RSS Feed (xml)

Powered By

Skin Design:
Free Blogger Skins

Powered by Blogger

Saturday, December 29, 2012

Cyrus a new challenger of Tata Empire

Cyrus Mistry will be the next chairman of Tata Empire from Monday.

It is said that he was groomed for this position for a year but I doubt whether he will perform as brilliantly as Sir Ratan Tata. I have allowed myself for respecting him as "Sir" because I really idolize him the way he took the Tata Group value to approx $100 billion and become the 5th global company in world

Achievements of Ratan Tata 

 Tata Indica, the conglomerate's first passenger car, was launched this year. The car went on to become the No. 1 brand in its segment within two years

Year2001: Tata AIG, a joint venture between the Tata group and American International Group Inc (AIG), marks the re-entry of the Tata group into the insurance sector. The group's insurance company, New India Assurance, founded by Dorab Tata in 1919, was nationalised in 1956.

Year 2002: The group acquires a controlling stake in Videsh Sanchar Nigam Ltd. VSNL was founded in 1986 and was the first Indian PSU to be listed on the New York Stock Exchange.

Year 2003: Tata Consultancy Services became the first Indian software company to cross $1 billion in revenue. The company went public a year later. 

Year 2004: Tata Motors is listed on the New York Stock Exchange. The company also acquires the heavy vehicles unit of Daewoo Motors the same year.
Year 2007: Tata Steel acquires Anglo-Dutch company Corus, the second-largest steel maker in Europe.
Year 2008: Tata Motors unveils the Nano, the country's cheapest passenger car. It was initially dubbed the R 1 lakh car, though it now costs Rs. 1.5-2 lakh.  Tata Motors acquires the Jaguar and Land Rover businesses from Ford, and forms a new company, Jaguar Land Rover.

Year 2012: Tata Global Beverages and Starbucks form a joint venture, Tata Starbucks Ltd, and open their first store in Mumbai.

Year 2000: Tata Tea, now Tata Global Beverages, acquired the Tetley group, the world's second largest manufacturer and distributor of tea. Tetley is the largest tea company in the UK.

1 comment:

Anonymous said...

What's up Dear, are you in fact visiting this web site regularly, if so then you will definitely obtain good knowledge.

Feel free to surf to my homepage - Ohio Moving