3. TATA GROUP
Founder Jamsetji tata
Founded 1868
Type Private
Industry Conglomerate
Head quarters Mumbai ,maharashtra
Area served World wide
Chairman (present) Ratan tata
Owner Tata sons
Total employees 660,800
Revenue (2016) 103.5 billion $
Total asset 120.6 billion $
Website www.Tata.Com
4. HOUSE OF TATAS
Nusserwanji Tata Dadabhoy Tata
(Married To Jeevanbai) (Brother Of Jeevanbai Tata)
Jamsetjee Nusserwanji Tata R.D. Tata
(Founder)
Dorabji Tata Ratanji Tata J.R.D Tata
Naval Tata
Ratan Tata Noel Tata
5. EVOLUTION OF TATA
Foundation (1868-2011)
1868: Jamsetji Nusserwanji Tata starts a private trading firm, laying The
Foundation Of The Tata Group.
1874: The Central India Spinning, Weaving and Manufacturing Company is set
up, marking the group's entry into textiles and Its First Large-scale Industrial
Venture.
1902: The Indian Hotels Company is incorporated to set up the Taj Mahal Palace
and Tower, India's first luxury hotel
1907: The Tata Iron and Steel Company (now Tata Steel) is established to set
up India's First Iron And Steel Plant in Jamshedpur
1910: The First of the three Tata Electric Companies, The Tata Hydro-Electric
Power Supply Company is set up
1917: The Tatas enter the consumer goods industry, with The Tata Oil Mills
Company being established to make soaps, detergents and cooking oils. The
company was sold to Hindustan Lever (now Unilever)
6. 1932: Tata Airlines, a division of Tata Sons, is established
1945: Tata Engineering and Locomotive Company is established to
manufacture locomotive and engineering products (renamed Tata Motors in
2003)
1952: Jawaharlal Nehru, India's first Prime Minister, requests the group to
manufacture cosmetics in India, leading to the setting up of Lakme. The
company was sold to Hindustan Lever (now Unilever) in 1997
1954: India's major marketing, engineering and manufacturing organisation,
Voltas, Is Established
1962: Tata Finlay (now Tata Tea), one of the largest tea producers, is
established
1968: Tata Consultancy Services (TCS), India's first software services
company, is established
1971: Tata Precision Industries, The First Tata company in Singapore, is
founded to design and manufacture precision engineering products
1984: The First 500 MW thermal power unit at the Trombay station of the
Tata Electric Companies is commissioned
7. 1996: Tata Teleservices (TTSL) is established
1998: Tata Indica — India's first indigenously designed and manufactured
car - is launched by Tata Motors
2005: Tata Steel acquires Singapore-based steel company NatSteel by
subscribing to 100 per cent equity of its subsidiary, NatSteel Asia
2006: Tata Sky satellite television service launched across the country
2008. Tata Motors acquires the Jaguar And Land Rover Brands from the
Ford Motor Company
2009: Tata Motors announces commercial launch of the Tata Nano; Tata
Nano draws over 2.03 lakh bookings; first 100,000 owners of the Tata Nano
2011: Tata Coffee and Starbucks sign MoU for strategic alliance in India
8. Tata Sons Limited is the holding company of the Tata
Group and holds the Bulk Of Shareholding In These
Companies
It was Established as a trading enterprise by Group
Founder Jamsetji Tata in 1868
The chairman of Tata Sons has traditionally been the
chairman of the Tata Group. About 66% of the equity
capital of Tata Sons is held by philanthropic trusts
endowed by members of theTata family
The biggest two of these trusts are the Sir Dorabji Tata
Trust and Sir Ratan Tata Trust
11. Ratan Naval Tata
Ratan Naval Tata is an Indian
businessman, investor, philanthropist
and interim chairman of Tata Sons.
