Tata Group

Tata Group

The Tata Group is a multinational conglomerate based in Mumbai, India. In terms of market capitalization and revenues, Tata Group is the largest private corporate group in India and has been recognized as one of the most respected companies in the world. It has interests in steel, automobiles, information technology, communication, power, tea a nd hospitality. The Tata Group has operations in more than 85 countries across six continents and its companies export products and services to 80 nations. The Tata Group comprises 114 companies and subsidiaries in seven business sectors, 27 of which are publicly listed. 65.8% of the ownership of Tata Group is held in charitable trusts. Companies which form a major part of the group include Tata

Steel, Corus Steel, Tata Motors, Tata Consultancy Services, Tata Technologies, Tata Tea, Titan Industries, Tata Power, Tata Communications, Tata Teleservices, Tata AutoComp Systems Limited and the Taj Hotels. The group takes the name of its founder, Jamsetji Tata, a member of whose family has almost invariably been the chairman of the group. The current chairman of the Tata group is Ratan Tata, who took over from J. R. D. Tata in 1991 and is currently one of the major international business figures in the age of globality. The company is currently in its fifth generation of family stewardship. The 2009 annual survey by the Reputation Institute ranked Tata Group as the 11th most reputable company in the world. The survey included 600 global companies.

HISTORY Tata, family of pioneer Indian industrialists and philanthropists. The founder of the Tata business empire was Jamsetji Nusserwanji Tata (1839-1904). Born in Navsari, into a Parsi family, Jamsetji studied at Elphinstone College in Mumbai before entering his father’s business as a general merchant trading with the East. He soon proved highly successful, setting up a branch in

Shanghai and steering the family through the speculation and collapse of cotton prices that arose due to the American Civil War. Jamsetji traveled widely and introduced sound business principles which he believed to be the cornerstone of his success. His key concerns were to utilize modern technology, and to ensure good working conditions and welfare for his employees. These principles could clearly be seen in his first major venture, the establishment of the Empress Mills in 1877 at Nāgpur. In 1886 he founded the Svadeshi Mills Company—the name of which indicated his sympathies with a nationalist movement of the day— competing directly with British firms in the manufacture of fine cotton. His iron and steel works at Sakchi, around which he built houses, schools, and a hospital for the workers, expanded from a village into the current industrial town of Jamshedpur. Other projects included the founding of the famous Taj Mahal Hotel in

Mumbai, and the beginning of work on a major hydroelectric project in the Western Ghats mountain range. Jamsetji was also concerned with the development of Mumbai, and India as a whole, and hoped, through improving educational and research facilities, to provide the skilled workforce needed for an emerging modern, industrialized nation. He founded a number of educational institutions, but his efforts to form an Indian university as a center of excellence for science did not reach fruition until after his death when, in 1909, the Indian Institute of Science was established in Bangalore. It remains an outstanding research center. Jamsetji’s achievements were built upon by his sons Sir Dorabji Jamsetji Tata (1859-1932) and Sir Ratan Tata (18711918), who completed the hydroelectric project. They also brought the original companies under the name of Tata Sons and Company, and set up branches of

their business in London, Paris, New York, Shanghai, and Kobe. The Tata Trust has provided funds for hospitals and research establishments, including the Tata Institute for Fundamental Research. Tata Airlines was founded in 1932, being renamed Air India in 1946, and was taken over by the government as India’s national airline in 1953. The Tata empire remains one of India’s largest business groups. From 1938 to 1993, it was chaired by Jehangir Ratanji Dadabhoy Tata (1904-1993), under whom the business continued to expand and diversify. On the death of J.R.D. Tata, the chairmanship passed to Ratan Naval Tata.

Type Private Conglo merate (BSE) Found 1868

ed

by Jamsetji Tata

Headq Mumbai and N uarter avi Mumbai, s Maharastra, In dia Key Ratan Tata people NA Soonawala, JJ Irani, RK Krishna Kumar, R Gopalakrishna n, Ishaat Hussain, Kishor Chaukar, Arunkumar Gandhi and Alan Rosling Indust Engineering ry Materials Information

Technology Communicatio n Automotive Chemicals Energy Produc Steel ts Automobiles Telecommunic ations Software Hotels Consumer goods Reven US$ 72.5 ue billion (Feb 2009)

Emplo 350,000 yees (2008)

Engineering TAL Manufacturing Solutions exports titanium-composite floor beams that are installed in the Boeing 787 aircraft.[13]  Tata AutoComp Systems Limited (TACO) and its subsidiaries, auto-component manufacturing  Tata Motors (formerly Tata Engineering and Locomotives Company Ltd (TELCO)), manufacturer of commercial vehicles (largest in India) and passenger cars  Jaguar and Land Rover  Tata Projects  TCE Consulting Engineers  Telco Construction Equipment Company  TRF Bulk Material Handling Equipment & Systems and Port & Yard Equipments.  Voltas, consumer electronics company 

[edit]Energy 

Tata Power is one of the largest private sector power companies. It supplies power to Mumbai, the commercial capital of India and parts of New Delhi.

Chemicals   



Rallis India Tata Pigments Tata Chemicals, headquartered in Mumbai, India, Tata Chemicals has the largest single soda ash production capacity plant in India. Since 2006 Tata Chemicals has ownedBrunner Mond, a United Kingdom-based chemical company with operations in Kenya and the Netherlands. Advinus Therapeutics, headquartered in Bangalore, India, a Contract research organization focused on drug

discovery and development for Pharmaceutical, Agro and Biotech industries.

Services The Indian Hotels Company  Tata Housing Development Company Ltd. (THDC)  Tata-AIG General Insurance, a joint venture with AIG  Tata-AIG Life Insurance, a joint venture with AIG  Tata Advanced Systems Limited  Tata Asset Management  Tata Financial Services  Tata Capital  Tata Investment Corporation  Tata Quality Management Services  Tata Share Registry 

 Tata Strategic Management Group (TSMG) is one of the largest consulting firms in South Asia.  Tata Services Consumer Products

,,Tata Salt, I Shakti Salt, Tata Salt Lite  Tata Ceramics  Infiniti Retail  Tata Tea Limited is the world's second largest manufacturer of packaged tea and tea products. It also owns the Tetley brand of tea sold primarily in Europe.  Titan Industries manufacturers of Titan watches  Trent (Westside)  Tata Sky  Tata International Ltd - Leather Products Division  Tanishq jewelery

 Star Bazaar

Information systems and communications CMC Ltd  Computational Research Laboratories  INCAT  Nelco  Nelito Systems  Tata Business Support Services (formerly Serwizsol)  Tata Consultancy Services Ltd. (TCS) is Asia's largest software company with 2008-09 revenues being over US$ 6 bn.  Tata Elxsi is another Software and Industrial design company of the Tata stable. Based in Bangalore and Trivandrum. One of the leading companies in the animation industry of India.  Tata Interactive Systems 

Tata Technologies Limited  Tata Teleservices  Tatanet  Tata Communications, formerly VSNL, the Indian telecom giant, was acquired in 2002. Tata-owned VSNL acquired Teleglobe in 2005. 

