata and Naval Tata.
Tata Central Archives: Tata Central Archives is responsible for preserving the rich
history of Tata for future generations. It is a goldmine of information, a repository of
important documents —
correspondence, photographs, awards, trophies, medals, citations, paintings, video and
audio clips, etc that relate to the genesis and development of Tata.
12. There is a difference between making money for oneself and creating
wealth for others. This is the story of a business house that has created
wealth for a nation. It is a story of struggle, anxiety, adventure and
achievement. This is the story of our pioneers.
Jamsetji Tata: The Founder of the Tata group began with a textile
mill in central India in the 1870s. His powerful vision inspired the
steel and power industries in India, set the foundation for technical
educaton, and helped the country leapfrog from backwardness to the
ranks of industrialised nations.
Sir Dorab Tata: Through his endeavours in setting up Tata Steel
and Tata Power, this elder son of Jamsetji Tata was instrumental
in transforming his father's grand vision into reality. It was also
under his leadership that the Sir Dorabji Tata Trust, the premier
charitable endowment of the Tatas, was created, propelling the
Tata tradition of philanthropy.
13. Sir Ratan Tata: Jamsetji Tata's younger son had a personality
that reflected his sensitivity to the struggles of ordinary people
and his desire to utilise his considerable wealth to enhance the
quality of public life. A philanthropist all his life, he created a
trust fund for "the advancement of learning and for the relief of
human suffering and other works of public utility." The Sir
Ratan Tata Trust is today the second largest of the Tata trusts.
JRD Tata: The late chairman of the Tata Group pioneered civil
aviation on the subcontinent in 1932 by launching the airline now
known as Air India. That was the first of many path-breaking
achievements that JRD, who guided the destiny of the Group for
more than half a century, came to be
14. The Tata group is one of India's oldest, largest and most respected
business conglomerates. The group's businesses are spread over seven
business sectors.
Foundation Consolidation Expansion
1868-1931 1932-1989 1990 onwards
The seeds of what would mature and become today's Tata group were
laid long years before India became independent
15. 1868: Jamsetji Nusserwanji Tata starts a private trading firm, laying the foundation of the
Tata group.
1874: The Central India Spinning, Weaving and Manufacturing Company is set up, marking
the group's entry into textiles and its first large-scale industrial venture.
1902: The Indian Hotels Company is incorporated to set up the Taj Mahal Palace and
Tower, India's first luxury hotel, which opened in 1903.
1907: The Tata Iron and Steel Company (now Tata Steel) is established to set up India's first
iron and steel plant in Jamshedpur. The plant started production in 1912.
Sets up its first office overseas, Tata Limited in London.
1910: The first of the three Tata Electric Companies, The Tata Hydro-Electric Power Supply
Company is set up. The second, Andhra Valley Power Supply Company was established
in 1917 and Tata Power in 1919. The first two companies were merged with Tata Power
in 2000 to form a single entity.
1911: The Indian Institute of Science is established in Bangalore to serve
as a centre for advanced learning.
1912: Tata Steel introduces eight-hour working days, well before such a system was
implemented by law in much of the West.
16. 1917: The Tatas enter the consumer goods industry, with the Tata Oil Mills Company
being established to make soaps, detergents and cooking oils. The company was sold
to Hindustan Lever (now Unilever) in 1984.
The Tata group ventured into new areas and built on the foundations, in spite of the
restraints imposed by a controlled economy.
1932: Tata Airlines, a division of Tata Sons, is established, opening up the aviation sector in
India. Air India was nationalised in 1953.
1939: Tata Chemicals, now the largest producer of soda ash in the country, is established.
::
1945: Tata Engineering and Locomotive Company (renamed Tata Motors in 2003) is
established to manufacture locomotive and engineering products.
Tata Industries is created for the promotion and development of hi-tech industries.
1952: Jawaharlal Nehru, India's first Prime Minister, requests the group to manufacture
cosmetics in India, leading to the setting up of Lakme. The company was sold to
Hindustan Lever (now Unilever) in 1997.
17. 1954: India's major marketing, engineering and manufacturing organisation, Voltas, is
established.
1962: Tata Finlay (now Tata Tea), one of the largest tea producers, is established.
Tata Exports is established. Today the company, renamed Tata International, is one of
the leading export houses in India.
1968: Tata Consultancy Services (TCS), India's first software services company, is
established as a division of Tata Sons.
1971: Tata Precision Industries, the first Tata company in Singapore, is founded to design
and manufacture precision engineering products.
