TATA GROUP OF CAMPANIES SECTOR WISE Engineering • TAL Manufacturing Solutions • Tata AutoComp Systems Limited (TACO) [1], auto-component manufacturer • Tata Motors (formerly Tata Engineering and Locomotives Ltd (TELCO)), largest manufacturer of commercial vehicles and passenger cars in India. • Jaguar and Land Rover • Tata Projects • TCE Consulting Engineers • Telco Construction Equipment Company • TRF [2] • Voltas, consumer electronics company
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 owned Brunner Mond, a United Kingdom-based chemical company with operations in Kenya and the Netherlands Services • The Indian Hotels Company • THDC • Tata-AIG General Insurance • Tata-AIG Life Insurance • Tata Asset Management • Tata Economic Consultancy Services • Tata Financial Services • 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 • Tata Johnson Controls • TATA FICOSA AUTOMOTIVE LIMITED Consumer Products • Tata Ceramics • Infiniti Retail • Tata McGraw Hill Publishing Company • 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 Tea • Tata International Ltd - Leather Products Division Information systems and communications • Computational Research Laboratories • INCAT • Nelco • Nelito Systems • SerWizSol • Tata Consultancy Services Ltd. (TCS) is Asia's largest software company with 2006-07 revenues being over US$ 4.3 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 2006.
ata Motors reported a total sale of 40,729 vehicles (including exports) for the month of July 2008, a decline of 3 per cent compared to 42,098 vehicles sold in July last year. Cumulative sales for the company at 1,72,462 numbers, grew by 2 per cent.
Commercial vehicles The company’s sales of commercial vehicles in July 2008 in the domestic market was 22,381 numbers, a growth of 8 per cent compared to 20,705 vehicles sold in July last year. LCV sales were 12,284 numbers, a growth of 19 per cent over July 2007. While M&HCV sales stood at 10,097 numbers, a decline of 3 per cent over July 2007, new and more fuel-efficient M&HCV vehicles introduced over the last few months are showing good growth.
Cumulative sales of commercial vehicles in the domestic market for the fiscal were 93,861 numbers, a growth of 14 per cent over last year. Cumulative M&HCV sales stood at 45,932 numbers, a growth of 7 per cent over last year, while LCV sales for the fiscal were 47,929 numbers, a growth of 22 per cent over last year.
Passenger vehicles Restricted finance availability, high interest rates, increased prices and product maturity in some segments continued to impact passenger vehicle sales of the company in July. Total sales of passenger vehicles were 14,652 numbers in the domestic market in July 2008, a decline of 13.9 per cent over July 2007. The Indica reported sales of 7,525 numbers, a decline of 32 per cent over July 2007. The Indigo family recorded sales of 4,487 numbers, a 73 per cent growth over July 2007. The Sumo and Safari accounted for sales of 2,640 numbers, a 20.6 per cent decline compared to July 2007, impacted by the sudden and unexpected increase in excise duties in the latter half of June 2008.
Cumulative sales of passenger vehicles in the domestic market for the fiscal in the first four months were 65,746 numbers, a decline of 4.5 per cent over the same period last year. Cumulative sales of the Indica at 33,201 numbers, reported a decline of 27 per cent. Cumulative sales of the Indigo family were 17,539 numbers, a growth of 79 per cent. Cumulative sales of Sumo and Safari were 15,006 numbers, a growth of 12 per cent. The Sumo recorded a 19 per cent growth with sales of 9,407 numbers, while Safari sales at 5,599 numbers grew by 3 per cent.
The Tata Group The Tata Group is India's best-known industrial group with an estimated turnover of around US$ 14. 25 billion (equivalent to 2.6 per cent of India's GDP), covering 91 major companies with business operations in seven business sectors engineering, materials, energy, chemicals, consumer products, services and communications and information systems. The Tata brand is India's most respected brand across consumer segments with many national and internationally renowned product and service brands: Tata Indica, Tata Indigo, Indigo Marina, Tata Safari, Tata Indicom, Taj Hotels Resorts and Palaces, Tata Consultancy Services, Tata Tea, Tetley, Tata Salt, Titan, Tanishq, Voltas and Westside. By combining ethical values with business acumen, globalisation with national interests and core businesses with emerging ones, the Tata Group aims to be the largest and most respected global brand from India, while fulfilling its long-standing commitment to improving the quality of life of its stakeholders. REHA
Highlights:B>By the year 2007, Tata AIG Life will:
*
Capture 20 per cent market share of the private life insurance industry *
Aim for a total premium in excess of Rs 4,000 crore *
Add over 2,500 employees, 75,000 financial advisors and 400 distribution partners across India *
Expand to a network of 140 branches in the top 60 cities
Tata AIG Life Insurance Company Limited today unveiled 'Operation Quantum Leap', the company's aggressive business growth strategy for the next three years. Tata AIG Life has set its sight on becoming one of the top two players in the private insurance sector with a market share of 20 per cent by the year 2007. Operation Quantum Leap aims to generate a total premium income of over Rs 4,000 crore on a customer base of around 3 million by the end of 2007.
In line with its ambitious business growth plans, Tata AIG Life is planning to increase resources across the board over the next three years. In addition to substantially increasing its equity capital base from the present level of Rs 276 crore, Tata AIG Life will recruit 2,500 employees, taking its employee strength to over 3,000 from its present level of 800. Further, its agency channel comprising 25,000 personal financial advisors will be increased threefold to over 1,00,000. The company's alternate channels of distribution (comprising corporate agents, brokers, bancassurance, rural and direct marketing) are targeting a twofold increase in partners to over 600 from the present levels of around 200. The company is also enhancing its infrastructure and technology and increasing its network to 140 branch offices in 60 major cities from its current presence in 24 cities with 45 branch and sales offices.
Unveiling Operation Quantum Leap, Mr Ian J. Watts, managing director, Tata AIG Life, said, "Since the time we commenced operations in April 2001, our approach to growth at Tata AIG Life has been to offer relevant and innovative products. We have spent the last three-and-a-half years gaining a deep understanding of the market and the consumer and we have done extremely well in line with our plans. However, a substantial portion of the insurable population is still uninsured or under-insured. At the same time, many existing customers are becoming increasingly conscious of service and product quality. We see this as a tremendous opportunity given our commitment to provide our customers with innovative products combined with world-class service. Further, with our focus on financial discipline, we have a clear route to profitability by 2007, which is critical to the long-term growth and sustainability of this business. Therefore, in line with our commitment to fulfill the protection, savings and retirement needs of both individual and corporate customers, today we launch 'Operation Quantum Leap'. We aim to achieve market leadership by the end of 2007 and be one of the top two players in the private insurance category." REHA VIJ
'With people-related knowledge resources becoming a key competitive advantage in today's world, the Tata Group has felt the need to refocus its attention on leadership development,' says R. Gopalakrishnan, executive director of Tata Sons, and member of the Group Executive Office, detailing the group's new initiatives in developing human resources
With rapid technological change as well as global consolidation in industries from banking to telecommunications, companies need Chief Executives and managers skilled in running complex enterprises. Companies need to casttheir net wider for managerial talent and have meaningful processes for grooming potential Chief Executives. They also need to do a better job of drilling down into the organisation to spot and nurture future leaders early in their careers and develop a system of succession planning on a continuing basis.
