TATA GROUPS

Tata Groups are well known even by kids. It’s the company which has excellent reputation.

“Tata Groups” had started in the year 1868 by JAMSHEDJI TATA in Mumbai, Maharastra, India. This company had been spread into 80 countries. It is the most expanded Company not only in the Country but in various parts of the world.  It deals with many different sectors like TATA STEELS, TATA MOTORS, TATA CONSULTANCY SERVICES, TATA TEA, TATA CHEMICALS, TITAN, TAJ HOTELS and Etc. This company ranks 11^th most reputable company in the world among 600 global companies. It is awarded with Carnegie medal of Philanthropy.

JAMSHEDJI NUSSERWANJI TATA- born in 3 March 1839. He was born to a Parsi family in navsari, Gujrath, India. He laid the foundation stone of the TATA GROUPS. He is regarded as the father of Indian industry. He was the first business man of his Parsi Zoroastrian priests. He joined his father in Bombay at the age of 14 and enrolled at the Elphinstone College. He was married to Hirabai Daboo while he was still a student. He had excellent talent in him and off course the role of luck help him to get him a good position in the world. The hard work of Jamshedji Tata make tata groups as the largest private sector firms in the world. Jamshedji Nusserwanji’s business was handed over to Sir Dorab Tata, the eldest son of Jamsedji tata after the death of jamsedji tata his eldest son became the chairman of the group in the year 1904.

SIR DORAB TATA- Born in 27 August 1859, He was the eldest son of Jamsedji nusserwanji tata and the was successor of TATA GROUP which was started by his father. He completed his primary education at the Proprietary High school in Bombay. Before travelling to England in 1875, where he was privately tutored. He entered Gonville and Caius College, Cambridge in 1877. He even worked as a journalist for two years at the Bombay Gazette. He married to Meherbai in the year 1897. He had played an excellent role in the progress of his father’s business. He is also the founder of TATA STEELS, TATA POWERS, and TATA CHEMICALS. Sir Dorab Tata had no children.

NOWROJI SAKLATWALA - born in the year 1875 was the only non Tata Chairman of the Tata group from 1932 till his sudden death due to heart attack. He was also a cricket player and represented the Parsees against the Europeans in 1904.

RATAN NAVAL TATA - born in 28 December 1937 is the present chairman of TATA SONS, and therefore, Tata Group. He had born in Bombay, Bombay Presidency, and British India. He resides at Colaba, Mumbai, India. He is an Indian and belongs to Parsi Ethnicity. He got his education from Coronell University. He is also the present chairman of major Tata Companies like TATA STEEL, TATA MOTORS, TATA POWERS, TATA CONSULTANCY SERVICES, TATA TEA, TATA CHEMICALS, The Indian Hotels Company and Tata Teleservices.

When he returned to India in 1962 after turning down a job with IBM on the advice of JRD, he was sent to Jamshedpur to work on the shop floor at Tata Steel with other blue-collar employees, shoveling limestone and handling the blast furnance. In 1971, he was appointed the Director of National Radio and Electronics, which was in dire straits when he came on board with losses of 40% and barely 2% share of the consumer electronic market. How ever he when he just turned it around from 2% to 25% market share the Emergency was declared. A weak economy and labour issues compounded the problem and Nelco was quickly near collapse again. In 1981, JRD Tata stepped down as Tata Industries chairman, naming Ratan as his successor. He was heavily Criticized for lacking experience in running a company of the scale of TATA INDUSTRIES. In 1991, he was appointed group chairman of the Tata Group. As a group chairman, he has been responsible for converting “the corporate commonwealth” of different Tata affiliated companies into a cohesive company. He also pushed the development of Indica and the Nano. He is widely credited for the success of the Tata Group of companies, especially after the liberalization of controls after the 1990s.

RATAN TATA had been honoured by Padma Bhushan in 2000 and Padma Vibhushan in 2008, KBE in 2009. Tata is set to retire in December 2012 to be succeeded by Cyrus Mistry, the 42 year old son of Pallonji Mistry and managing director of Shapoorji Pallonji Group.

BAD TIMES OF TATA GROUP TATA Group had lots of progress and increments as time passed, but at the same time the company faced even many troubles and controversies. Lets them lighten them a few of them;

The Tata Tapes controversy-It is a political scandal in India that was the culmination of a series of allegations of anti national conduct levied by the then Chief Minister of Assam, Prafulla Kumar Mahanta, against the TATAs their company Tata tea in particular. The controversy erupted when journalist Ritu Sarin of the Indian Express broke a story that involved the illegal tapping of the telephone calls of business tycoon. Even the Nano car controversy and Ambani’s controversies are the recent incidents which are well known to the majority.

                       THE FUTURE CHAIRMAN OF TATA SONS:

                                        Cyrus Pallonji Mistry

Cyrus Pallonji Mistry born 4 July 1968 is the youngest son of Irish construction magnate Pallonji Mistry. He has been appointed deputy chairman and chairman-designate of TATA GROUP and its holding company Tata Sons. This will make him the first non-Indian national to head the Indian conglomerate. Mistry will work with the current chairman Ratan Tata for one year and take over in December 2012. Apart from the Tata Group, he also serves as a director on the board of several other companies.