Jump to content

Tata Group: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
ClueBot (talk | contribs)
m Reverting possible vandalism by Sayonara1312 to version by 59.92.124.92. False positive? Report it. Thanks, User:ClueBot. (389829) (Bot)
The correct and acurate profile of Tata Capital has been uploaded.
Line 1: Line 1:
'''Tata Capital Limited'''
{{Infobox_Company |
company_name = Tata Group<br><small>{{unicode|टाटा समूह}}</small> |
company_logo = [[Image:Tata logo.svg|100px|center|]] |
company_type = [[Private Company|Private]] [[Conglomerate (company)|Conglomerate]] ([[Bombay Stock Exchange|BSE]]) |
company_slogan = "Improving the quality of life of the communities we serve" |
foundation = [[1868]] by [[Jamshedji Tata]] |
location = {{flagicon|IND}} [[Mumbai]], [[Maharastra]], [[India]] |
key_people = {{flagicon|IND}} [[Ratan Tata]] Chairman |
num_employees = 289,500 ([[2007]]) |
industry = [[Engineering]] <br>[[Materials]] <br>[[Information technology]] <br>[[Communication]] <br>[[Automotive]] <br>[[Chemical industry|Chemicals]] <br>[[Energy]] |
products = [[Steel]] <br>[[Automobiles]] <br>[[Telecommunications]] <br>[[Software]] <br>[[Hotels]] <br>[[Consumer goods]] |
market_capitalization = [[US Dollars|USD]]66.9 billion (Feb 2008) |
revenue = [[US Dollars|USD]] 28.9 billion<ref>Figures do not include Corus, whose sales totaled US$19 billion in 2007</ref>([[Fiscal year|FY]] 2007)<br>([[Image:green up.png]]31.5%)|


''Profile:''
net_income = {{profit}} [[USD]] 4 billion (FY 2007)|
Tata Capital Limited is a wholly-owned subsidiary of Tata Sons Limited, the apex holding company of the Tata Group.
homepage = [http://www.tata.com/ www.tata.com]
}}


Tata Capital is registered with the Reserve Bank of India (RBI) as a Systemically Important Non Deposit Taking Non Banking Financial Company and aims to fulfill the diverse needs of Retail and Institutional customers through seven broad areas of business, namely - Retail Finance, Corporate Finance, Distribution & Broking, Capital Markets, Private Equity, Wealth Management and Rural Finance.
The '''Tata Group''' ([[Hindi]]: टाटा समूह) is a [[Multinational corporation|multinational]] [[Conglomerate (company)|conglomerate]] based in [[Mumbai]], [[India]]. In terms of market capitalization and revenues, Tata Group is the largest private company in India. It has interests in [[steel]], [[automobiles]], [[information technology]], [[communication]], [[Electric power|power]], [[tea]] and [[hotel]]s. The Tata Group has operations in more than 85 countries across six continents and its companies export products and services to 80 nations. The Tata Group comprises 98 companies in seven business sectors, 27 of which are publicly listed. 65.8% of the ownership of Tata Group is held by the charitable trust of Tata.<ref>
{{cite web | title = A tradition of trust | work = Community Initiatives | publisher = Tata.com | url = http://www.tata.com/0_our_commitment/community_initiatives/tata_trusts/overview.htm | accessdate = 2006-10-30}}</ref> Companies which form a major part of the group include [[Tata Steel]], [[Corus Group|Corus Steel]], [[Tata Motors]], [[Tata Consultancy Services]], [[Tata Tea Limited|Tata Tea]], [[Tata Power]], [[Tata Communications]] and the [[Taj Hotels]].