In order to meet these challenges, the Tata Group is taking some major initiatives in key areas. The group is focusing on human resources, as potentially the most important aspect of the group's change agenda. R. Gopalakrishnan, executive director of Tata Sons, and member of the Group Executive Office, who, is also responsible for the HR function, spoke to Christabelle Noronha about the group’s new HR initiatives.
tata.com: In his New Year message, the Chairman had said, and I quote: 'It has also been possible to finalize broad human resource development templates for the Group that will vitalize career growth through reward systems and job mobility." What steps are being taken in this direction? R. Gopalakrishnan: The Tatas have had a long tradition of managing human resources. The enlightened view they took with regard to labour in Jamshedpur as well as the early initiative they took in setting up the Tata Administrative Services, or TAS, have both been well documented. But times have changed significantly and with people-related knowledge resources becoming a key competitive advantage in today’s world, the Tata Group has felt the need to refocus its attention on leadership development.
Historically, leaders were developed in individual companies, and the group played only a small role. Only two activities were managed as a group – the Tata Management Training Centre, or TMTC, and TAS. With the formation of the GEO, the signing of the Brand Equity Business Promotion, or BEBP, agreement by group companies, HR has become a very important part of the change agenda in the group.
A survey was done to assess the needs of companies and managers in the group. The findings that emerged were:
* mobility for growth
* competitive remuneration;
* performance measurement system;
* potential assessment system;
* group training inputs
* group resourcing
While several Tata companies may have their own performance measurement systems their systems must be able to ‘speak’ to each other, and, likewise with potential assessment. Like computers speak to each other through an XML standard, we need a group approach to performance management.
tata.com: What is the Group HR mandate? RG: To attract good people, retain the better people and advance the best people. We are seeking to construct an integrated HR system, in which the central backbone will be the Tata Work Level. Around this concept we will have a performance measurement system,(PMS) potential assessment system (PAS), career development system (CDS) and a remuneration policy (RP), all held together by an organised methodology to enable the system to operate in harmony.
We are now at the work-in-progress stage, and are piloting work levels in a few select companies.
A company manages its business through two kinds of work – managerial work, done by people with clear authority and accountability, and with influence over resource allocation; the second is supervisory work, done by skilled people who implement assigned tasks and report to managers.
To fit the proposed Tata framework, the whole group’s management jobs will be studied. There can be a maximum of six Tata Work Levels (TWL), though not every company will have all six levels. TWLs will be determined by the level of challenge in the job, so it is the backbone of the HR framework which will be implemented.
tata.com: So, what are these work levels, how will they impact companies and affect their current structures? RG: Work levels are determined by two factors; the Company Scope (CS) and the Management Scope (MS).The intersection of these two is the Tata Work Level. – A is the highest and F the lowest.
We have classified our companies into three scopes - we call them Scope 1 Company, Scope 2 Company and Scope 3 Company, naturally, all companies don’t have the same scope. Scope 1 companies are complex and/or large as measured by parameters such as turnover, profits, manpower, nature of competition, extent of co-ordination and control required. Scope 2 companies are large companies but less complex, whereas Scope 3 companies are medium sized.
Management scope is de-linked from Company Scope. It tells you at what level of managerial work you are within the company irrespective of the size or the complexity of the company. Management scope 6 is typically the lowest level of management, with some functional responsibility in a line or staff function to deliver results in a fairly defined structure of customers, technology, geography and time frame.
As we progress along the ladder the management scope increases to encompass leadership, performance and accountability. At the highest level, scope1, the individual concerned, usually the chief executive, will be responsible for running the enterprise, delivering results and ensuring shareholder returns.
Traditionally, we look at the organisation as a pyramid with the Chief Executive and senior management at the top and others at different levels of the pyramid. If you use a windscreen wiper model and plot the management scope on the y-axis and company scope on the x-axis, then, the work and scope of the manager is very wide in a large and complex company and the wind screen wiper is at A, the highest level. The highest quality of work gets done here. This area has the smallest number of jobs but is largest in leadership demand.
Obviously, between companies the quality of work will differ for the same management scope. Under the new framework, managers can aspire over a period of time in their career to move upwards from work level F to work level A. Today we have a situation in the group where people just change designations. The new initiatives have nothing to do with designations. It is to give insight to the CEO and top management of companies into how to get a flatter hierarchy and give their managers better quality jobs. We would like to have managers who are motivated to produce the highest quality of work.
tata.com: How will all this benefit employees and help in career progression? RG: Career development is largely about spotting good people, giving them job mobility, rotation and progression up the organisation structure. We have developed a model wherein an individual’s capacity to progress up the organisation can be tracked based on the work levels we have defined and the experience and exposure of the individual concerned. We will gradually implement a structured methodology to manage our human resources and manager’s expectations from the group.
There are some functions like HR and finance, which do not have a sector bias and, thus, can be freely rotated across companies operating in different business sectors. Others like technology, research and manufacturing are sector-specific functions, which, while have limited scope for rotation across companies, can nevertheless be used in different functions to develop their general management. Both functions have potential to rise to general management or to be functional specialists.
A Tata leader is required to develop six characteristics through his career. The more senior the leader, the more of these qualities they are required to exemplify. The characteristics are:
These new initiatives, together with the group focus on career planning and development will have its impact on individual employees of the group.
tata.com: How do you identify potential leaders in such a large group with over 10,000 managers? RG: By bringing increasing levels of objectivity and order into the entire exercise, all managers in the group will be continuously evaluated on the basis of a matrix that maps their "Energy"(emotional intelligence) with their "Experience" (intuition) gained over the years. Typical leaders are those with multi-functional and multi-location experience and have very high levels of energy – both physical, emotional and intellectual. They look and conduct themselves as highly energetic people.