The Tata logo The Tata logo was designed by the Wolff Olins consultancy. The logo is meant to signify fluidity; it may also be seen as a fountain of knowledge; maybe a tree of trust under which people can take refuge.

Philanthropy and nation building The Tata Group has helped establish and finance numerous quality research,

educational and cultural institutes in India. It is the one of the leading and enormously respected philanthropic corporate entity in India[14][15]. The Tata Group was awarded the Carnegie Medal of Philanthropy in 2007 in recognition of the group's long history of philanthropic activities[16]. Some of the institutes established by the Tata Group are:  Tata Institute of Fundamental Research  Tata Institute of Social Sciences  Indian Institute of Science  National Centre for Performing Arts  Tata Management Training Centre  Tata Memorial Hospital  Tata Trusts, a group of philanthropic organizations run by the head of the business conglomerate Tata Sons[17]  The JRD Tata Ecotechnology Centre A comprehensive list is available on the company website.

Tata acquisitions and targets  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, $167 million  December 2005 - Brunner Mond Chemicals Limited, $120 million 

June 2006 - Eight O'Clock Coffee, $220 million  November 2006 - Ritz Carlton Boston, $170 million  Jan 2007 - Corus Group, $12 billion  March 2007 - Bumi Resources, $1.1 billion  April 2007 - Campton Place Hotel, San Francisco, $60 million  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 S.p.A., Italy  June 2008 - China Enterprise Communications, China  June 2008 - Neotel, South Africa. 





October 2008- Miljo Grenland / Innovasjon, Norway Imacid chemical company, Morocco

[18]

Targets   Close Brothers Group, $2.9 billion  Orient Express Hotels, $2.5 billion  January 2008 - T-Systems International (IT division of Deutsche Telekom) [edit]Revenue Tata gets more than half of its revenue from outside India. [18] [edit]Environmental Record Tata, along with a Tanzanian company, joined forces to build a soda ash extraction plant in Tanzania.[19] The

Tanzanian government is all for the project.[19] On the other hand, environmental activists are opposing the plant because it would be near Lake Natron, and it could possibly affect the lake's ecosystem and its neighboring dwellers.[20] Tata was planning to change the site of the plant so it would be built 32 km from the lake, but the opposition still thinks it would negatively disturb the environment.[20] It could also jeopardize the Lesser Flamingo birds there, which are already endangered. Lake Natron is where two thirds of Lesser Flamingos reproduce.[21] Producing soda ash involves drawing out salt water from the lake, and then disposing the water back to the lake. This process could interrupt the chemical make up of the lake.[19] Twenty-two African nations are against the creation of the project and have signed a petition to stop its construction.[19] Tata, together with L&T, is building one of India’s largest ports at Dhamra, Orissa. This is less than 15 km from the turtle

mass nesting beaches at Gahirmatha, and five kilometers from the Bhitarkanika National Park, India’s second largest mangrove forest and home to the saltwater crocodile. The plan immediately met with considerable protest from conservation circles. Greenpeace India has launched a campaign to garner public support in order to stop the port construction.[22] Added to this were the social dimensions. Concerned about the impacts from this project on the local environment and therefore their livelihoods, the Orissa Traditional Fishworker’s Union, who represent the concerns and interests of over 100,000 fishermen, vocally and publicly opposed the construction of the port. In 2007, construction at the port site commenced. Coincidentally, the 2007-2008 turtle season saw no mass nesting at Gahirmatha. The project has also invited criticism from over 200 national and international scientists, including over 30

experts of the IUCN’s marine turtle specialist group.

Tata Motors

Tata Motors Limited (NSE: TATAMOTORS, BSE: 50057 0, NYSE: TTM), is a multinational corporation headquartered inMumbai, India. Part of the Tata Group, it was formerly known as TELCO (TATA Engineering and Locomotive Company). It is India's largest company in the automobile and commercial vehicle sector, and a midsized player on the world market with 0.81% market share in 2007 according to OICA data. The OICA ranked it as the 19th largest automaker,[1] based on figures for 2007. [2] and the second largest manufacturer of commercial vehicles in the world. The company is the world’s fourth largest truck manufacturer, and the world’s second largest bus manufacturer. In India, Tata ranks as the leader in every commercial vehicle segment, and is in the top 3 makers of passenger cars. Tata

Motors is also the designer and manufacturer of the iconic Tata Nano, which at INR100,000 or approximately USD 2300, is the cheapest car in the world. Established in 1945, when the company began manufacturing locomotives, the company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969.[3] Tata Motors is a dual-listed company traded on both theNational Stock Exchange(where it is a component of the Sensex index), as well as on the New York Stock Exchange. Tata Motors in 2005 it was ranked among the top 10 corporations in India with an annual revenue exceeding INR 320 billion. In 2004, Tata Motors bought Daewoo's truck manufacturing unit, now known as Tata Daewoo Commercial Vehicle, in South Korea. It also, acquired a 21% stake in Hispano Carrocera SA, giving it controlling rights

in the company. In March 2008, it finalised a deal withFord Motor Company to acquire their British Jaguar Land Rover (JLR) business, which also includes the Rover, Daimler andLanchester brand names.[4][5][6] and the purchase was completed on 2 June 2008 [7] Tata Motors has auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Ahm edabad and Pune in India, as well as in Argentina, South Africa and Thailand OPERATIONS

Tata in India Tata Motors Limited is India’s largest automobile company, with revenues of Rs. 35651.48 crores (USD 8.8 billion) in 2007-08.[25] It is the leader in commercial

vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments.[25] Tata Motors’ presence indeed cuts across the length and breadth of India. Over 4 million Tata vehicles ply on Indian roads, since the first rolled out in 1954.[26] The company’s manufacturing base in India is spread across Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand) and Dharwad (Karnataka). Following a strategic alliance with Fiat in 2005, it has set up an industrial joint venture with Fiat Group Automobiles at Ranjangaon (Maharashtra) to produce both Fiat and Tata cars and Fiat powertrains. The company is establishing a new plant at Sanand (Gujarat). The company’s dealership, sales, services and spare parts network comprises over 3500 touch points; Tata Motors also distributes and markets Fiat branded cars in India

