Scribd
Upload
32 views2 pages

What Tata Will Be Remembered For

Ratan Tata led the Tata group to many achievements during his tenure including launching the Tata Indica passenger car in 1998 that became the top brand in its segment, acquiring Tetley tea in 2000 making Tata the world's second largest tea company, and re-entering the insurance sector through a joint venture with AIG in 2001. Other notable achievements were acquiring a controlling stake in VSNL in 2002, TCS becoming the first Indian software company to earn over $1 billion in revenue in 2003, Tata Motors listing on the NYSE in 2004, Tata Steel acquiring Corus steel in 2007, unveiling the low-cost Nano car in 2008, and Tata Motors acquiring Jaguar and Land

Uploaded by

yashi78
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
32 views2 pages

What Tata Will Be Remembered For

Ratan Tata led the Tata group to many achievements during his tenure including launching the Tata Indica passenger car in 1998 that became the top brand in its segment, acquiring Tetley tea in 2000 making Tata the world's second largest tea company, and re-entering the insurance sector through a joint venture with AIG in 2001. Other notable achievements were acquiring a controlling stake in VSNL in 2002, TCS becoming the first Indian software company to earn over $1 billion in revenue in 2003, Tata Motors listing on the NYSE in 2004, Tata Steel acquiring Corus steel in 2007, unveiling the low-cost Nano car in 2008, and Tata Motors acquiring Jaguar and Land

Uploaded by

yashi78
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

2/14/2014

What Tata will be remembered for:

Ratan Tata: Top 10 achievements under his leadership - NDTVProfit.com

1998: The Tata Indica, the conglomerate's first passenger car, was launched this year. The car went on to become the No. 1 brand in its segment within two years.

2000: Tata Tea, now Tata Global Beverages, acquired the Tetley group, the world's second largest manufacturer and distributor of tea. Tetley is the largest tea company in the UK.

2001: Tata AIG, a joint venture between the Tata group and American International Group Inc (AIG), marks the re-entry of the Tata group into the insurance sector. The group's insurance company, New India Assurance, founded by Dorab Tata in 1919, was nationalised in 1956.

2002: The group acquires a controlling stake in Videsh Sanchar Nigam Ltd. VSNL was founded in 1986 and was the first Indian PSU to be listed on the New Y ork Stock Exchange.

2003: Tata Consultancy Services became the first Indian software company to cross $1 billion in revenue. The company went public a year later.

2004: Tata Motors is listed on the New Y ork Stock Exchange. The company also acquires the heavy vehicles unit of Daewoo Motors the same year.

2007: Tata Steel acquires Anglo-Dutch company Corus, the second-largest steel maker in Europe.

2008: Tata Motors unveils the Nano, the country's cheapest passenger car. It was initially dubbed the R 1 lakh car, though it now costs R 1.5-2 lakh.

2008: Tata Motors acquires the Jaguar and Land Rover businesses from Ford, and forms a new company, Jaguar Land Rover.

http://profit.ndtv.com/news/cheat-sheet/article-ratan-tata-top-10-achievements-under-his-leadership-315310

1/2

2/14/2014

Ratan Tata: Top 10 achievements under his leadership - NDTVProfit.com

2012: Tata Global Beverages and Starbucks form a joint venture, Tata Starbucks Ltd, and open their first store in Mumbai.

http://profit.ndtv.com/news/cheat-sheet/article-ratan-tata-top-10-achievements-under-his-leadership-315310

2/2

You might also like