The analysis provided by such a matrix allows the group to keep track of the potential leaders in the group and harness their abilities for the group’s progress. The matrix is fairly self-explanatory and provides a rational basis for tracking key managers. The exercise will also help in identifying high performers or proven leaders.
The company is the unit where potential and performance of the manager is assessed and this is the foundation of the system. Those meeting certain criteria will come into the group’s radar screen, but the position is not assured for all times.
tata.com: Of the good performers how do you identify the outstanding leaders? RG: A very significant departure from the past is the process of managing career development of employee’s group-wide, instead of looking at specific companies only. A key to this is the consultative process between the companies and the GEO. For instance if a company needs to recruit a resource of a certain level of seniority, they will need to do so in consultation with the GEO as there could be a good resource within the group. What we are saying here is that as the work levels rise in a company, the degree of consultation with the Group Executive Office also increases. In order to make this happen, systems will be devised. It is a major departure and a very positive one for the group. It will be implemented progressively and will be effective over the next 18 months. In the mean time companies will continue to recruit senior people till the systems are all in place. For the first time the group will have a system for mobility, not a perfect one I should add, but vastly better than the one we presently have. REHA VIJ
Tata Sons is the owner of the Tata name and the Tata trademark, which are registered in India and several other countries. These are used by various Tata companies in relation to their products and services. The terms of use of the Group mark and logo by Tata companies are governed by the Brand Equity and Business Promotion Agreement, which is signed by Tata Sons and individual Group companies.
Apart from this, the company's activities are:
* To maintain shareholding in main operating companies. * To invest in operating companies to facilitate growth. * To promote the Group's entry into new businesses.
Tata Sons has two divisions:
* Tata Quality Management Services: Helps Tata companies achieve business excellence through the Tata Business Excellence Model. * Tata Financial Services: In-house financial consultancy which carries out long- and short-term financial planning for Tata companies. regards karan ahuja
The Tata Group (Hindi: टाटा समूह) is a multinational conglomerate based in Mumbai, India. In terms of market capitalization and revenues, Tata Group is the largest private company in India. It has interests in steel, automobiles, information technology, communication, power, tea and hotels. 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 98 companies in seven business sectors, 27 of which are publicly listed. 65.8% of the ownership of Tata Group is held by the charitable trust of Tata. Companies which form a major part of the group include Tata Steel, Corus Steel, Tata Motors, Tata Consultancy Services, Tata Tea, Titan Industries, Tata Power, Tata Communications and the Taj Hotels.
The group takes the name of its founder, Jamsedji 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. The company is currently in its fifth generation of family stewardship.REHA VIJ
Tata Motors Limited, formerly known as TELCO (TATA Engineering and Locomotive Company), is a multinational corporation headquartered in Mumbai, India. It is India's largest passenger automobile and commercial vehicle manufacturing company. Part of the Tata Group, and one of the world's largest manufacturers of commercial vehicles. The OICA ranked it as the world's 20th largest automaker, based on figures for 2006.
Tata Motors was established in 1945, when the company began manufacturing locomotives. The company manufactured its first commercial vehicle in 1954 in collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors was listed on the NYSE in 2004, and by 2005 it was ranked among the top 10 corporations in India with an annual revenue exceeding INR 320 billion. In 2004, it 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. Tata Motors launched their much awaited Tata Nano, noted for its Rs 100,000 price-tag, in January 2008.
In March 2008, it finalised a deal with Ford Motor Company to acquire their British Jaguar Land Rover (JLR) business, which also includes the Rover, Daimler and Lanchester brand names. The purchase was completed on 2nd June 2008
Tata Motors has its manufacturing base in Jamshedpur, Lucknow, Pune and Singur.REHA VIJ
Tata Teleservices Limited (TTSL) is a part of the Tata Group of Companies, an Indian Conglomerate. It runs under the brand name Tata Indicom in India, in various telecom circles of India. The company forms part of the Tata Group's presence in the Telecommunication Industry in India, along with Tata Teleservices (Maharashtra) Limited (TTML) and Videsh Sanchar Nigam Limited (VSNL).
In February this year, TTSL announced that it would provide CDMA mobile services targeted towards the youth, in a joint venture with Virgin, UK,on a MVNO basis. REHA VIJ
Tata Steel, formerly known as TISCO (Tata Iron and Steel Company Limited), is the world's 5th largest and India's largest steel company with an annual crude steel capacity of 28 million tonnes. It is a Fortune Global 500 company with a rank of 315. It is based in Mumbai, India. It is part of Tata 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.
Its main plant is located in Jamshedpur, Jharkhand, though 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. In the year 2000, the company was recognised as the world's lowest-cost producer of steel. The company was also recognized as the world's best steel producer by World Steel Dynamics in 2005. The company is listed on BSE and NSE; and employs about 82,700 people (as of 2007). REHA VIJ
Tata Sons is a promoter of the key companies of the Tata Group and holds the bulk of shareholding in these companies. It was established as a trading enterprise by Group founder Jamsetji Tata in 1868. The chairman of Tata Sons has traditionally been the chairman of the Tata Group.
Tata Sons is the owner of the Tata name and the Tata trademark, which are registered in India and several other countries. These are used by various Tata companies in relation to their products and services. The terms of use of the Group mark and logo by Tata companies are governed by the Brand Equity and Business Promotion Agreement, which is signed by Tata Sons and individual Group companies.
About 66 per cent of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family. The biggest two of these trusts are the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, which were created by the families of the sons of Jamshedji Tata. REHA VIJ
Titan Industries is the world's sixth largest wrist watch manufacturer and India's leading producer of watches under the Titan and Sonata 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). Its product portfolio includes watches, clocks, 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. REHA VIJ
SOME OF THE BRANCH OFFICES OF TATA 1.Tata consultancy services 2.Birla Institute of Technology 3.CMC Limited 4.Bank of India 5.Nerul in Maharashtra 6.Economy of Mumbai 7.Navsari Disrict in South Gujrat 8.Bareilly 9.L-1 visa in USA 10.Core Banking 11.Nitish Katara 12.Federal Instite of science & tech. 13.Cseszneky 14.faridabad 15.Govt Coll of Technology,Coimbatore REHA VIJ
TATA AIG LIFE -A new look at life -First insurance company to launch Micro Insurance. -Full range of productsw and dedicates offices.
>first major micro insurance initiatives venture by an Indian insurance company. >launches three new Micro insurance products and five micro insurance branches. >Adopts a tailor mad rural communication strategy to reach out to the rural community.
Trent, the retail arm of the Tata Group, plans to more than double the number of stores it has now, to 100 by March 2010 even as it's mulling a foray into multi-brand outlets and food retailing.