Tata's global operations Tata Motors has been aggressively acquiring foreign brands to increase its global presence. Tata Motors has operations in the UK, South Korea, Thailand and Spain. Among them is Jaguar Land Rover, a business comprising the two iconic British brands that was acquired in 2008. Tata Motors has also acquired from Ford the rights to three other brand names: Daimler, Lanchester and Rover. In 2004, it acquired the Daewoo Commercial Vehicles Company, South Korea’s second largest truck maker. The rechristened Tata Daewoo Commercial Vehicles Company has launched several new products in the Korean market, while also exporting these products to several international markets. Today two-thirds of heavy commercial vehicle exports out of South Korea are from Tata Daewoo.In 2005, Tata Motors acquired a 21% stake

in Hispano Carrocera, a reputed Spanish bus and coach manufacturer,[9] giving it controlling rights of the company. Hispano’s presence is being expanded in other markets. On Tata's journey to make an international foot print, it continued its expansion through the introduction of new products into the market range of buses (Starbus & Globus) as well as trucks (Novus). These models were jointly developed with its subsidiaries Tata Daewoo and Hispano Carrocera. In May, 2009 Tata unveiled the Tata World Truck range jointly developed with Tata Daewoo [27] They will debut in South Korea, South Africa, the SAARC countries and the Middle-East by the end of 2009 [27] In 2006, it formed a joint venture with the Brazil-based Marcopolo, a global leader in body-building for buses and coaches to manufacture fully-built buses and coaches for India and select international markets.[28] Tata Motors has expanded its production and assembly operations to several other countries

including South Korea, Thailand, South Africa and Argentina and is planning to set up plants in Turkey, Indonesia and Eastern Europe. [25] Tata also franchisee/joint venture assembly operations in Kenya, Bangladesh, Ukraine, Russia and Senegal. [29] Tata has dealorships in 26 countries across 4 continents.[30] Though Tata is present in many counties it has only managed to create a large consumer base in the Indian Subcontinent namely India, Bangladesh, Bhutan, Sri Lanka and Nepal and has a growing consumer base in Italy, Spain and South Africa. Present and future challenges Tata Motors have some distinct advantages in comparison to other multinational competitors especially a cost advantage as labor costs for Tata Motors is 8-9 percent of sales as compared to 3035 percent for most multinational companies. Another advantage in the

increasing demand in its own backyard, India due to infrastructure developments and rising GDP. India remains one of the few developing auto markets where domestic brands have managed to keep a large presence, Tata and fellow compatriots account for more than 60% of the passenger vehicle sales and 95% of commercial vehicle sales. There are also favorable Government polices and regulations in place in order to help boost the auto industry. However, Tata has not been able to capitalize on its global presence. Tata relies heavily on its sales in India and has not yet managed to create a foothold in international markets even though it has a number of well reputed subsidiaries. However, Tata Nano may boost its international presence atleast in developing economies. Though it has an advantage in India, thanks to low costs and government policies it soon faces stiff competition from it multinational competitors all eyeing for a share in the ever growing

Indian auto sector. Earlier, a policy required majority-owned subsidiaries of foreign car firms to invest at least US$50 million in equity if they wished to set up manufacturing projects in India and mere car assembling operations were not welcomed. An Indian cabinet panel has since announced a new automobile policy that sets fresh investment guidelines for foreign firms wishing to manufacture vehicles in the country. Investments in making auto parts by a foreign .vehicle maker will also be considered a part of the minimum foreign investment made by it in an auto-making subsidiary in India. The move is aimed at helping India emerge as a hub for global manufacturing and sourcing for auto parts. The policies adopted by Government will increase competition in domestic market, motivate many foreign commercial vehicle manufactures to set up shops in India, whom will make India as a production hub and export to nearest market. Thus Tata Motors will have to face tough

competition in near future, which might affect its growth negatively. Currently, the presence of Suzuki through its subsidiary, Maruti Suzuki in the Indian market may also be alarming. Maruti has aggressively launched family cars to undermine the Tata models. Tata has continued to be strong in the MUV and SUV sector due to lack of competition and correct pricing. However, Tata now faces stiff competition from fellow compatriot Mahindra as well as multinational brand like Toyota and Chevrolet. In addition, the growing presence of fellow Indian competitors, Mahindra and Force Motors not only in the Indian but also in the Global market may effect Tata's sales. Mahindra and Force have formed joint ventures with Renault and MAN respectively. Mahindra has also formed a 51:49 JV called Mahindra Navistar with ITEC, USA (parent Navistar International), to manufacture commercial vehicles and to bolster its position in the CV

business[31] Ashok Leyland, which is the second largest commercial manufacturer in India has remained Tata's biggest competitor in the Indian heavy commercial vehicle market and with its aquistion of Czech Republic-based Avia[32] it may manage to increase its presence in neighbouring markets such as Sri Lanka, Nepal where Tata Motors has a monopoly. To counter the growth of these various companies Tata has come up with revised or new models like Indica Vista, Indigo Vista, Xenon, Tata World Truck and a aggressive marketing policy. SOME PRODUCTS OF TATA MOTORS

Tata Steel

Tata Steel (BSE: 500470), formerly known as TISCO and Tata Iron and Steel Company Limited, is the world's sixth largest steel company, with an annual crude steel capacity of 28 million tonnes. It is the second largest private sector steel company in India in terms of domestic production. Ranked 315th on Fortune Global 500, it is based in Jamshedpur, Jharkhand, India.[3][4] It is part ofTata Group of companies. Tata Steel is also India's second-largest and second-most profitable company in private sector with consolidated revenues of Rs 1,32,110 crore and net profit of over Rs 12,350 crore during the year ended March 31, 2008. [5][6]

Its main plant is located in Jamshedpur, Jharkhand, with its recent acquisitions, the company has become a multinational with operations in various countries. The Jamshedpur plant contains the DCS supplied by Honeywell.The registered office of Tata Steel is in Mumbai. The company was also recognized as the world's best steel producer by World Steel Dynamics in 2005.[7] The company is listed on Bombay Stock Exchange and National Stock Exchange of India, and employs about 82,700 people (as of 2007). istory Tata Steel was established by Indian Parsi businessman Jamshetji Nusserwanji Tata in 1907 (he died in 1904, before the project was completed). Tata Steel introduced an 8-hour work day as early as in 1912 when only a 12-hour work day was the legal requirement in Britain. It introduced leave-with-pay in

1920, a practice that became legally binding upon employers in India only in 1945. Similarly, Tata Steel started a Provident Fund for its employees as early as in 1920, which became a law for all employers under the Provident Fund Act only in 1952. Tata Steel's furnaces have never been disrupted on account of a labour strike and this is an enviable record. [edit]Production Tata Steel annually produces 9 million tonnes of steel in India and 21.4 million tonnes overseas, making it the fifth largest steel producer in the world. It produced a record-breaking 5.0 million tonnes of salable steel in its Jamshedpur works in 2006-07. The company's gross revenue in that financial reporting year was Rs. 20196.24 crores. Its PBT was Rs.6261.65 crores and PAT was Rs.4222.15 crores in the same year.