He is the chairman of Tata Group, a
Mumbai-based global business
conglomerate from 1991 till 2012 and
again from 24 October 2016 for interim
term, and continues to head its
charitable trusts
12. Cyrus Pallonji Mistry
Cyrus Pallonji Mistry Is An Irish
Businessman Of Indian Origin Who Was
Chairman Of Tata Group, An Indian
Business Conglomerate, Between 2012
And 2016
Mistry Was Born To A Parsi Family
In Mumbai, The Younger Son Of Indian
Billionaire And Construction
Magnate Pallonji Mistry By His Wife Patsy
Perin Dubash
14. Failure Of Dream Projec
Nano Was Launched In The Year 2009, And It Has Never Witnessed
A Positive Growth In Its Overall Sales. Last Quarter Ending
September, 2013, Its Sale Plunged 74% Compared To Last Year, As
Only 10,202 Units Were Sold In This Period
Its Sales Were Down 28% Compared To Last Year And The Trend
Will Unfortunately Continue
After Cyrus Mistry Took Over The Reins Of Tata, He Tried To
Reintroduce Nano As A Smart City Car, For Enticing Young Urban
Population And Those With Less Space For Parking. They Even
Invested A Fresh Capital Of Rs 3000 Crore Into This Loss Making
Product
But The Results Aren’t Suggesting That The Sale Will Pick Up
Anytime Soon, Especially As The Whole Automobile Sector In India Is
15. Mistry's Charges
Failed
Mistry Said He Was Promised A Free Hand When He Was
Appointed Chairman In December 2012 But Articles Of
Association Were Modified, Changing The Rules Of
Engagement Between The Tata Family Trusts And The Board
Of Tata Sons.
In Clear Signs That Not All Was Well Between Him And Tata,
He Highlighted His Predecessor's Loss-making Nano Car
Project That Consistently Lost Money But Could Not Be Shut
Down For "Emotional Reasons" And Because It Would Have
Stopped The Supply Of Nano Gliders To An Electric Car
Making Entity Where Tata Had Stake“
Earlier Mr. Mistry In His Letter Bomb To The Tata Sons
Board Blamed Mr. Ratan Tata For Striking Such A
Questionable Agreement. The Letter Said That An Exit From
The Telecom Business Would Cost As Much As $5 Billion, In
Addition To The Payout To Docomo
20. Board Of Directors
Names Position
Mr. Cyrus P Mistry
Non-executive, Non-
independent Director
Mr. Nusli N Wadia
Non-executive, Independent
Director
Mr. Nasser Munjee
Non-executive, Independent
Director
Mr. Subodh Bhargava
Non-executive, Independent
Director
Mr. Guenter Butschek
Chief Executive Officer &
Managing Director
Mr. Ravindra Pisharody
Executive Director (Commercial
Vehicles)
Mr. Satish Borwankar Executive Director
Mr. Vinesh Kumar Jairath
Non-executive, Independent
Director
Dr. Raghunath Mashelkar
Non-executive, Independent
Director
Chairman
Executive Committee
Of The Board
Nomination &
Remuneration
Committee
Audit Committee
Stakeholders
Relationship
Committee
Safety, Health &
Environment
23. Future Of The TATA Group
Even after his retirement, Ratan Tata was
looking out for the Future Of The Group. He
was constantly in touch with the big names
of the business, whereas Cyrus was busy
with daily affairs, not preparing the group for
its future.
Tata Sons’ press note has also made it
amply clear that the decision to remove
Cyrus and Finding a new chairman was
important for the future of their businesses
24. Next Chairman ?
The Door Has Been Left Wide Open For Tata Sons’ Next Chairman
Also, it was only last month that tata sons inducted some new
names into its board. Ajay parimal, venu shrinivasan, and amit
chandra are few of the big names in the list. Cyrus must have read
the warning signs. He might think of fighting A legal battle against
the decision of the board, but it is difficult to see what he could
achieve as tata trust has A firm grip on tata sons, owning 66 percent
shares of the groupoutside or inside the group