Trent currently operates retail stores `Westside' and `Landmark' and hypermarket `Star Bazaar'.
It currently has 29 Westside stores, ten Landmark stores and three Star Bazaar outlets.
"We intend to take that up to 60-odd Westside stores, 25 Landmark stores and 15-20 Star Bazaar outlets by March 2010", a Trent official said. "We will have at least 100 stores, all three brands put together, by March 2010".
"We are exploring the possibility of entering into the multi-brand outlets (on the lines of `Central' and `Shopper's Stop') and fast-food retailing business", said the official, who refused to give a time-frame for the possible foray.
Meanwhile, `Star Bazaar', which targets the burgeoning consumer class and metro-focused, entered south India on Thursday, with the opening of the outlet here. It's Trent's third in the country after the ones in Ahmedabad and Mumbai.
The company currently operates its retail business nationally through 3,000 plus outlets comprising of 600 TTSL owned stores and more than 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. Most towns with a population of 50,000 and above within the 20 circles of TTSL’s operation already have the presence of a Tata Indicom Exclusive outlet.
This is the largest branded retail presence amongst all telecom operators in the country and in fact, makes Tata Indicom the largest retailer in India in terms of number of stores under one brand name.
Tata Indicom has also launched an online portal for its customers i-choose where the customers can conveniently buy Tata Indicom post-paid connections and prepaid recharge vouchers at the click of a mouse with an upfront commitment of activation and delivery of the handset within 72 hours. Accessible from over 400 cities across India, http//www.ichoose.com has been conceptualized to enable the customers to make an educated and well-researched choice from a wide range of Tata Indicom handsets, tariff plans and value added services
The two retail formats earlier existed as True Value Hubs and True Value Shops, primarily depending on the kind of products and level of customer service provided. Over a period of time, the small format TVSs’ were upgraded to undertake a larger extent of varied customer services like bill payments, customer service requests, etc. As a result, apart from the size of the store, there is little difference between the stores in terms of services that they can deliver to customers. Thus, both formats were brought under one umbrella of the Tata Indicom Exclusive Stores.
UK's largest retailer Tesco has decided to go solo by developing a cash-and-carry business with an investment of £ 60 million in the first two years.
It has simultaneously zeroed in on a tie-up with Trent, the Tata group retail arm, to develop the latter's discount hypermarket format.
The cash-and-carry business, also known as wholesale outlets, is the only retail format where 100% FDI is allowed. Tesco international & IT director Philip Clarke said, "We have made no secret of our wish to enter India and have had a team here for almost three years studying the market, talking to businesses and consumers and looking for the right way forward.''
While Tesco joins German rival Metro--the first to enter India in 2003--in opting for the wholly-owned cash-and-carry operations, Wal-Mart has a 50:50 JV with Bharti group and Carrefour is still exploring India.
The exclusive arrangement with Trent, for which Tesco will receive a fee, is one where the former can draw from the British chain's vast retail expertise and technical capability to support its own big box format Star Bazaar, which has been on a slow track, according to retail analysts. Launched in 2004, there are four Star Bazaar stores in the country.
Looking for sharper management focus and improvement in operations, Star Bazaar was recently transferred to a 100% Trent subsidiary, Trent Retail. "In large format retailing in India, hypermarket is the most challenging and eventually rewarding, as it has been abroad,'' said Trent MD Noel N Tata.
This (Star Bazaar transfer to Trent Retail) was done to beef up its large box format through local sourcing arrangements as against national sourcing.
This was done because as the latter was unviable, especially in food and groceries, due to infrastructure bottlenecks, tax inefficiencies and high freight costs. Another reason for hiving off Star Bazaar was that it could have tie-ups with international retailers to enhance its know-how.
Both these requirements will be fulfilled through Tesco association. Apart from accessing the $99.5-billion Tesco's marketing, stock management, retail information systems, cold-chain infrastructure and front-end services expertise, Trent will source merchandise for Star Bazaar from Tesco's wholesale outlets in India.
Tesco has 3,729 stores in 13 countries. Its first wholesale outlet will be set up in Mumbai shortly. However, unlike South African chain Shoprite, which has a brand franchise alliance with city-based realty firm Nirmal Lifestyle, the Tesco-Trent deal wouldn't see any Tesco branding at Star Bazaar outlets.
Trent's other retail formats are Westside (apparel and lifestyle), Landmark (books and music) and Sisley (manages the Italian apparel brand).
"From one store in 2004, we at present have four stores, which will be expanded further," Tata added.
Trent Ltd, he retail arm of the Tata Group, has drawn up a Rs 2,000 crore investment plan for setting up 50 hypermarkets — Star Bazaar — over the next five years, a top company official said.
"We are launching 50 new hypermarket stores 'Star Bazaar' in the next five years at an investment of around Rs 2,000 crore," Trent Ltd's Managing Director Noel Tata told reporters here today.
Trent aims to expand to 100 stores across formats by FY'10.
The money will be raised through internal accruals only, Tata said.
The company has launched its second Star Bazaar at Andheri in Mumbai today. Spread across nearly 75,000 square feet over two floors, Star Bazaar is a one-stop shop.
"Higher property price has hit retail expansion. In hypermarkets, property is a major and significant cost in our business," Tata said.
Commenting on inflation affecting the retail business, Tata said, "people are looking for better value in inflation. This is the right time for us to be opening hypermarkets to provide value to customers."
"We have huge pressures on cost — both in terms of raw material and staff. We have been able to absorb quite a substantial portion of those increased costs," he said, adding that the best way of driving cost down was growing the business as fast as possible. regards karan ahuja
Trent is a retail operations company that owns and manages a number of retail chains in India. Established in 1998, Trent runs lifestyle chain Westside, one of India’s largest and fastest growing chain of lifestyle retail stores, Star Bazaar, a hypermarket chain, and Landmark, a books and music chain.
Areas of business * Westside: With a number of stores across India, this chain offers clothes, footwear and accessories for men, women and children, along with furnishings, artifacts and a range of home accessories. * Star Bazaar: This hypermarket chain offers a wide choice of products, including staple foods, beverages, health and beauty products, vegetables, fruits, dairy and non-vegetarian products. * Landmark: A leader in the books and music category, this chain has a range of over 100,000 titles in books and music, and also stocks movies, toys, gift items and stationery.
Location Trent has its headquarters in Mumbai, India.