[edit]Capacity Expansion Tata Steel has set an ambitious target to achieve a capacity of 100 million tonne by 2015. Managing Director Balasubramanian Muthuraman (shortened simply to "B Muthuraman") stated that of the 100 million tonne, Tata Steel is planning a 50-50 balance between greenfield facilities and acquisitions. [8][9]  Overseas acquisitions have already added up to 21.4 million tonne, which includes Corus production at 18.2 million tonne, Natsteel production at two million tonne and Millennium Steel production at 1.2 million tonne. Tata is looking to add another 29 million tonnes through the acquisition route.[8][9]  Tata Steel has lined up a series of greenfield projects in India and outside which includes [8] 1. 6 million tonne plant in Orissa (India) 2. 12 million tonne in Jharkhand (India) 3. 5 million tonne in Chhattisgarh (India)

4. 5. 6.

7.

3-million tonne plant in Iran 2.4-million tonne plant in Bangladesh 5 million tonne capacity expansion at Jamshedpur (India) 4.5 million tonne plant in Vietnam (feasibility studies underway)

Acquisitions 



On 20 October 2006, Tata Steel announced that it had agreed to pick up a 100% stake in the Anglo-Dutch steel maker Corus at 455 pence per share in an all cash deal, cumulatively valued at GBP 4.3 billion. On 19 November 2006, the Brazilian steel company Companhia Siderúrgica Nacional (CSN) launched a counter offer for Corus at 475 pence per share, valuing it at £4.5billion.

 On 11 December 2006, Tata preemptively upped the offer to 500 pence, which was within hours trumped by CSN's offer of 515 pence per share, valuing the deal at £4.9 billion. The Corus board promptly recommended both the revised offers to its shareholders.  On 31 January 2007 Tata Steel won their bid for Corus after offering 608 pence per share, valuing Corus at £6.7 billion; as a result and pending acceptance and completion of the takeover, the joining of the two will create the fifth largest steel company in the world. Other acquisitionS  In August 2004, Tata Steel entered into definitive agreements with Singapore based NatSteel Ltd to acquire its steel business for Singapore $486.4 million (approximately Rs 1,313 crore) in an all cash transaction.[10]

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In 2005, Tata Steel acquired 40% Stake in Millennium Steel based in Thailand for $130 million (approx. Rs 600 crore). [11] In 2007 Tata Steel through its wholly owned Singapore subsidiary, NatSteel Asia Pte Ltd acquired controlling stake in two rolling mills: SSE Steel Ltd, Vinausteel Ltd located in Vietnam. [12]

Dhamra Port The Dhamra Port, a Joint Venture between Larsen & Toubro and Tata Steel, has come in for criticism from groups such as Greenpeace, Wildlife Protection Society of India and the Orissa Traditional Fishworkers' Union. The port is being built within five kilometres of the Bhitarkanika Sanctuary, a Ramsar wetland of international importance, home to an impressive diversity of mangrove species, saltwater crocodiles and an array of avian species. The port will also be approximately 15

km. from the turtle nesting beaches of theGahirmatha Sanctuary, and turtles are also found immediately adjoining the port site. Aside from potential impacts on nesting and feeding grounds of the turtles, the mudflats of the port site itself are breeding grounds for horseshoe crabs as well as rare species of reptiles and amphibians. One such species, the amphibian Fejervarya cancrivora, is the first record for the Indian mainland. [15] Company considers these allegations as without any base and the people behind them as low level opportunists.

Tata Power

History Started as the Tata Hydroelectric Power Supply Company in 1911, it is an amalgamation of two entities: Tata Hydroelectric Power Supply Company and Andhra Valley Power Supply Company (1916).Today Tata Power Company Limited is India’s largest private sector electricity generating company with an installed generation capacity of over 2670 MW. The Company is a pioneer in the

Indian power sector. Tata Power has a presence in thermal, hydro, solar and wind areas of power generation, transmission and retail. The founders of Tata Power pioneered the generation of electricity in India with the commissioning of India’s first large hydroelectricproject in 1915 in Bhivpuri and Khopoli, Karjat.

Operations The thermal power stations of the company are located at Trombay in Mumbai, Jojobera in Jharkhand and Belgaum in Karnataka. The hydro stations are located in the Western Ghats of Maharashtra and the wind farm in Ahmednagar. The Company has been a front-runner in introducing state-of-the-art power technologies. Tata installed India’s first 500 MW unit at Trombay, the first 150 MW pumped storage unit at Bhira, and

a flue gas desulphurization plant for pollution control at Trombay. At 2.4% the Company's transmission & distribution losses are among the lowest in the country. Tata Power has served Mumbai’s consumers for over nine decades. Outside Mumbai, the company now has generation capacities in the States of Jharkhand and Karnataka and a Distribution Company in Delhi. The Distribution joint venture with the Government of Delhi called the “North Delhi Power Limited” (NDPL), has met with considerable success. This joint venture serves over 800,000 consumers (in a population of 4.5 million) spread over in an area of 510 km² and has a peak load of 1050 MW. . NDPL has achieved some success in cutting down the losses from 51% to 28% in span of five years.

International Operations The Company has also executed several overseas projects in the Middle East, Africa and South East Asia. Of particular interest are the Jebel Ali ‘G’ station (4 x 100 MW + desalination plant) in Dubai, Al-Khobar II (5 x 150 MW + desalination plant) and Jeddah III (4 x 64 MW + desalination plant) in Saudi Arabia, Shuwaikh (5 x 50 MW) in Kuwait, EHV substations in UAE and Algeria, and power plant operation and maintenance contracts in Iran and Saudi Arabia.

Future projects Tata Power has entered into a 51:49 joint venture with PowerGrid Corporation of India for the 1200 km Tala transmission project. The joint venture is India’s first transmission project to be executed with public-private partnership.

Tata Power has also won a contract for building 4000 MW power plant at Mundra. A unique aspect of this project is that for the first time in India a 4000MW power plant is being built utilizing one large construction project; all other large projects have always involved stage construction.

Tata Consultancy Services

Tata Consultancy Services Limited (TCS) (BSE: 532540, NSE: TCS) is a software services and consulting company. It is Asia's largest provider of information technology and business process outsourcing services[1]. The company is listed on the National Stock Exchange and Bombay Stock Exchange of India. TCS became listed company on 9th August, 2004. TCS is part of one of India's largest and oldest conglomerates, the Tata Group, which has interests in areas such as energy, telecommunications, financial services, manufacturing, chemicals, engineering, materials, government and healthcare.

