3. TATA GROUP OF COMPANIES
Tata Group is an Indian
multinational conglomerate holding
company headquartered in Mumbai,
Maharashtra, India. It was founded in
1868 by Jamsetji Tata and gained
international recognition after
purchasing several global companies. It
is one of India's largest conglomerate
and is owned by "Tata Sons", a
charity registered with the Charity
commissioner in India.
5. The Tata logo symbolizes fluidity and adaptability. It
is also said to depict a fountain of knowledge, or a
tree of trust under which people can take shelter. The
blue color in the Tata logo stands for excellence,
reliability and strength of the company’s products.
6. TATA GROUP
Tata group has spread itself in various
sectors such as:
Chemicals
Consumer products
Energy
Engineering
Information systems and communications
Services
Steel
8. ACQUISITIONS
February 2000 – Tetley Tea Company, $407 million
March 2004 – Daewoo Commercial Vehicle Company, $102 million
August 2004 – NatSteel's Steel business, $292 million
November 2004 – Tyco Global Network, $130 million
July 2005 – Teleglobe International Holdings, $239 million
October 2005 – Good Earth Corporation
December 2005 – Millennium Steel, Thailand, $165 million
December 2005 – Brunner Mond Chemicals, $10 million
June 2006 – Eight O'clock Coffee, $220 million
November 2006 – Ritz Carlton Boston, $170 million
January 2007 – Corus Group, $12 billion
March 2007 – PT Kaltim Prima Coal (KPC) (Bumi Resources), $1.1 billion
9. April 2007 – Campton Place Hotel, San Francisco, $60 million
January 2008 – Imacid Chemical Company, Morocco
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
May 2008 – Piaggio Aero Industries Spa., Italy
June 2008 – China Enterprise Communications, China
October 2008 – Miljo Grenland / Innovasjon, Norway
April 2010 - Hewitt Robins International, United Kingdom
July 2013 - Alti SA, France
December 2014 - Energy Products Limited, India
June 2016 - Welspun Renewables Energy, India
10. TATA INNOVATION
Tata looks at innovation as a strategic approach to a global growth
and has adopted a three-prolonged strategy to encourage it.
The three key drivers are better communication and recognition of
innovative ideas and efforts; facilities for learning from other
companies; and support for collaborative research and partnerships
with academic institutions.
Communication and recognition a number of initiatives have been
launched to spread the message of innovation and recognize
innovators: Tata Group Innovation Forum (TGIF).
The role of TGIF members is to assist their companies in
experimenting with ideas, propagate the relevant ones and spread
them through the enterprise.
11. CONTROVERSIES AND CRITICISMS
The Tata Group has also attracted several controversies and
criticisms, including the following.
Munnar, Kerala
Kalinganagar, Odisha
Supplies to Burma's military regime
Land acquisition in Singur
Dhamra Port, Odisha
Soda extraction plant in Tanzania
Data and intellectual property theft
Fire breakout at headquarters
12. PHILANTHROPY
The Tata Group has helped establish and finance numerous research,
educational and cultural institutes in India. Some of the institutes
established by the Tata Group are:
•The Energy and Resources, a non-governmental research institute
•The JRD Tata Ecotechnology Centre
•National Centre for Performing Arts
•Tata Center for Technology & Design at MIT
•Tata Centre for Technology & Design at IIT Bombay
•Tata Cricket Academy
•Tata Football Academy
•Tata Institute of Social Sciences
•Tata Management Training Centre
•Tata Medical Center
13. INFOSYS FOUNDATION
Infosys Limited (formerly Infosys
Technologies Limited) is an
Indian multinational
corporation that provides business
consulting, information
technology and outsourcing service
s. It has its headquarters
in Bengaluru, India.
Infosys is the third-largest Indian IT company by 2017 revenues and
596th largest public company in world in terms of revenue. On June
30, 2017, its market capitalization was $34.33 billion. The credit
rating of the company is A- (rating by Standard & Poor's).
14. FOUNDER
•Narayana murthy is an Indian IT
industrialist and the founder of
Infosys.
•At IIM he worked on India’s first
time sharing computer system
and designed and implemented
a basic interpreter for electronic
corporation of India limited.
•He started Infosys in 1981 and
served as its CEO from 1981 to
2002 and as chairman from 2002
to 2011.
15. PRODUCTS DESIGNED BY INFOSYS
AEROSPACE: design of A380 inboard fixed trailing edge.
AUTOMOTIVE: Model for combustion pressure inside
engine.
BUSSINESS SOFTWARE & ENTERPRISE PRODUCTS:
design and development of internet security product suite.
MEDICAL DEVICES: innovation in all aspects of medical
image-analysis platform and biochemical-markers in drug
development for a CRO.
16. In December 2003, Infosys acquired Australia-based IT service
provider Expert Information Services for $23 million.
In December 2009, Infosys BPO acquired Atlanta-based
McCamish Systems for about $38 million.
In January 2012, Infosys BPO acquired Australia-based Portland
Group, provider of strategic sourcing and category management
services, for about AUD 37 million.
In September 2012, Infosys acquired Switzerland-based Lodestone
Management Consultants for about $345 million, which was later
combined into the larger Infosys Consulting group.
ACQUISITIONS
17. In March 2015, Infosys acquired Israeli software
company Panaya, a leading provider of automation technology
for large scale enterprise software management for $200 million.
In June 2015, Infosys acquired Skava, provider of digital
experience solutions, including mobile commerce and in-store
shopping experiences to large retail clients, for $120 million.
In November 2015, Infosys acquired Texas-based Noah-
Consulting, a provider of information management consulting
services for the oil and gas industry, for $70 million USD.
In August 2017, Infosys acquired UK-based Brilliant Basics, a
product design and customer experience (CX) company, for
GBP 7.5 million. It has studios in London and Dubai.
18. INITIATIVES
Infosys Foundation
In 1996, Infosys established the Infosys Foundation, to support the
underprivileged sections of society.
Academic Entente
Infosys' Global Academic Relations team forges Academic Entente (AcE) with
academic and partner institutions. It explores co-creation opportunities
between Infosys and academia through case studies, student trips and
speaking engagements.
Infosys Labs
Infosys Labs is organized as a global network of research labs and innovation
hubs.
Infosys Prize
The Infosys Prize is an annual award given to scientists, researchers, engineers
and social scientists connected to India.
19. CONCLUSION
Infosys is the incredible story of success and successful
execution of business model, the company has entered
red ocean market with insignificant stake and power in
market. Business models proposed by Infosys redefined
market needs, improved services time and quality and
conceptually change the game rules that bigger players
were following.