Contact Trent Enterprise Centre Besides Hotel Orchid Vile Parle (east) Mumbai 400 099 India Phone: +91 (22) 6676 7575 Fax: +91 (22) 2610 6193 Email: smeeta.neogi@trent-tata.com Website: www.mywestside.com
At Westside our mission is to be regarded by our customers as the most relevant retailer in the country. In order to achieve this goal, we shall develop a comprehensive understanding of their needs, strive to win their confidence, and offer them best-in-class products and services at affordable prices. We shall always be in the forefront of fashion and services by anticipating and exceeding the expectations of our customers. Our leadership will be the product of our styling, quality and service consciousness. We will continue to scale new heights of excellence through teamwork, in an atmosphere that encourages creativity and innovativeness. It is our policy to satisfy our customers with the range, quality and value of the products we offer. However, if they are dissatisfied with any item that they might have purchased we would take the necessary measures to assist them. We expect our customers to return unused merchandise along with its receipt within 30 days; we would exchange the returned items or give our customers a complete refund. In the event that they do not have the receipt we would offer them an exchange or provide them a gift voucher to the current or last known selling price. We have complete confidence in the quality of our merchandise however should our customers have any grievances, we would be happy to address them once they are brought to our attention.
· ‘Tata Steelium’ is the first branded Cold Rolled Steel product in I ndia.The brand promises superior formability,flatness,surface quality,thickness consistency and strength. · Tata Shaktee offers to the consumer GC sheets that ‘Lasts Longer’. · Tata Agrico products are the most sought after hand tools and implements in the country.The brand has been regarded a prima donna in the country. · Tata Bearings is a leader in the auto ancillary two wheelers market segment. · A new dimention in Steel Tube Technology opened up in India in the early 50’s with the establishment of the Indian Tube Company Ltd. (ITC) Regards, Apoorva
The Wire division of Tata Steel iaunched the 'Tata Wiron' brand for their Galvanised wires. The wire Division of tata steel(formely Tata SSL Limited) is one of the top ten wire companies of the world. Regards, Apoorva
TATA STEEL Tata Steel is the world's sixth largest steel manufacturer. It operates in more than 20 countries and has a commercial presence in over 50. The company was established in Jamshedpur, India, in 1907. In the past few years, Tata Steel has invested in Corus (UK), Millennium Steel (renamed Tata Steel Thailand) and NatSteel Asia (Singapore). With these, the company has created a manufacturing and marketing network in Europe, South East Asia and the Pacific-rim countries. It has the capacity to produce over 26 million tonnes of crude steel every year.
Areas of business The company produces crude steel and basic steel products, and makes steel for building and construction applications through Tata BlueScope Steel, its joint venture with Australia's BlueScope Steel. Tata Steel has also set up joint ventures for the development of limestone mines in Thailand, the procurement of low-ash coal from Australia and coking coal from Mozambique, and the setting up of a deep-sea port in Orissa in India. The company is exploring opportunities in the titanium dioxide business in Tamil Nadu, India, and will soon be producing high carbon ferrochrome from its plant in South Africa.
Joint ventures, subsidiaries, associates >Corus Group: Europe’s second largest steel maker with major operations in the UK and continental Europe, Corus produces long and strip products for the construction, automotive, packaging, engineering and other markets worldwide. (www.corusgroup.com)
>NatSteel Asia: A leading supplier of premium steel products for the construction industry, NatSteel has operations in seven countries in Asia. (www.natsteel.com.sg)
>Tata Steel Thailand: A major steel producer in Thailand, the company produces steel for the construction industry.
>Tinplate Company of India: Industry leader in India in the manufacture of tinning line products, including electrolytic tinplate, tin-free steel and cold-rolled products. (www.tatatinplate.com/)
>Tayo Rolls: India’s leading roll manufacturer and supplier, the company produces rolls for integrated steel plants, power plants, the paper, textile and food processing sectors, and the government mint. (www.tayo.co.in/)
>Tata Ryerson: Offers hot- and cold-rolled flat steel products in customised sizes and quantities. Tata Refractories: Produces high-alumina, basic, dolomite, silica and monolithic refractories and offers design, procurement and re-lining services. (www.tataref.com)
>Tata Sponge Iron: Produces sponge iron lumps and fines. (www.tatasponge.com/)
>Tata Metaliks: Manufactures and sells foundry-grade pig iron. (www.tatametaliks.com)
>Tata Pigments: Produces oxides of iron, dry cement paint, exterior emulsion paint and distemper. Its products are used in paints, emulsions, cement floors and plastics.
>Jamshedpur Injection Powder: Manufactures carbide de-sulphurising compounds used for the production of low-sulphur, high-quality steel. (www.jamipol.com)
>TM International Logistics: Provides material handling and port operation services at the Haldia and Paradip ports in India; also has freight-forwarding and chartering services. (www.tmilltd.com)
>mjunction services: A 50:50 joint venture involving Steel Authority of India and Tata Steel, it is India's largest e-commerce company and the world's largest e-marketplace for steel. (www.mjunction.in)
>TRF: In the business of design, manufacture, supply, installation and commissioning of engineered-to-order equipment and systems in the areas of bulk material handling, processing, reclaiming and blending. (www.trfltd.com)
>Jamshedpur Utility and Service Company: Re-engineered out of Tata Steel's town services, JUSCO provides municipal and civic services for townships. (www.juscoltd.com)
>Indian Steel and Wire Products: Recently acquired by Tata Steel, ISWP has a wire unit and a steel roll manufacturing unit.
>Tata BlueScope Steel: A joint venture with BlueScope Steel, Australia, the company offers a comprehensive range of branded steel products for building and construction applications. (www.tatabluescopesteel.com)
>Dhamra Port Company: A joint venture between Larsen & Toubro and Tata Steel to build a deep-draft (18 metres) all-weather port in Orissa on the east coast of India. (www.dhamraport.com)
>Hooghly Met Coke & Power Company: A joint venture with the West Bengal Industrial Development Corporation, producing met coke and electric power. (www.hooghlymetcoke.com)
>Lanka Special Steel: A Sri Lankan unit that manufactures galvanised wires.
>Sila Eastern Company: Established to develop limestone mines in Thailand, mainly for captive use.
>Tata Steel KZN: Setting up a high carbon ferrochrome plant in South Africa with an annual production capacity of 135,000 tonnes.
>Tata NYK: A 50:50 joint venture with Nippon Yusen Kabushiki Kaisha (NYK Line) to set up a shipping company to handle dry-bulk and break-bulk cargo.
Location Tata Steel is headquartered at Jamshedpur in Jharkhand, India. regards Apoorva Goel
46 comments:
TATA GROUP OF CAMPANIES
SECTOR WISE
Engineering
• TAL Manufacturing Solutions
• Tata AutoComp Systems Limited (TACO) [1], auto-component manufacturer
• Tata Motors (formerly Tata Engineering and Locomotives Ltd (TELCO)), largest manufacturer of commercial vehicles and passenger cars in India.