1984: The first 500 MW thermal power unit at the Trombay station of the Tata Electric
Companies is commissioned.
1995: Tata Quality Management Services institutes the JRD QV Award, modelled on the
Malcolm Baldrige National Quality Value Award of the United States, laying the
foundation of the Tata Business Excellence Model.
18. 1996: Tata Teleservices (TTSL) is established to spearhead the group's foray into the
telecom sector.
1998: Tata Indica — India's first indigenously designed and manufactured car — is launched
by Tata Motors, spearheading the group's entry into the passenger car segment.
1999: The new Tata group corporate mark and logo are launched.
2000: Tata Tea (now Tata Global Beverages) )acquires the Tetley group, UK. This is the first
major acquisition of an international brand by an Indian business group.
2001: Tata AIG — a joint venture between the Tata group and American International Group
Inc (AIG) — marks the Tata re-entry into insurance. (The group's insurance
company, New India Assurance, set up in 1919, was nationalised in 1956).
2002: Tata Sons acquires a controlling stake in VSNL (renamed Tata Communications in
2008), India's leading international telecommunications service provider.
Tata Consultancy Services (TCS) becomes the first Indian software company to cross
one billion dollars in revenues.
Titan launches Edge, the slimmest watch in the world.
2004: Tata Motors is listed on the world's largest bourse, the New York Stock
Exchange, the second group company to do so after VSNL.
Tata Motors acquires the heavy vehicles unit of Daewoo Motors, South Korea.
TCS goes public in July 2004 in the largest private sector initial public offering (IPO) in
the Indian market, raising nearly $1.2 billlion.
19. 2005: Tata Steel acquires Singapore-based steel company NatSteel by subscribing to 100
per cent equity of its subsidiary, NatSteel Asia.
VSNL (now Tata Communications) acquired Tyco Global Network, making it one of
the world's largest providers of submarine cable bandwidth.
Tata Sons completes 60 years of Tata operations in the US.
The Taj acquires a hotel run by Starwood, Sydney (renamed Blue) and takes over
management of The Pierre, NY.
2006: Tata Sky satellite television service launched across the country.
Foundation stone for the Tata Medical Centre unveiled in Kolkata.
2007: Tata Steel acquires the Ango-Dutch company Corus, making it the world's fifth-
largest steel producer.
TCS inaugurates TCS China — a joint venture with the Chinese government and other
partners.
Computational Research Laboratories, a division of Tata Sons, develops Eka, one of
the fastest supercomputers in the world and the fastest in Asia.
The Taj acquires Campton Place Hotel in San Francisco.
Tata Steel celebrates its centenary on August 26, 2007.
20. 2008: Tata Motors unveils Tata Nano, the People’s Car, at the 9th Auto Expo in Delhi on
January 10, 2008.
Tata Motors acquires the Jaguar and Land Rover brands from the Ford Motor
Company.
Tata Chemicals acquires General Chemical Industrial Products Inc.
2009: Tata Motors announces commercial launch of the Tata Nano; Tata Nano draws
over 2.03 lakh bookings; first 100,000 owners of the Tata Nano chosen; delivers first
Tata Nano in the country in Mumbai.
Tata Motors ushers new era in Indian auto industry with its new, world-standard
truck range.
Tata Teleservices announces pan-India GSM service with NTT DOCOMO.
TRF acquires Dutch Lanka Trailer Manufacturers (DLT), Sri Lanka, a world-class
trailer manufacturing company.
Jaguar Land Rover introduces its premium range of vehicles in India.
Tata Motors acquires remaining 79 per cent shares in Hispano Carrocera, one of
the largest manufacturers of bus and coach cabins in Europe.
Tata Teleservices launches Photon TV, an application that allows Tata Photon Plus
subscribers to watch live television channels on their laptops while on the move, and
on their personal computers at home and in the office.
Tata Chemicals launches Tata Swach — the world’s most cost-effective water
purifier.
21. 2010: TRF acquires UK-based Hewitt Robins International.
New plant for Tata Nano at Sanand inaugurated.
Advinus Therapeutics announces the discovery of a novel molecule — GKM-001 —
for the treatment of type II diabetes.
Tata DOCOMO launches its 3G services in Maharashtra and Gujarat.
Brunner Mond acquires 100-per-cent stake in leading vacuum salt producer British
Salt, UK.
22. The Tata group comprises over 90 operating
companies in seven business sectors:
communications and information technology
engineering
materials
services
energy
consumer products and chemicals.
