TATA GROUP

HISTORY OF TATA

The Tata Group was founded as a private trading firm in 1868 by entrepreneur and philanthropist Tata In 1902 the group incorporated the Indian Hotels Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year. After Jamsetji’s death in 1904, his son Sir Dorab Tata took over as chair of the Tata Group. Under Dorab’s leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932).

Following Dorab’s death in 1932, Sir Nowroji Saklatwala became the group’s chair. Six years later Jehangir Ratanji Dadabhoy Tata(J.R.D.) took over the position. His continued expansion of the company into new sectors—such as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)—earned Tata Group international recognition. In 1945 Tata Group established the Tata Engineering and Locomotive Company (TELCO) to manufacture engineering and locomotive products; it was renamed Tata Motors in 2003. In 1991

J.R.D.’s nephew, Indian business mogul Ratan Naval Tata, succeeded him as chairman of the Tata Group. Upon assuming leadership of the conglomerate, Ratan aggressively sought to expand it, and increasingly he focused on globalizing its businesses. In 2000 the group acquired London-based Tetley Tea, and in 2004 it purchased the truck-manufacturing operations of South Korea’s Daewoo Motors. In 2001 Tata Group partnered with American International Group Inc. (AIG) to create the insurance company Tata-AIG.

LIST OF

TATA GROUP CHAIRMEN

1. Jamsetji Tata (1887–1904)

2. Dorabji Tata (1904–1932)

3. Nowroji Saklatwala (1932–1938)

4. J. R. D. Tata(1938–1991)

5. Ratan Tata (1991–2012)

6. Cyrus Mistry (2012 present)

MD AND CEO OF TATA GROUP

Vinod KumarJanuary 13, 2011

BOARD OF DIRECTORS1.Cyrus P Mistry, Chairman 2.Farrokh K Kavarana 3.R Gopalakrishna 4.Ishaat Hussain5.RK Krishna Kumar6.Arunkumar R Gandhi

PRESENT SCENARIO OF TATA GROUP

Tata group to invest over Rs 45,000 crore expand globally: Cyrus Mistry our competitiveness and in addressing the small issues that are often overlooked but end up making a significant difference in the value proposition of our products and services," he said. Tata group comprises of over 100 companies in businesses including technology, communications, engineering, energy, consumer products and chemicals. It has operations in more than 80 countries across six continents.

Its total revenue stood at USD 100.09 billion (around Rs 475,721 crore) in 2011-12 with 58 per cent of this coming from businesses abroad.

GROWTH RATE OF TATA GROUP

Volume growth at 5 percent driven by new service offerings

Rajesh Gopinathan to take over as CFO after S Mahalingam’s retirement in February 2013

Revenue at Rs15,621 crore.

Up 34.3 percent Y-o-Y

5.1 percent Q-o-Q

Net profit at Rs3,512 crore.

Up 44 percent Y-o-Y

7.1 percent Q-o-Q