• Jaguar and Land Rover
• Tata Projects
• TCE Consulting Engineers
• Telco Construction Equipment Company
• TRF [2]
• Voltas, consumer electronics company
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 owned Brunner Mond, a United Kingdom-based chemical company with operations in Kenya and the Netherlands
Services
• The Indian Hotels Company
• THDC
• Tata-AIG General Insurance
• Tata-AIG Life Insurance
• Tata Asset Management
• Tata Economic Consultancy Services
• Tata Financial Services
• 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
• Tata Johnson Controls
• TATA FICOSA AUTOMOTIVE LIMITED
Consumer Products
• Tata Ceramics
• Infiniti Retail
• Tata McGraw Hill Publishing Company
• 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 Tea
• Tata International Ltd - Leather Products Division
Information systems and communications
• Computational Research Laboratories
• INCAT
• Nelco
• Nelito Systems
• SerWizSol
• Tata Consultancy Services Ltd. (TCS) is Asia's largest software company with 2006-07 revenues being over US$ 4.3 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 2006.
TATA GROUP
FOR INFORMATION ON PRODUCTS
FOR BUSINESS
http://www.tata.com/products/index.aspx?sectid=U2YC1EMmQuk=
FOR CONSUMERS
http://www.tata.com/products/index.aspx?sectid=ghCu6vsg2vU=
PLEASE OPEN THE ABOVE MENTIONED URL
REGARDS
KARAN AHUJA
Investor desk
Market capitalisation of Tata companies
Market capitalisation of 13 Tata Group companies as on 13th August
Name of the Company
Rs. Cr
$ billion
Tata Consultancy Services
81,033
19.0
Tata Elxsi
619
0.1
Tata Communications
12,821
3.0
Tata Motors
16,712
3.9
Voltas
4,485
1.1
Tata Steel
44,612
10.5
Taj Hotels, Resorts and Palaces
4,813
1.1
Tata Power
22,152
5.2
Tata Tea
4,633
1.1
Titan
5,541
1.3
Trent
1,016
0.2
Tata Chemicals
7,285
1.7
Rallis
668
0.2
Note: Exchange rate $ = Rs42.65
REGARDS
KARAN AHUJA
ata Motors reported a total sale of 40,729 vehicles (including exports) for the month of July 2008, a decline of 3 per cent compared to 42,098 vehicles sold in July last year. Cumulative sales for the company at 1,72,462 numbers, grew by 2 per cent.
Commercial vehicles
The company’s sales of commercial vehicles in July 2008 in the domestic market was 22,381 numbers, a growth of 8 per cent compared to 20,705 vehicles sold in July last year. LCV sales were 12,284 numbers, a growth of 19 per cent over July 2007. While M&HCV sales stood at 10,097 numbers, a decline of 3 per cent over July 2007, new and more fuel-efficient M&HCV vehicles introduced over the last few months are showing good growth.
Cumulative sales of commercial vehicles in the domestic market for the fiscal were 93,861 numbers, a growth of 14 per cent over last year. Cumulative M&HCV sales stood at 45,932 numbers, a growth of 7 per cent over last year, while LCV sales for the fiscal were 47,929 numbers, a growth of 22 per cent over last year.
Passenger vehicles
Restricted finance availability, high interest rates, increased prices and product maturity in some segments continued to impact passenger vehicle sales of the company in July. Total sales of passenger vehicles were 14,652 numbers in the domestic market in July 2008, a decline of 13.9 per cent over July 2007. The Indica reported sales of 7,525 numbers, a decline of 32 per cent over July 2007. The Indigo family recorded sales of 4,487 numbers, a 73 per cent growth over July 2007. The Sumo and Safari accounted for sales of 2,640 numbers, a 20.6 per cent decline compared to July 2007, impacted by the sudden and unexpected increase in excise duties in the latter half of June 2008.
Cumulative sales of passenger vehicles in the domestic market for the fiscal in the first four months were 65,746 numbers, a decline of 4.5 per cent over the same period last year. Cumulative sales of the Indica at 33,201 numbers, reported a decline of 27 per cent. Cumulative sales of the Indigo family were 17,539 numbers, a growth of 79 per cent. Cumulative sales of Sumo and Safari were 15,006 numbers, a growth of 12 per cent. The Sumo recorded a 19 per cent growth with sales of 9,407 numbers, while Safari sales at 5,599 numbers grew by 3 per cent.
The Tata Group
The Tata Group is India's best-known industrial group with an estimated turnover of around US$ 14. 25 billion (equivalent to 2.6 per cent of India's GDP), covering 91 major companies with business operations in seven business sectors engineering, materials, energy, chemicals, consumer products, services and communications and information systems. The Tata brand is India's most respected brand across consumer segments with many national and internationally renowned product and service brands: Tata Indica, Tata Indigo, Indigo Marina, Tata Safari, Tata Indicom, Taj Hotels Resorts and Palaces, Tata Consultancy Services, Tata Tea, Tetley, Tata Salt, Titan, Tanishq, Voltas and Westside. By combining ethical values with business acumen, globalisation with national interests and core businesses with emerging ones, the Tata Group aims to be the largest and most respected global brand from India, while fulfilling its long-standing commitment to improving the quality of life of its stakeholders. REHA
PROMOTION STRATEGY
Highlights:B>By the year 2007, Tata AIG Life will:
*
Capture 20 per cent market share of the private life insurance industry
*
Aim for a total premium in excess of Rs 4,000 crore
*
Add over 2,500 employees, 75,000 financial advisors and 400 distribution partners across India
*
Expand to a network of 140 branches in the top 60 cities
Tata AIG Life Insurance Company Limited today unveiled 'Operation Quantum Leap', the company's aggressive business growth strategy for the next three years. Tata AIG Life has set its sight on becoming one of the top two players in the private insurance sector with a market share of 20 per cent by the year 2007. Operation Quantum Leap aims to generate a total premium income of over Rs 4,000 crore on a customer base of around 3 million by the end of 2007.
In line with its ambitious business growth plans, Tata AIG Life is planning to increase resources across the board over the next three years. In addition to substantially increasing its equity capital base from the present level of Rs 276 crore, Tata AIG Life will recruit 2,500 employees, taking its employee strength to over 3,000 from its present level of 800. Further, its agency channel comprising 25,000 personal financial advisors will be increased threefold to over 1,00,000. The company's alternate channels of distribution (comprising corporate agents, brokers, bancassurance, rural and direct marketing) are targeting a twofold increase in partners to over 600 from the present levels of around 200. The company is also enhancing its infrastructure and technology and increasing its network to 140 branch offices in 60 major cities from its current presence in 24 cities with 45 branch and sales offices.
