Ratan Naval TataPresent Chairman Of Tata Group(A Business Legend) INTRODUCTION1. Born: December 28‚ 1937.2. Achievement: Honored with Padma Bhushan‚ one of the highest civilian awards in 2000.3. Present Chairman Of Tata Group.4. He has taken Tata Group to new heights and under his leadership‚ Groups revenues have grown manifold. THE CHAIRMAN OF MAJOR TATA COMPANIES. CHILDHOOD Ratan Tata was born into the famous Tata family.A prominent family belonging to Mumbaiswealthy Parsi community
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SHAKY START Left to himself‚ Ratan Tata would probably have stayed on in the United States after training as an architect at Cornell University. But the son of deputy group chairman Naval Tata and the nephew of JRD Tata couldn’t be allowed to work outside the group (he had an offer from IBM). In 1962‚ Ratan joined the family business‚ working on the Tata Steel shopfloor at Jamshedpur‚ just one of several thousand employees. He got his first independent assignment less than a decade later --
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Case Study analysis TATA-CORUS:- Q.1. What are the benefits of the TATA-CORUS merger deal to the stakeholders of TATA Steel and the stakeholders of CORUS? Evaluate the post-merger security with the help of CAPM Model. A.1. On January 31st‚ 2007 India’s Tata Steel acquired Corus‚ the erstwhile British Steel Major at a price of 608 pence per Corus share totaling $12.1 billion/ Rs 54‚000 crore/ £6.1 bn‚ which was five pence per share higher than the offer of Brazil’s CSN (Companhia Siderugica Nacional)
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1. Cultural and political issues can affect Tata Motor’s Nano car. Cultural issues such as differences in languages‚ customs‚ and social issue can contribute either positively or negatively towards the Nano car. Tata Motor’s has to learn all of the legal ramifications in each country they plan to sell their car. For instance‚ just because the Nano meets the safety requirements in India does not mean it will pass the safety requirements of another because that culture may have stricter standards
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under ‘Assessment’)‚ on or prior to the day of your presentation There is no need to hand in speaking notes or other materials (in fact we encourage you not to use notes) Task: Based on the case provided‚ you will prepare a presentation for the company board on how they should firstly analyse and then manage their stakeholders‚ using theory covered in class. Extensions: No extensions will be granted for this piece of assessment. If you fail to present at the scheduled day and time (as arranged
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(a) What is your assessment of the globalization strategies of the Tata Group operating companies‚ particularly Indian Hotels‚ Tata Tea‚ and Tata Steel? Tata Steel (TISCO) As an Indian based company originating in 1907 Tata Steel (TISCO) was able to accomplish being India’s first and largest private sector steel company by 2007. As of 2007 TISCO earns the Tata Group 21% of their combined operating companies’ revenue. TISCO was protected by the Indian Government in which their
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As said by Jamsetji N. Tata‚ Founder‚ Tata Group. In a free enterprise‚ the community is not just another stakeholder in business but is in fact the very purpose of its existence." * Over the recent years too as earlier‚ the Tata philosophy to ’Give back what you get’ has been followed by all their enterprises across India. Be it relief measures‚ rural development‚ health care‚ education and art and culture‚ they have been very forthcoming. As result every year‚ the Tata Group’s contribution
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Tata Nano: The World’s First RS. 1 Lakh Car Ratan Tata had an idea‚ after a personal experience‚ to produce a car which is cheaper than 1 Lakh. They realized very fast that they can’t build a car by benchmarking against existing cars‚ so they took only the important systems which are also available in a two-wheel scooter. It was brought down by dispensing with most nonessential features‚ reducing the amount of steel used in its construction‚ and relying on low cost Indian labor. The car was an unmitigated
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INDUSTRY: BRIEF History Tata Sky is set to revolutionize television viewing in India through its superior digital quality picture and sound. The service aims to empower the Indian viewer with Choice‚ Control and Convenience through its wide array of programming choices and interactive features. Tata Sky offers viewers a variety of channels ranging from entertainment‚ sports‚ movies and music to news and documentaries in DVD quality picture and CD quality sound. Tata Sky has established an extensive
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Responsibility and Sustainability at Tata Group.” The research shows the findings of the companies CSR and suitability in depth. Tata Group has 10 core CSR principles which they strictly follow – Beyond Compliance‚ Impactful‚ Linked to Business‚ Relevant to National & Local Contexts‚ Sustainable Development Principles‚ Participative and bottom-up‚ Focused on the disadvantaged‚ Strategic and build to last‚ Partnerships and Opportunities for volunteering. The company is working towards to improve the
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