''Areas of Business:''
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. <ref>{{cite web|title = Tata Family Tree|publisher = tatacentralarchives.com|url=http://www.tatacentralarchives.com/Heritage/FamilyTree.Pdf|accessdate=2007-06-02}}</ref>
Tata Capital is structured across seven key verticals to undertake different lines of business through divisions, subsidiaries or joint ventures as per regulatory requirements. These seven business verticals are:


1. Distribution & Broking - third party investment products, equity and commodity trading for retail and institutional customers;
The Tata Group comprises 98 operating companies in seven business sectors: information systems and communications; engineering; materials; services; energy; consumer products; and chemicals. The Group was founded by Jamsetji Tata in the mid 19th century, a period when India had just set out on the road to gaining independence from British rule. Consequently, Jamsetji Tata and those who followed him aligned business opportunities with the objective of nation building. This approach remains enshrined in the Group's ethos to this day.
2. Retail Finance – passenger and commercial vehicle loans, used car loans, personal loans, home loans and credit cards for retail customers;
3. Corporate Finance – financial products for the small and medium enterprises and equipment and infrastructure finance;
4. Capital Markets – advisory and debt and equity market products for corporate and small and medium enterprises;
5. Private Equity – private equity investments in India and overseas;
6. Wealth Management – financial planning and suite of investment offerings for HNIs (High Networth Individuals); and
7. Rural Finance – relevant financial products for rural customers including financing of farm equipment, agricultural inputs and agri enterprise loans.


''Company Strategy:''
The Tata Group is one of India's largest and most respected business conglomerates, with revenues in 2006-07 of $28.8 billion or Rs129,994 crore (not including Corus financials), the equivalent of about 3.2 per cent of the country's GDP, and a market capitalisation of $66.26 billion as on April 30, 2008. Tata companies together employ some 289,500 people. The Group's 27 publicly listed enterprises — among them stand out names such as Tata Steel, Tata Consultancy Services, Tata Motors and Tata Tea — have a combined market capitalisation that is the highest among Indian business houses in the private sector, and a shareholder base of over 2.9 million. The Tata Group has operations in more than 80 countries across six continents, and its companies export products and services to 85 countries.
The Tata Group is amongst the most respected business houses in the world. Tata Capital brings the trust and expertise of the Tata Group to an economically and socially relevant sector like financial services.


The company is focused and committed to providing multiple financial services under one roof and build an extensive network of over 1,000 customer touch-points covering both Tier I, Tier II and Tier III cities. It employs hi-end technology solutions, efficient back-end processes and innovative financial solutions to offer superior customer experience.
The Tata family of companies shares a set of five core values: integrity, understanding, excellence, unity and responsibility. These values, which have been part of the Group's beliefs and convictions from its earliest days, continue to guide and drive the business decisions of Tata companies. The Group and its enterprises have been steadfast and distinctive in their adherence to business ethics and their commitment to corporate sustainability. This is a legacy that has earned the Group the trust of many millions of stakeholders in a measure few business houses anywhere in the world can match.


''Company Structure:''
== Engineering ==
The businesses are carried out by Tata Capital Limited through divisions, subsidiaries or joint ventures as per regulatory requirements.
*TAL Manufacturing Solutions
*[[Tata AutoComp Systems Limited]] (TACO) [http://www.tacogroup.com], auto-component manufacturer
*[[Tata Motors]] (formerly Tata Engineering and Locomotives Ltd (TELCO)), largest manufacturer of [[commercial vehicles]] and [[automobile|passenger cars]] in India.
*Tata Projects
*TCE Consulting Engineers
*Telco Construction Equipment Company
*TRF
*[[Voltas]], consumer electronics company


''Subsidiaries/affiliates:''
== Materials ==
• Tata Securities Limited (TSL) is a wholly owned subsidiary of Tata Capital Limited., engaged in Retail and Institutional Distribution and Broking. TSL distributes third-party investment products and offers stock broking services of buying, selling or dealing in securities, including Futures and Options, in its capacity as a member of the Bombay Stock Exchange and the National Stock Exchange. TSL is also a Depository Participant.
*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|fifth largest]] in the world. [[Corus Group]] is a subsidiary of Tata Steel.<ref>[http://business.timesonline.co.uk/article/0,,16614-2576211,00.html News and Views from The Times and Sunday Times | Times Online<!-- Bot generated title -->]</ref>.
* [[Tata Refractories Limited]][http://www.tataref.com ] is India's largest refractory manufacturer. It has largest refractory plant in Asia under one roof in Belaphar ,Orissa.
* [[Tayo Rolls]], Formerly Tata-Yodogawa, India's largest [[steel]] [[cast roll]] manufacturer and supplier based in Jamshedpur. Promoted by Tata Steel.<ref>[http://www.tayo.co.in/ TAYO ROLLS LIMITED,ISO 9001:2000 Certified, A TATA Enterprise<!-- Bot generated title -->]</ref>
* [[Tata Tinplate]], a major tinning line in Jamshedpur, India. Promoted by Tata Steel.
* [[Tata Timken]], a manufacturer of world class bearings.