History

Tata Consultancy Services was established in the year 1968. TCS is considered a pioneer in the Indian IT industry[4]. Despite unfavorable government regulations, like the License Raj, the company succeeded in establishing the Indian IT Industry. It began as the "Tata Computer Centre", a division of the Tata Group, whose main business was to provide computer services to other group companies. F C Kohli was its first General Manager. The legendary JRD Tata was its first Chairman and was followed by luminaries such as Nani Palkhivala. One of TCS' first assignments was to provide punch card services to a sister concern, Tata Steel (then TISCO). It later bagged the country's first software project, the Inter-Branch Reconciliation System (IBRS) for the Central Bank of India[5]. It also provided bureau services to Unit Trust of India, thus becoming one

of the first companies to offer BPO services. In the early 1970s, Tata Consultancy Services started exporting its services. TCS's first international order came from Burroughs, one of the first business computer manufacturers. TCS was assigned to write code for the Burroughs machines for several US-based clients[6]. This experience also helped TCS bag its first onsite project - the Institutional Group & Information Company (IGIC), a data centre for ten banks, which catered to two million customers in the US, assigned TCS the task of maintaining and upgrading its computer systems[7]. In 1981, TCS set up India's first software research and development center, the Tata Research Development and Design Center (TRDDC) [8]. The first client-dedicated offshore development center was set up for Compaq (then Tandem) in 1985.

In 1989, TCS delivered an electronic depository and trading system called SECOM for SIS SegaInterSettle, Switzerland. It was by far the most complex project undertaken by an Indian IT company. TCS followed this up with System X for the Canadian Depository System and also automated the Johannesburg Stock Exchange (JSE)[9]. TCS associated with a Swiss partner, TKS Teknosoft, which it later acquired[10]. In the early 1990s, the Indian IT outsourcing industry grew tremendously due to the Y2K bug and the launch of a unified European currency, Euro. TCS pioneered the factory model for Y2K conversion and developed software tools which automated the conversion process and enabled third-party developers and clients to make use of it[11]. In 1999, TCS saw outsourcing opportunity in E-Commerce and related solutions and set up its E-Business division with ten

people. By 2004, E-Business was contributing half a billion dollars (US) to TCS[12]. On 9th August 2004, TCS became a publicly listed company[13], much later than its rivals, Infosys, Wipro and Satyam. During 2004, TCS ventured into a new area for an Indian IT services company - Bioinformatics[14]

TCS Awadh Park, Tata Consultancy Services' regional office at Lucknow

List of acquisitions The table below gives some details of TCS' key acquisitions Acq Nu uisi Co Bus Hea Re Ref Cou Val mb tio mp ine dco mar ere ntr ue n any ss er unt ks nce y Dat e 1

Oct obe r 8, 200 8

Citi Glob al Serv ices Limi

Busi Indi nes a s Proc ess Out

US 124 $ 72 505 mn

TCS acq uire d key BFS

[17]

ted

2

Nov em ber, 200 6

sour cing

dom ain kno wle dge.

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Innovation and R&D Tata Research Development and Design Center TCS established the first software research center in India, the Tata Research Development and Design Center, in Pune, India in 1981.TRDDC undertakes research in Software

Engineering, Process Engineering and Systems Research. Researchers at TRDDC also developed MasterCraft (now called TCS Code Generator Framework [1]) an artificial intelligence software that can automatically create code from a simple computer language, and rewrite the code based on the user's needs.[28]. Research at TRDDC has also resulted in the development of Sujal, a low-cost water purifier that can be manufactured using locally available resources. TCS deployed thousands of these filters in the Indian Ocean Tsunami disaster of 2004 as part of its relief activities[29]. Innovation In 2007, TCS launched its Co-Innovation Network, a network of TCS Innovation Labs, startup alliances, University Research Departments, and venture capitalists. [30].

In addition to TRDDC, TCS has 19 Innovation Labs based in three countries. [2]  TCS Innovation Lab, Convergence: Content management and delivery, convergence engines, networks such as 3G, WiMax, WiMesh, IP Testing for Quality of Service, IMS, OSS/BSS systems, and others.  TCS Innovation Lab, Delhi: Software Architectures, Software as a Service, natural language processing, text, data and process analytics, multimedia applications and graphics.  TCS Innovation Lab, Embedded Systems: Medical electronics, WiMAX, and WLAN technologies.  TCS Innovation Lab, Hyderabad: Computational methods in life sciences, meta-genomics, systems biology, e-security, smart card-based applications, digital media protection, nano-biotechnology, quantitative finance.











TCS Innovation Lab, Mumbai: Speech and natural language processing, wireless systems and wireless applications. TCS Innovation Lab, Insurance Chennai: IT Optimization, Business Process Optimization, Customer Centricity Enablers, Enterprise Mobility, Telematics, Innovation in Product Development and Management (PLM) in Insurance. TCS Innovation Lab, Chennai: Infrastructure innovation, green computing, Web 2.0 and next-generation user interfaces. TCS Innovation Lab, Peterborough, England: New-wave communications for the enterprises, utility computing and RFID (chips, tags, labels, readers and middleware). TCS Innovation Lab: Performance Engineering, Mumbai: Performance management, high performance technology components, and others.

TCS Innovation Lab, Cincinnati, United States: Engineering IT solutions. Some of the assets created by TCS Innovation Lab sare DBProdem, Jensor [31], Wanem [32], Scrutinet. In 2008, the TCS Innovation Labdeveloped product, mKrishi, won the Wall Street Journal Technology Innovation Award in the Wireless category.[33]. mKrishi is a service that would enable India's farmers to receive useful data on an inexpensive mobile device.[3] TCS' Co-Innovation Network partners include Collabnet, Cassatt, MetricStream, academic institutions such as Stanford, MIT, various IITs, and venture capitalists like Sequoia andKleiner Perkins.[4] Employees 

TCS is considered one of the largest private sector employers in India with a core strength in excess of 130,000 individuals.[34]. TCS has been criticized in the recent past for large-scale pay

cuts [35] and layoffs. In 2008 TCS cut performance-linked pay for its employees, and asked 500 of its 120,000 employees to leave due to poor performance[36][37]. TCS, however, claims to have one of the lowest attrition rates in the Indian IT industry[38]. In 2009, TCS is known to have asked 1300 of its 130000 employees to leave due to poor performance[39]. Restructuring TCS embarked on a restructuring exercise in April 2008, which company executives claim will allow TCS "to build a nimble organisation to capture new growth opportunities"[40]. The new structure divides the organization into the following business units:  Industry Verticals: Banking, Financial Services, Insurance, Manufacturing, Tele com, Media, Entertainment, Hi Tech, Transportation, Travel/Hospitality, Retail, Utilities,Energy/Resources.