The group has operations in more than 80
countries across six continents, and its
companies export products and services to 85
countries.
23. The total revenue of Tata companies,
taken together, was $67.4 billion (around
Rs319,534 crore) in 2009-10, with 57 per
cent of this coming from business outside
India.
Tata companies employ around 395,000
people worldwide.
The Tata name has been respected in
India for 140 years for its adherence to
strong values and business ethics.
24. Every Tata company or enterprise operates
independently.
Each of these companies has its own board of
directors and shareholders, to whom it is
answerable.
There are 28 publicly listed Tata enterprises and
they have a combined market capitalisation of
about $108.35 billion (as on April 8, 2011), and a
shareholder base of 3.5 million.
The major Tata companies are Tata Steel, Tata
Motors, Tata Consultancy Services (TCS), Tata
Power, Tata Chemicals, Tata Global
Beverages, Indian Hotels and Tata
Communications.
25. Tata Steel became the tenth-largest steel maker in the
world after it acquired Corus, later renamed Tata Steel
Europe.
Tata Motors is among the top five commercial vehicle
manufacturers in the world and has recently acquired
Jaguar and Land Rover.
TCS is a leading global software company, with
delivery centres in the US, UK, Hungary, Brazil, Uruguay
and China, besides India.
Tata Global Beverages is the second-largest player
in tea in the world.
Tata Chemicals is the world’s second largest
manufacturer of soda ash.
Tata Communications is one of the world’s largest
wholesale voice carriers.
26. In tandem with the increasing international
footprint of Tata companies, the Tata brand is
also gaining international recognition.
Brand Finance, a UK-based consultancy
firm, recently valued the Tata brand at $11.22
billion and ranked it 65th among the world's Top
100 brands.
Business Week magazine ranked Tata 17th
among the '50 Most Innovative Companies' list
The Reputation Institute, USA, in 2009 rated
it 11th on its list of world's most reputable
companies.
27. Tata has philanthropic
Tata companies have always believed in returning wealth to the
society they serve.
Two-thirds of the equity of Tata Sons, the Tata promoter
company, is held by philanthropic trusts that have created national
institutions for science and technology, medical research, social
studies and the performing arts.
The trusts also provide aid and assistance to non-government
organisations working in the areas of education, healthcare and
livelihoods.
Tata companies also extend social welfare activities to
communities around their industrial units. The combined
development-related expenditure of the trusts and the companies
amounts to around 4 per cent of the net profits of all the Tata
companies taken together.
28. Values and Tata's principal purpose is to improve the
purpose: quality of life of the communities it serves.
The values and ideals that define the way
the group functions help it do that.
Tata Code of This comprehensive document serves as the
Conduct: ethical road map for Tata employees and
companies, and provides the guidelines by
which the group conducts its businesses
29. At the Tata group we are committed to improving
the quality of life of the communities we serve.
We do this by striving for leadership and global
competitiveness in the business sectors in which we
operate.
Our practice of returning to society what we earn
evokes trust among
consumers, employees, shareholders and the
community.
We are committed to protecting this heritage of
leadership with trust through the manner in which we
30. Tata has always been values-driven. These
values continue to direct the growth and
business of Tata companies. The five core
Tata values underpinning the way we do
business are:
Integrity
Understanding
Excellence
Unity
Responsibility
31. This comprehensive document serves as the ethical road map for Tata
employees and companies, and provides the guidelines by which the
group conducts its businesses.
Clause:1 = National interest
Clause:2 = Financial reporting and records
Clause:3 = Competition
Clause:4 = Equal opportunities employer
Clause:5 = Gifts and donations
Clause:6 = Government agencies
Clause:7 = Political non-alignment
Clause:8 = Health, safety and environment
Clause:9 = Quality of products and services
Clause:10= Corporate citizenship
Clause:11=Cooperation of Tata companies
Clause:12=Public representation of the company and the group
Clause:13=Third party representation
Clause:14=Use of the Tata brand
32. Clause:15=Group policies
Clause:16=Shareholders
Clause:17=Ethical conduct
Clause:18=Regulatory compliance
Clause:19=Concurrent employment
Clause:20=Conflict of interest
Clause:16=Shareholders
Clause:17=Ethical conduct
Clause:18=Regulatory compliance
Clause:19=Concurrent employment
Clause:20=Conflict of interest
Clause:21= Securities transactions and confidential information
Clause:22= Protecting company assets
Clause:23= Citizenship
Clause:24= Integrity of data furnished
Clause:25= Reporting concerns