• Tata Capital Markets Limited (TCML) is a wholly owned subsidiary of Tata Capital Limited, engaged in Debt and Equity Capital Markets and M&A Advisory. TCML has a Category I Merchant Banking License from the Securities and Exchange Board of 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.


• e-Nxt is a KPO unit specialising in the area of financial services and is owned by Tata Capital Limited, Tata Sons Limited and others.
== Chemicals ==
* [[Rallis India]]
* [[Tata Pigments]]
* [[Tata Chemicals]], headquartered in Mumbai, India, Tata Chemicals has the largest single [[soda ash]] production capacity plant in India. Since 2006 Tata Chemicals has owned [[Brunner Mond]], a United Kingdom-based chemical company with operations in Kenya and the Netherlands


• Tata Capital Limited also owns around 4% of equity capital of Development Credit Bank, a growing private sector bank.
== 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
*Tata Johnson Controls


Alliances:
== Consumer Products ==
• Tata Capital has entered into an understanding with Mizuho Securities Co. Ltd. to promote an alliance in private equity, investment banking including cross border merger and acquisition, securities business including broking and distribution, structured finance and other business areas such as wealth management.
*Tata Ceramics
*Infiniti Retail
*[[McGraw Hill|Tata 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]]
*[[Tata Tea]]


• Tata Capital has entered into an understanding with Equifax Inc. and CRISIL to develop plans to create a credit information company in India. The establishment and associated timing of the credit information company are contingent on regulatory approvals from the RBI and other regulatory authorities in India.
== Information systems and communications ==
*[[Computational Research Laboratories]]
*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
*[[Tata Communications]], formerly VSNL, the Indian telecom giant, was acquired in 2002. Tata-owned VSNL acquired [[Teleglobe]] in 2006.


''Registered Office:''
==The Tata logo==
Tata Capital Limited
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.
One Forbes

Dr. V.B. Gandhi Marg
==Philanthropy and nation building==
Fort, Mumbai – 400 001
The Tata Group has helped establish and finance numerous quality research, educational and cultural institutes in India. It is the one of the leading and enormously respected philanthropic corporate entity in India<ref>{{cite news|url=http://www.tata.com/0_our_commitment/community_initiatives/overview.htm | title=The rainbow effect |date=May 4, 2008}}</ref><ref>{{cite news|url=http://www.synergos.org/globalgivingmatters/features/0503tatagroup.htm | title=India's Tata Group: Empowering marginalized communities |date=May 4, 2008}}</ref>. The Tata Group was awarded the Carnegie Medal of Philanthropy in 2007 in recognition of the group's long history of philanthropic activities<ref>{{cite news|url=http://www.carnegiemedals.org/news/2007medals.html | title=U.S. and Indian philanthropists recognized for conviction, courage and sustained efforts |date=May 4, 2008}}</ref>. 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 the Performing Arts (India)|National Centre for Peforming Arts]]
*Tata Management Training Centre
*[[Tata Memorial Hospital]]
*[http://www.tata.com/0_our_commitment/community_initiatives/institutes/jrd_ecotech.htm The JRD Tata Ecotechnology Centre]

A comprehensive list is available on the [http://www.tata.com/0_our_commitment/community_initiatives/ company website]