Horizontals: Engineering Services, BPO, Infrastructure Services, Consulting, Fina ncial Solutions. Markets: Mature Markets, New Growth Markets, Emerging Markets

Corporate Sustainability Both on its own and as part of the Tata organization, TCS actively implements programs and initiatives for the betterment of society, communities, and the environment, and has been since its inception in 1968. TCS believes in giving back to all communities in which it operates, and in using IT as an instrument for social development and progress. We are deeply committed to education, the environment, and setting up and maintaining infrastructure for urban beautification, pollution reduction and healthcare; waste management in the

office environment, tree plantation and water treatment. To take Corporate Sustainability a step forward, TCS incepted an internal function called, TCS Maitree, in 2002. TCS Maitree is an internal voluntary function of Tata Consultancy Services that cultivates and propagates meaningful social activities for the TCS associates & their families. Through its expertise, Maitree reaches out to communities which might benefit from a helping hand. Our initiatives have ranged from projects for the differently abled, to less privileged children across various schools across the country, to our rural community initiatives such as in Wazapur, Maharashtra and Nainar, Tamil Nadu. Many of the programmes initiated by Maitree like employability of differently-abled, HIV/AIDS sensitization and Peer Education, Green Audits, etc have now been accepted as best practices by the organization. Over the years, TCS Maitree has identified five core

areas for volunteer intervention, namely, Education/Skill Development, Economic Empowerment, Health, Environment Sustainability and TCS’ Core Competency – Information Technology.

US Visa Program TCS was the fourth largest visa recipient in 2008, preceded by Infosys, Wipro and Satyam.

BRANDS Good Earth Teas is a tea distributor based in Santa Cruz, California. Founded in 1972 under their parent company Fmali Herb Company, it was originally one of

the first American herbal tea companies during the early 1970s.[citation needed] In the late 1970's it began to develop trademark teas for Good Earth Restaurants, and launched Good Earth teas in tea bag form to the California grocery market in 1988. Good Earth was acquired by Tetley US Holdings Limited in October 2005, and is a subsidiary of Tata Tea Limited. Good Earth produces over 40 different blends of tea, and is known for its richer tasting blends.[citation needed] All Good Earth grocery blends are available in all-natural and organic varieties. Tanishq is currently the most prominent jewellery brand of India, and it pioneered the concept of branded jewellery and ornaments in India. It is a division of Titan Industries Limited, one of the companies listed on the Bombay Stock Exchange and the National Stock Exchange of India. The name Tanishq has been formed by combining "Ta" (the first

two letters of Tata) and "Nishk or Nishkh" (meaning gold coin or necklace in Sanskrit).[1] Tanishq is India’s most aspirational fine jewellery brand with an exquisite range of gold jewellery studded with diamonds or coloured gems and a wide range of equally spectacular jewellery in 22Kt pure gold. It is India’s largest, most desirable and fastest growing jewellery brand in India. Tanishq, started in 1995, is the jewellery business group of Titan Industries Ltd - promoted by the Tata group, India’s most respected and widely diversified business conglomerate. Tanishq embarked on its voyage 10 years ago when it challenged the established family jeweler and introduced new rules in precious jewellery; a category as old as civilization. Tanishq has set up production and sourcing bases with thorough research of the jewellery crafts of India. Jewellery at Tanishq is crafted in one of the world’s

most modern factories. The factory complies with all labour and environmental standards. Located at Hosur, Tamil Nadu (India). The 1,35,000 sq. ft. factory is equipped with the latest and most modern machinery and equipment. The brand brings together the work of karigars, who specialize in different style of making jewellery. Karigars, who continue to be an exploited lot with other jewellers, are paid fair remuneration and work under good working conditions in Tanishq. Tanishq challenged the age-old jeweller’s word with TATA’s guaranteed purity. It exploded the market with facts about rampant impurity across India. It introduced technology-backed challenge in a category completely governed by individual trust. Tanishq introduced innovations like [Karatmeter], the only non destructive means to check the purity of gold; machine made jewellery, which offers far superior finish and value to the customer and beautiful

handcrafted jewellery which is influenced by various jewellery traditions of India.

Taj Hotels Resorts and Palaces is a worldwide chain of luxury hotels and resorts. The Indian Hotels Company Limited and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces. A part of the Tata Group, one of India's largest business conglomerates, Taj Hotels Resort and Palaces comprises 76 hotels, 7 palaces, 6 private islands and 12 resorts and spas, spanning 52 destinations in 12 countries across 5 continents. Besides India, Taj Hotels Resort and Palaces are located in the United States of America, United Kingdom, Africa, the Middle East, Maldives, Mauritius, Malaysia, Bhuta n, Sri Lanka and Australia. Jamshetji Nusserwanji Tata, founder of the Tata Group, opened the Taj Mahal Palace & Tower, the first Taj property,

on December 16,1903. He was inspired to open the grand luxury hotel after an incident involving racial discrimination at the Watson's Hotel in Mumbai, where he was refused entry as the hotel did not permit Indians. Hotels which accepted only European guests were common acrossBritish India. Jamsetji Tata traveled to London, Paris, Berlin and Dusseldorf to get the best materials and pieces of art, furniture and interior artifacts for his hotel. Due to its prime location, traditional architecture and massive size, this hotel soon gained the status of the most iconic hotel in Mumbai.

Tata Sky

Tata Sky is a DTH satellite television provider in India, using MPEG2 digital compression technology, transmitting using INSAT 4A at 83.0°E.[1] History It is a joint venture between the Tata Group, that owns 80% and STAR Group that owns a 20% stake.[2] Tata Sky was incorporated in 2004 but was launched only in 2006. It currently offers close to 140[citation needed] channels and some interactive ones. The company uses the Sky brand owned by British Sky Broadcasting.[3] In October 2008, Tata Sky announced launching of PVR service Tata Sky+ which allowed 45 hours of

recording in a MPEG-4 compatible Set Top Box. The remote is provided with playback control keys and is being sold with special offers for existing suscribers. In 2008, Singapore-based Temasek Holdings picked up 10% stake in Tata Sky from the Tata Group. This has diluted Tata's stake in the venture to 70%. STAR’s parent company, News Corporation, owns an International group of DTH businesses that include BSkyB in UK, Sky Italia in Italy and Foxtel in Australia.

Tata Sky+ Tata Sky+ is a premium set-top box-cumPersonal Video Recorder that allows recording up to 45 hours of live TV, recording one programme while watching another, pause a live telecast and review a TV programme.

Certifications and Honors

ISO 27001:2005 accreditation In March 2009, Tata Sky, became the first Indian direct-to-home (DTH) service provider to be awarded the ISO 27001:2005 accreditation, the benchmark for information security. ISO 27001:2005 is an international standard that provides specifications and guidance for the establishment and proper maintenance of an Information Security Management System (ISMS). The assessment for the certification was conducted by Intertek Systems Certification, the management systems registration business unit of Intertek Group. This certification confirms that every transaction carried out through Tata Sky’s IT systems are highly secure.