Unveiling Operation Quantum Leap, Mr Ian J. Watts, managing director, Tata AIG Life, said, "Since the time we commenced operations in April 2001, our approach to growth at Tata AIG Life has been to offer relevant and innovative products. We have spent the last three-and-a-half years gaining a deep understanding of the market and the consumer and we have done extremely well in line with our plans. However, a substantial portion of the insurable population is still uninsured or under-insured. At the same time, many existing customers are becoming increasingly conscious of service and product quality. We see this as a tremendous opportunity given our commitment to provide our customers with innovative products combined with world-class service. Further, with our focus on financial discipline, we have a clear route to profitability by 2007, which is critical to the long-term growth and sustainability of this business. Therefore, in line with our commitment to fulfill the protection, savings and retirement needs of both individual and corporate customers, today we launch 'Operation Quantum Leap'. We aim to achieve market leadership by the end of 2007 and be one of the top two players in the private insurance category." REHA VIJ
ORGANIZATION STRUCTURE
'With people-related knowledge resources becoming a key competitive advantage in today's world, the Tata Group has felt the need to refocus its attention on leadership development,' says R. Gopalakrishnan, executive director of Tata Sons, and member of the Group Executive Office, detailing the group's new initiatives in developing human resources
With rapid technological change as well as global consolidation in industries from banking to telecommunications, companies need Chief Executives and managers skilled in running complex enterprises. Companies need to casttheir net wider for managerial talent and have meaningful processes for grooming potential Chief Executives. They also need to do a better job of drilling down into the organisation to spot and nurture future leaders early in their careers and develop a system of succession planning on a continuing basis.
In order to meet these challenges, the Tata Group is taking some major initiatives in key areas. The group is focusing on human resources, as potentially the most important aspect of the group's change agenda.
R. Gopalakrishnan, executive director of Tata Sons, and member of the Group Executive Office, who, is also responsible for the HR function, spoke to Christabelle Noronha about the group’s new HR initiatives.
tata.com: In his New Year message, the Chairman had said, and I quote: 'It has also been possible to finalize broad human resource development templates for the Group that will vitalize career growth through reward systems and job mobility." What steps are being taken in this direction?
R. Gopalakrishnan: The Tatas have had a long tradition of managing human resources. The enlightened view they took with regard to labour in Jamshedpur as well as the early initiative they took in setting up the Tata Administrative Services, or TAS, have both been well documented. But times have changed significantly and with people-related knowledge resources becoming a key competitive advantage in today’s world, the Tata Group has felt the need to refocus its attention on leadership development.
Historically, leaders were developed in individual companies, and the group played only a small role. Only two activities were managed as a group – the Tata Management Training Centre, or TMTC, and TAS. With the formation of the GEO, the signing of the Brand Equity Business Promotion, or BEBP, agreement by group companies, HR has become a very important part of the change agenda in the group.
A survey was done to assess the needs of companies and managers in the group. The findings that emerged were:
* mobility for growth
* competitive remuneration;
* performance measurement system;
* potential assessment system;
* group training inputs
* group resourcing
While several Tata companies may have their own performance measurement systems their systems must be able to ‘speak’ to each other, and, likewise with potential assessment. Like computers speak to each other through an XML standard, we need a group approach to performance management.
tata.com: What is the Group HR mandate?
RG: To attract good people, retain the better people and advance the best people. We are seeking to construct an integrated HR system, in which the central backbone will be the Tata Work Level. Around this concept we will have a performance measurement system,(PMS) potential assessment system (PAS), career development system (CDS) and a remuneration policy (RP), all held together by an organised methodology to enable the system to operate in harmony.
We are now at the work-in-progress stage, and are piloting work levels in a few select companies.
A company manages its business through two kinds of work – managerial work, done by people with clear authority and accountability, and with influence over resource allocation; the second is supervisory work, done by skilled people who implement assigned tasks and report to managers.
To fit the proposed Tata framework, the whole group’s management jobs will be studied. There can be a maximum of six Tata Work Levels (TWL), though not every company will have all six levels. TWLs will be determined by the level of challenge in the job, so it is the backbone of the HR framework which will be implemented.
tata.com: So, what are these work levels, how will they impact companies and affect their current structures?
RG: Work levels are determined by two factors; the Company Scope (CS) and the Management Scope (MS).The intersection of these two is the Tata Work Level. – A is the highest and F the lowest.
We have classified our companies into three scopes - we call them Scope 1 Company, Scope 2 Company and Scope 3 Company, naturally, all companies don’t have the same scope. Scope 1 companies are complex and/or large as measured by parameters such as turnover, profits, manpower, nature of competition, extent of co-ordination and control required. Scope 2 companies are large companies but less complex, whereas Scope 3 companies are medium sized.
Management scope is de-linked from Company Scope. It tells you at what level of managerial work you are within the company irrespective of the size or the complexity of the company. Management scope 6 is typically the lowest level of management, with some functional responsibility in a line or staff function to deliver results in a fairly defined structure of customers, technology, geography and time frame.
As we progress along the ladder the management scope increases to encompass leadership, performance and accountability. At the highest level, scope1, the individual concerned, usually the chief executive, will be responsible for running the enterprise, delivering results and ensuring shareholder returns.
Traditionally, we look at the organisation as a pyramid with the Chief Executive and senior management at the top and others at different levels of the pyramid. If you use a windscreen wiper model and plot the management scope on the y-axis and company scope on the x-axis, then, the work and scope of the manager is very wide in a large and complex company and the wind screen wiper is at A, the highest level. The highest quality of work gets done here. This area has the smallest number of jobs but is largest in leadership demand.
Obviously, between companies the quality of work will differ for the same management scope. Under the new framework, managers can aspire over a period of time in their career to move upwards from work level F to work level A. Today we have a situation in the group where people just change designations. The new initiatives have nothing to do with designations. It is to give insight to the CEO and top management of companies into how to get a flatter hierarchy and give their managers better quality jobs. We would like to have managers who are motivated to produce the highest quality of work.
tata.com: How will all this benefit employees and help in career progression?
RG: Career development is largely about spotting good people, giving them job mobility, rotation and progression up the organisation structure. We have developed a model wherein an individual’s capacity to progress up the organisation can be tracked based on the work levels we have defined and the experience and exposure of the individual concerned. We will gradually implement a structured methodology to manage our human resources and manager’s expectations from the group.