==Tata acquisitions and targets==

*February 2000 - [[Tetley]] [[Tea]] Company, $407 million
*March 2004 - [[Tata Daewoo Commercial Vehicle|Daewoo Commercial Vehicle]] Company, $102 million
*August 2004 - NatSteel's Steel business, $292 million
*November 2004 - Tyco Global Network, $130 million
*July 2005 - [[VSNL International Canada|Teleglobe International Holdings]], $239 million
*October 2005 - Good Earth Corporation
*December 2005 - Millennium Steel, Thailand, $167 million
*December 2005 - [[Brunner Mond]] [[Chemicals]] [[Limited]], $120 million
*June 2006 - Eight O'Clock Coffee, $220 million
*November 2006 - Ritz Carlton Boston, $170 million
*Jan 2007 - [[Corus Group]], $12 billion
*March 2007 - Bumi Resources, $1.1 billion
*April 2007 - Campton Place Hotel, San Francisco, $60 million
*February 2008 - General Chemical Industrial Products, $1 billion
*March 2008 - [[Jaguar Cars]] and [[Land Rover]], $2.3 billion
*March 2008 - Serviplem SA, Spain
*April 2008 - Comoplesa Lebrero SA, Spain

===Targets===
*[[Close Brothers Group]], $2.9 billion
*Orient Express Hotels, $2.5 billion
*January 2008 - [[T-Systems]] International (IT division of [[Deutsche Telekom]])

==Environmental Record==

Tata, along with a Tanzanian company, joined forces to build a soda ash extraction plant in Tanzania.<ref>http://www.nationmedia.com/eastafrican/05112007/News/news0511077.htm</ref> The Tanzanian government is all for the project.<ref>http://www.nationmedia.com/eastafrican/05112007/News/news0511077.htm</ref> On the other hand, environmental activists are opposing the plant because it would be near Lake Natron, and it could possibly affect the lake's ecosystem and its neighboring dwellers.<ref>http://allafrica.com/stories/200805160426.html</ref> Tata was planning to change the site of the plant so it would be built 32km from the lake, but the opposition still thinks it would negatively disturb the environment.<ref>http://allafrica.com/stories/200805160426.html</ref> It could also jeopardize the Lesser Flamingo birds there, which are already endangered. Lake Natron is where two thirds of Lesser Flamingos reproduce.<ref>http://economictimes.indiatimes.com/Chem__Fertilisers/Tata_Chemicals_African_safari_hits_green_hurdle/articleshow/2504026.cms</ref> Producing soda ash involves drawing out salt water from the lake, and then disposing the water back to the lake. This process could interrupt the chemical make up of the lake.<ref>http://www.nationmedia.com/eastafrican/05112007/News/news0511077.htm</ref> Twenty-two African nations are against the creation of the project and have signed a petition to stop its construction.<ref>http://www.nationmedia.com/eastafrican/05112007/News/news0511077.htm</ref>

==See also==
*[[Jamsetji Tata]]
*[[Dorabji Tata]]
*[[J. R. D. Tata|J.R.D.Tata]]
*[[Ratan Tata]]
*[[Pallonji Mistry]]
*[[Corus Group]]


==References==
==References==
<div class="references-small">
Tata’s Corus acquisition : one of the biggest in Indian History - http://economictimes.indiatimes.com/articleshow/1548117.cms
<references/>
</div>


==External links==
==External links==
* [http://www.tata.com/ Tata Group of Companies]
* http://www.tata.com/tata_capital/index.htm
* [http://www.ericellis.com/tata.htm Fortune Magazine 2002 profile]
* Jamsetji Nusserwanji Tata: The founder of the Tata Empire [http://www.tata.com/0_about_us/history/pioneers/jamsetji_tata.htm Jamsetji Tata]
* [http://www.tatacentralarchives.com/Heritage/FamilyTree.Pdf A section of the Tata family Tree]
* [http://www.tata.com/tata_sons/media/20041207.htm Information about holding by Pallonji in Tata sons]
* [http://www.avantishanti.de/PUCLReponKalinganagar.pdf PUCL Report on Kalinganagar]
* [http://birlaa.com/2008/03/26/tata-buys-into-trouble/ TATA BUYS INTO TROUBLE ]
{{Tata Group}}

<nowiki></nowiki>

[[Category:Companies established in 1868]]
[[Category:Family businesses]]
[[Category:Tata Group| ]]
[[Category:Conglomerate companies]]
[[Category:Jamshedpur]]
[[Category:Companies based in Mumbai]]