SUPERBRAND 2009 – 2010 Tata Sky was selected as a SUPER BRAND for the year 2009-2010 by an independent and voluntary council of experts known as Superbrands Council. It is the only Indian DTH to have won this distinction.

Tata Teleservices Introduction

Tata Teleservices Limited (TTSL) is a part of the Tata Group of companies, an Indian conglomerate. It operates under the brand name Tata Indicom in various telecom circles of India. The company is the worst performer in the TATA Group. In Nov 2008, Japanese telecom giant NTT Docomo picked up a 26 per cent equity stake in Tata Teleservices for about Rs 13,070 crore ($2.7 billion) or an enterprise value of Rs 50,269 crore ($10.38 billion). [1] In Feb 2008, TTSL announced that it would provide CDMA mobile services targeted towards the youth, in association with the Virgin Group on a Franchisee model basis.

Company background Tata Teleservices is part of the Tata Group. Tata Teleservices spearheads the Group’s presence in the telecom sector. Incorporated in 1996, Tata Teleservices was the first to launch CDMA mobile services in India with the Andhra Pradesh circle. The company acquired Hughes Telecom (India) Limited [now renamed Tata Teleservices (Maharashtra) Limited] in December 2002. With a total Investment of Rs 19,924 Crore, Tata Teleservices has created a Pan India presence spread across 20 circles that includes Andhra Pradesh, Chennai, Gujarat, J & K, Karnataka, Delhi, Maharashtra, Mumbai, North East, Tamil Nadu, Orissa, Bihar, Rajasthan, Punjab, Haryana, Himachal Pradesh, Uttar Pradesh (E), Uttar Pradesh (W),

Kerala, Kolkata, Madhya Pradesh and West Bengal. Having pioneered the CDMA 3G1x technology platform in India, Tata Teleservices has established 3G ready telecom infrastructure. It partnered with Motorola, Ericsson, Lucent and ECI Telecom for the deployment of its telecom network. The company is the market leader in the fixed wireless telephony market with a total customer base of over 3.8 million. Tata Teleservices’ bouquet of telephony services includes Mobile services, Wireless Desktop Phones, Public Booth Telephony and Wireline services. Other services include value added services like voice portal, roaming, post-paid Internet services, 3-way conferencing, group calling, Wi-Fi Internet, USB Modem, data cards, calling card services and enterprise services. Some of the other products launched by the company include prepaid wireless desktop phones, public phone

booths, new mobile handsets and new voice & data services such as BREW games, Voice Portal, picture messaging, polyphonic ring tones, interactive applications like news, cricket, astrology, etc. Tata Indicom "Non Stop Mobile" allows pre-paid cellular customers to receive free incoming calls. Tata Teleservices Limited along with Tata Teleservices (Maharashtra) Limited have a subscriber base of 36 million customers (as of April 2009) in more than 5,000 towns. Tata Teleservices has also acquired GSM licenses for specific circles in India. Tata Telelservices is an unlisted entity. Tata Group and group firms own the majority of the company, NTT docomo holds 26% while investor C. Sivasankaran holds 8%.[2] Senior Management

The Board of Directors for TTSL includes Tata Sons Chairman Mr. Ratan N. Tata, while the company is currently headed by its Managing Director, Mr. Anil Kumar Sardana. Market Data Tata Indicom in April 2009, crossed the 35 million subscribers mark in the wireless category with an overall subscriber base of over 36 million. Tata Teleservices is no. 2 slot in terms of Market Share in Delhi NCR region with a subscriber base of 3 million. Network Tata Teleservices operates primarily on the CDMA network. Tata Indicom’s enterprise solutions work on the CDMA 3G-1X technology. The total tower strength of Tata Indicom is currently at 12,500 towers nationwide,

which includes 10,000 for TTSL and 2,500 for TTML. Business Areas Tata Teleservices offers multiple tariff plans in both the Post-paid and Pre-Paid category. It also offers Mobile Value Added Services to subscribers. Branding The Tata Indicom brand is endorsed by bollywood actresses Kajol and Trisha, cricketers Irfan Pathan and Saurav Ganguly. Tata Teleservices has recently launched the Virgin Mobile Brand to target the youth segment. Rural Telephony

TTSL also maintains a distribution network across villages , where in people are appointed and trained by TTSL – who visit villages on a bicycle or a two-wheeler at defined times on defined days of the week, selling recharge vouchers and servicing equipment; each runner covers between 200 to 300 customers. The company joined hands with Tata Chemicals, Tata Kisaan Sansar network, disseminating information through these centres and using them as local distributors.

Retail The company's retail business has around 3,000 outlets nationally, comprising 600 TTSL owned stores and around 2,500 stores in the Franchisee format. Tata Indicom already covers the top 700 towns

in India in terms of population through Tata Indicom Exclusive Stores. Tata Indicom also maintains an online portal for its customers i-choose where the customers can buy Tata Indicom postpaid connections and prepaid recharge vouchers with an upfront commitment of activation and delivery of the handset within 72 hours. Value Added Services Tata Teleservices, in October 2007 launched Tata Zone, an infotainment portal on Tata Indicom BREW-enabled mobile phones, in Hindi. This service has applications, pricing details, downloads and browsing instructions in Hindi. The rationale behind this was simple: - 66% of all Indians speak Hindi, while less than 5% understand English.

Under its VAS bouquet, TTSL offers services such as News, Games, Faith and Prayers, Ringtones, Fun Shows, Video Zone, Song Download Express, Cricket, Internet Surfing, Astrology, and Mobile Office among others. Tata Indicom plans to provide mcommerce, mobile advertising, mobile TV and social networking under its VAS offerings.

Titan Industries

Titan Industries is the world's sixth largest wrist watch manufacturer and India's leading producer of watches under the Titan, Fastrack, Sonata, Nebula, Octane & Xylys brand names. It is a joint venture between one of India's most respected business organizations, the Tata Group, and the Tamil Nadu Industrial Development Corporation (TIDCO).[1] Its product portfolio includes watches, accessories and jewellery, in both contemporary and traditional designs. It exports watches to about 32 countries around the world with manufacturing facilities in Hosur, Dehradun, Goa and manufactures precious jewellery under the Tanishq brand name, making it India's only national jewellery brand. It is a subsidiary of the Tata Group. Watch division Titan watch division was started in 1987. At launch it was the third watch company

in India after HMT and Allwyn. Titan formed ajoint venture with Timex, which lasted until 1998, and setup a strong distribution network across India. As of 2005, Titan watches account for a 25% share of the total Indian market and are also sold in about 40 countries through marketing subsidiaries based inLondon,Aden,Dubai and Singapore. Titan watches are sold in India through retail chains controlled by Titan Industries. Titan Industries has claimed to have manufactured the world's slimmest wrist watch - Titan Edge.[2] Produced indigenously after four years of research and development, the Titan Edge has a total slimness of just 3.5 mm and a wafer thin movement of 1.15 mm. Apart from the Titan Edge, Titan also offers Steel, Regalia, Raga, Fastrack, Technology, Nebula, Bandhan, Sonata, Octane, special RHosur, Tamilnadu.

