The Tata group’s core purpose is to improve the quality of life of the communities it serves globally, through long-term stakeholder value creation based on leadership with trust. Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise headquartered in India, and comprises over 100 operating companies, with operations in more than 100 countries across six continents, exporting products and services to over 150 countries. The revenue of Tata companies, taken together, was $103.27 billion (around Rs 624,757 crore) in 2013-14, with 67.2 percent of this coming from businesses outside India. Tata companies employ over 581,000 people worldwide. Good corporate citizenship is part of the Tata group’s DNA. Sixty six percent of the equity of Tata Sons, the promoter holding company, is held by philanthropic trusts, thereby returning wealth to society. As a result of this unique ownership structure and ethos of serving the community, the Tata name has been respected for more than 140 years and is trusted for its adherence to strong values and business ethics. Each Tata company or enterprise operates independently and has its own board of directors and shareholders, to whom it is answerable. There are 32 publicly-listed Tata enterprises and they have a combined market capitalisation of about $134.8 billion (as on November 20, 2014), and a shareholder base of 3.9 million. Tata companies with significant scale include Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels.
Export Development Canada (EDC) and Tata Sons have entered into an agreement, under which EDC will provide up to USD 500 million every year in financing for Tata companies. EDC will underwrite loans under the agreement as opportunities arise for Canadian companies, particularly small-to medium-size... (more)
Today, the first product from a new relationship between Cobham Mission Systems (CMS) and TATA Advanced Systems Limited (TASL) to build Air-to-Air Refuelling Structures, is ready for delivery from the TASL facility in Hyderabad.
TATA Advanced Systems Limited (TASL) was select... (more)
Tata Trusts has extended its support for a period of four years to India’s pioneering Internet-driven peer-to-peer micro-lending platform, Rang De. This initiative aims to offer affordable micro-credit solutions to nearly a quarter of a million families, over the next five years. They will be... (more)
Grass-root level exposure to India provided to international students through sustainability projects of Tata companies
Students from leading universities – University of California, Berkeley, USA; University of California, Davis, USA; London School of Economics & Political Sc... (more)
Uber and Tata Opportunities Fund (TOF), the flagship private equity fund advised by Tata Capital, today announced that TOF will make a significant investment in Uber, the first such investment made by TOF in a global company with headquarters outside India and underscores the confidence in Uber. Th... (more)
Tata Capital, the financial services arm of the Tata Group, launched an online portal – cars.tatacapital.com, a first-of-its-kind online, car loan integrated store, where customers can both search for the right car (new/used) and the right car loan. The online store will provide consumers an ... (more)
The Blackstone Group (NYSE: BX) today announced that a private equity fund managed by Blackstone on behalf of its private equity investors has sold its 97.9% stake in Agile Electric Sub Assembly Private Limited (“Agile”), an Indian electric motor manufacturer, to Igarashi Electric Works... (more)
Tata Capital has entered into a tie-up with Snapdeal under its Capital Assist program for financing Snapdeal’s sellers and online merchants. Under the arrangement, Tata Capital will provide unsecured loans in the range of Rs.5 lakhs to Rs.2 crore to meet the working capital needs of Snapdeal&... (more)
Boeing and Tata Advanced Systems Limited (TASL) today signed a framework agreement to collaborate in aerospace and defense manufacturing and potential integrated systems development opportunities, including unmanned aerial vehicles. The companies intend to access markets jointly for products and pl... (more)
Tata Trusts and Google India today announced the launch of a special program called “Internet Saathi” to empower women and their communities in rural India by enabling them to use the Internet and benefit from it in their daily lives. The joint initiative is aimed at bridging the techno... (more)