[[de:Tata (Unternehmen)]]
[[eo:Tata (firmao)]]
[[es:Grupo Tata]]
[[fr:Tata (famille)]]
[[hi:टाटा]]
[[it:Tata Group]]
[[mr:टाटा कन्सल्टन्सी सर्व्हिसेस]]
[[nl:Tata Group]]
[[ja:タタ・グループ]]
[[pt:Grupo Tata]]
[[fi:Tata Group]]
[[sv:Tata (konglomerat)]]
[[vi:Tập đoàn TaTa]]
[[tr:Tata]]
[[zh:塔塔集团]]

Revision as of 15:42, 22 May 2008

Tata Capital Limited

Profile: Tata Capital Limited is a wholly-owned subsidiary of Tata Sons Limited, the apex holding company of the Tata Group.

Tata Capital is registered with the Reserve Bank of India (RBI) as a Systemically Important Non Deposit Taking Non Banking Financial Company and aims to fulfill the diverse needs of Retail and Institutional customers through seven broad areas of business, namely - Retail Finance, Corporate Finance, Distribution & Broking, Capital Markets, Private Equity, Wealth Management and Rural Finance.

Areas of Business: Tata Capital is structured across seven key verticals to undertake different lines of business through divisions, subsidiaries or joint ventures as per regulatory requirements. These seven business verticals are:

1. Distribution & Broking - third party investment products, equity and commodity trading for retail and institutional customers; 2. Retail Finance – passenger and commercial vehicle loans, used car loans, personal loans, home loans and credit cards for retail customers; 3. Corporate Finance – financial products for the small and medium enterprises and equipment and infrastructure finance; 4. Capital Markets – advisory and debt and equity market products for corporate and small and medium enterprises; 5. Private Equity – private equity investments in India and overseas; 6. Wealth Management – financial planning and suite of investment offerings for HNIs (High Networth Individuals); and 7. Rural Finance – relevant financial products for rural customers including financing of farm equipment, agricultural inputs and agri enterprise loans.

Company Strategy: The Tata Group is amongst the most respected business houses in the world. Tata Capital brings the trust and expertise of the Tata Group to an economically and socially relevant sector like financial services.

The company is focused and committed to providing multiple financial services under one roof and build an extensive network of over 1,000 customer touch-points covering both Tier I, Tier II and Tier III cities. It employs hi-end technology solutions, efficient back-end processes and innovative financial solutions to offer superior customer experience.

Company Structure: The businesses are carried out by Tata Capital Limited through divisions, subsidiaries or joint ventures as per regulatory requirements.

Subsidiaries/affiliates: • Tata Securities Limited (TSL) is a wholly owned subsidiary of Tata Capital Limited., engaged in Retail and Institutional Distribution and Broking. TSL distributes third-party investment products and offers stock broking services of buying, selling or dealing in securities, including Futures and Options, in its capacity as a member of the Bombay Stock Exchange and the National Stock Exchange. TSL is also a Depository Participant.

• Tata Capital Markets Limited (TCML) is a wholly owned subsidiary of Tata Capital Limited, engaged in Debt and Equity Capital Markets and M&A Advisory. TCML has a Category I Merchant Banking License from the Securities and Exchange Board of India.

• e-Nxt is a KPO unit specialising in the area of financial services and is owned by Tata Capital Limited, Tata Sons Limited and others.

• Tata Capital Limited also owns around 4% of equity capital of Development Credit Bank, a growing private sector bank.

Alliances: • Tata Capital has entered into an understanding with Mizuho Securities Co. Ltd. to promote an alliance in private equity, investment banking including cross border merger and acquisition, securities business including broking and distribution, structured finance and other business areas such as wealth management.

• Tata Capital has entered into an understanding with Equifax Inc. and CRISIL to develop plans to create a credit information company in India. The establishment and associated timing of the credit information company are contingent on regulatory approvals from the RBI and other regulatory authorities in India.

Registered Office: Tata Capital Limited One Forbes Dr. V.B. Gandhi Marg Fort, Mumbai – 400 001

References

External links