Precision Engineering Division Precision Engineering Division of Titan was started in 2002. It has become one of the leading manufacturers of Precision Parts for Automotive and Aerospace Industries. The Diverse Product range includes pointers, dashboard clusters like Fuel Gauge, Temperature Gauge, Gear Shift Indicators, Clocks for Automobiles and any kind of Injection molded Plastic parts, Electromechanical Assemblies for automobiles, all kinds of pressed and turned parts for automobiles. The Tooling Sector of Precision Engineering Division manufactures all kinds of Press Tool, Molds, Jigs, Fixtures for various industries. Titan Automation Solution, a part of Precision Engineering Division is a leading Automation Solution Provider for all kind of industries.

Jewelery division Tanishq is currently the most prominent jewellery brand of India, and it pioneered the concept of branded jewellery and ornaments in India. The name Tanishq has been formed by combining "Ta" (the first two letters of Tata) and "Nishk or Nishkh" (meaning gold coin or necklace in Sanskrit). [3] Tanishq is India's largest jewellery brand with a wide range of jewellery in 22Kt pure gold studded with diamonds or coloured gems. It is the fastest growing jewellery brand in India.[citation needed] Tanishq, established in 1995, challenged the established family jeweller and introduced new rules in precious jewellery; a category as old as civilization. Tanishq challenged the age-old jeweller's word with Tata's guaranteed purity. It exploded the market with facts about

rampant impurity across India. It introduced technology-backed challenge in a category completely governed by individual trust. Tanishq introduced innovations like Karatmeter, the only non destructive means to check the purity of gold; machine made jewellery, which offers superior finish and value to the customer and handcrafted jewellery which is influenced by various jewellery traditions of India. Tanishq has set up production and sourcing bases with thorough research of the jewellery crafts of India. The 1,35,000 sq. ft. factory is equipped with the latest and most modern machinery and equipment. The factory complies with all labour and environmental standards, located at Hosur, Tamil Nadu. The brand brings together the work ofkarigars, who specialize in different styles of making jewellery. Karigars, who continue to be an exploited lot with other jewellers, are paid fair remuneration and work under good working conditions in Tanishq.

Prescription Eyewear Division (PEW) The PEW business is Titan's latest retailing venture. The company now has 48 stores under the "Titan Eye+" brand across the country. Over the next few years the company plans to expand to 250 stores.

Face of Titan The Company also runs a one of a kind contest in the retail industry called the Face Of Titan (FOT) contest to identify the most talented Sales person, Manager & Service personnel Technician & Cashier. [citation needed] The contest recognizes the best based on a set of parameters that give a measure of the overall development of the individual in each of the categories mentioned above and is not solely on sales.

The contest leapfrogged into the digital era from the year 2006-07 with the introduction of IT in the capturing of survey data across all of its 200+ stores,that year also saw the introduction of the data gathered at the store level being used to profile the staff at various levels using a custom built web based software developed by I.GEN Labs

Trent (Westside) Trent is the retail arm of the Tata group. Started in 1998, Trent operates Westside, one of the many growing retail chains in India History In 1998 Tata sold of their 50% stake in the cosmetic products company Lakmé to HLL for Rs 200 Crore (approx. 45 million US$), and created Trent from the money it made through the sale. All shareholders of Lakmé were given different shares in Trent. Simone Tata, the chairperson of Lakmé, went on to head Trent. The reason behind the sale was that Simone Tata saw a greater growth potential in retail, and believed

that it would be much more difficult for an Indian company to release new cosmetic products in a market that had opened up to global companies which could invest more in research.At West side their aim is to regard customer as a most relevant retailer in the world.[citation needed] Business The company has a turnover of Rs. 357.6 crores (FY 2005-2006) and currently operates 36 stores in the major metros and mini metros of India. An international shopping experience, a perception of values, and offering the latest styles, has created a loyal following for Westside's own brand of merchandise.[citation needed] Westside was named the 'Most Admired Large Format Retail Chain of the Year' by the Lycra Images Fashion Awards 2005. [citation needed]

Westside operates stores in Mumbai,Navi Mumbai, Ahmedabad, Bangalore, Delhi, C

hennai, Kolkata, Hyderabad, Pune, Surat, Vadodara, Indore, Noida, Gurgaon, Ghazia bad,Mysore, Jaipur, Lucknow, Nagpur. [citation needed]

Star Bazaar Trent also operates the newly launched hypermarket, Star Bazaar which is situated in Ahmedabad, Bangalore and Mumbai.[1]

Landmark In Aug, 2005 Trent acquired a 76% controlling stake in Landmark[2], a Chennai-based privately owned books and music retailer and completed 100% acquisition in April 2008[3]. Landmark currently has 10 stores.

Voltas Voltas Limited is an engineering, air conditioning and refrigeration company based in Mumbai, India. It offers engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, electromechanical projects, textile machinery, machine tools, mining and construction equipment, materials handling, water management, building management systems, indoor air quality and chemicals. Voltas is a part of the Tata Group. The Chairman of Voltas is Ishaat Hussain. The managing director is A. Soni. Its shares are traded on the Bombay Stock Exchange under symbol 500575. Its 2006 sales were 19,544,000,000 rupees. Voltas provided the air-conditioning for the world's biggest ocean liner, the RMS

Queen Mary 2 and also the world's biggest building, the Burj Dubai. [1] In January 2008, Tata Motors unveiled its People's Car, the Tata Nano, which India and the world have been looking forward to. The Tata Nano has been subsequently launched, as planned, in India in March 2009. A development, which signifies a first for the global automobile industry, the Nano brings the comfort and safety of a car within the reach of thousands of families. The standard version has been priced at Rs.100,000 (excluding VAT and transportation cost). Designed with a family in mind, it has a roomy passenger compartment with generous leg space and head room. It can comfortably seat four persons. Its mono-volume design will set a new benchmark among small cars. Its safety performance exceeds regulatory requirements in India. Its tailpipe emission performance too exceeds regulatory requirements. In terms of overall pollutants, it has a lower pollution level than two-wheelers being manufactured in India today. The lean design strategy has helped minimise weight, which helps maximise performance per unit of energy consumed and delivers high fuel efficiency. The high fuel efficiency also ensures that the car has low carbon

dioxide emissions, thereby providing the twin benefits of an affordable transportation solution with a low carbon footprint.