|The largest and most respected Indian|
business congolmerate ..
|Cyrus Mistry, out-going Chmn|
3. Net debt for the group rose from $23.4 billion in 2015 to $24.5 billion in 2016
|N. Chandrasekharan, incoming Chmn|
5. Only TCS and Jaguar Land Rover (JLR) have been consistent top performers, with JLR out performing all expectations ..
6. Tata's 2007 $12.5 billion acquisition of European steel Co. Corus, though looked very promising and far reaching then, it did not fetch good returns over the years as global steel prices fell with Chinese dumping of steel in global markets (extraneous reasons) ..
After JJ Irani, Chandrasekhar is the only person from outside the family (and the only non Parsi) taking the reins of Tata Sons on Feb 21, 2017. It also shows the professional commitment of the group allowing professionals more freedom to run the group.
|Chandra, the marathon runner ..|
We only wish good for him. Heading the only $100 billion + conglomerate (the most respected and adored group) in the country, we want Tata Sons to grow still further under Chandrasekhar's leadership .. Chandra has been rewarded by the Tata Board for successfully guiding their biggest entity profitably and successfully. This elevation of Chandra is ample proof of the import of IT and hence TCS in the country's development in the coming years.
|Thomas A Edison and his co.|
General Electric, 1890 ..
|Jamshedji Tata, the pioneer of the |
Tata family started a textile firm
The Tata group started by Jamshedji Tata in 1868, who moved away from their family profession of priesthood to business, by establishing a textile company in Mumbai will be celebrating its 150 th anniversary next year under a professional manager and leader with a global focus, ready to take on the world ..