There are some functions like HR and finance, which do not have a sector bias and, thus, can be freely rotated across companies operating in different business sectors. Others like technology, research and manufacturing are sector-specific functions, which, while have limited scope for rotation across companies, can nevertheless be used in different functions to develop their general management. Both functions have potential to rise to general management or to be functional specialists.
A Tata leader is required to develop six characteristics through his career. The more senior the leader, the more of these qualities they are required to exemplify. The characteristics are:
These new initiatives, together with the group focus on career planning and development will have its impact on individual employees of the group.
tata.com: How do you identify potential leaders in such a large group with over 10,000 managers?
RG: By bringing increasing levels of objectivity and order into the entire exercise, all managers in the group will be continuously evaluated on the basis of a matrix that maps their "Energy"(emotional intelligence) with their "Experience" (intuition) gained over the years. Typical leaders are those with multi-functional and multi-location experience and have very high levels of energy – both physical, emotional and intellectual. They look and conduct themselves as highly energetic people.
The analysis provided by such a matrix allows the group to keep track of the potential leaders in the group and harness their abilities for the group’s progress. The matrix is fairly self-explanatory and provides a rational basis for tracking key managers. The exercise will also help in identifying high performers or proven leaders.
The company is the unit where potential and performance of the manager is assessed and this is the foundation of the system. Those meeting certain criteria will come into the group’s radar screen, but the position is not assured for all times.
tata.com: Of the good performers how do you identify the outstanding leaders?
RG: A very significant departure from the past is the process of managing career development of employee’s group-wide, instead of looking at specific companies only. A key to this is the consultative process between the companies and the GEO. For instance if a company needs to recruit a resource of a certain level of seniority, they will need to do so in consultation with the GEO as there could be a good resource within the group. What we are saying here is that as the work levels rise in a company, the degree of consultation with the Group Executive Office also increases. In order to make this happen, systems will be devised. It is a major departure and a very positive one for the group. It will be implemented progressively and will be effective over the next 18 months. In the mean time companies will continue to recruit senior people till the systems are all in place. For the first time the group will have a system for mobility, not a perfect one I should add, but vastly better than the one we presently have. REHA VIJ
Tata Sons is the owner of the Tata name and the Tata trademark, which are registered in India and several other countries. These are used by various Tata companies in relation to their products and services. The terms of use of the Group mark and logo by Tata companies are governed by the Brand Equity and Business Promotion Agreement, which is signed by Tata Sons and individual Group companies.
Apart from this, the company's activities are:
* To maintain shareholding in main operating companies.
* To invest in operating companies to facilitate growth.
* To promote the Group's entry into new businesses.
Tata Sons has two divisions:
* Tata Quality Management Services: Helps Tata companies achieve business excellence through the Tata Business Excellence Model.
* Tata Financial Services: In-house financial consultancy which carries out long- and short-term financial planning for Tata companies.
regards
karan ahuja
The Tata Group (Hindi: टाटा समूह) is a multinational conglomerate based in Mumbai, India. In terms of market capitalization and revenues, Tata Group is the largest private company in India. It has interests in steel, automobiles, information technology, communication, power, tea and hotels. 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 98 companies in seven business sectors, 27 of which are publicly listed. 65.8% of the ownership of Tata Group is held by the charitable trust of Tata. Companies which form a major part of the group include Tata Steel, Corus Steel, Tata Motors, Tata Consultancy Services, Tata Tea, Titan Industries, Tata Power, Tata Communications and the Taj Hotels.
The group takes the name of its founder, Jamsedji 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. The company is currently in its fifth generation of family stewardship.REHA VIJ
PRODUCTS OF TATA
Tata Motors Limited, formerly known as TELCO (TATA Engineering and Locomotive Company), is a multinational corporation headquartered in Mumbai, India. It is India's largest passenger automobile and commercial vehicle manufacturing company. Part of the Tata Group, and one of the world's largest manufacturers of commercial vehicles. The OICA ranked it as the world's 20th largest automaker, based on figures for 2006.
Tata Motors was established in 1945, when the company began manufacturing locomotives. The company manufactured its first commercial vehicle in 1954 in collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors was listed on the NYSE in 2004, and by 2005 it was ranked among the top 10 corporations in India with an annual revenue exceeding INR 320 billion. In 2004, it 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. Tata Motors launched their much awaited Tata Nano, noted for its Rs 100,000 price-tag, in January 2008.
In March 2008, it finalised a deal with Ford Motor Company to acquire their British Jaguar Land Rover (JLR) business, which also includes the Rover, Daimler and Lanchester brand names. The purchase was completed on 2nd June 2008
Tata Motors has its manufacturing base in Jamshedpur, Lucknow, Pune and Singur.REHA VIJ
PRODUCTS OF TATA
Tata Teleservices Limited (TTSL) is a part of the Tata Group of Companies, an Indian Conglomerate. It runs under the brand name Tata Indicom in India, in various telecom circles of India. The company forms part of the Tata Group's presence in the Telecommunication Industry in India, along with Tata Teleservices (Maharashtra) Limited (TTML) and Videsh Sanchar Nigam Limited (VSNL).
In February this year, TTSL announced that it would provide CDMA mobile services targeted towards the youth, in a joint venture with Virgin, UK,on a MVNO basis.
REHA VIJ
PRODUCTS OF TATA
Tata Steel, formerly known as TISCO (Tata Iron and Steel Company Limited), is the world's 5th largest and India's largest steel company with an annual crude steel capacity of 28 million tonnes. It is a Fortune Global 500 company with a rank of 315. It is based in Mumbai, India. It is part of Tata 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.
Its main plant is located in Jamshedpur, Jharkhand, though 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. In the year 2000, the company was recognised as the world's lowest-cost producer of steel. The company was also recognized as the world's best steel producer by World Steel Dynamics in 2005. The company is listed on BSE and NSE; and employs about 82,700 people (as of 2007).
REHA VIJ
PRODUCTS OF TATA
Tata Sons is a promoter of the key companies of the Tata Group and holds the bulk of shareholding in these companies. It was established as a trading enterprise by Group founder Jamsetji Tata in 1868. The chairman of Tata Sons has traditionally been the chairman of the Tata Group.
Tata Sons is the owner of the Tata name and the Tata trademark, which are registered in India and several other countries. These are used by various Tata companies in relation to their products and services. The terms of use of the Group mark and logo by Tata companies are governed by the Brand Equity and Business Promotion Agreement, which is signed by Tata Sons and individual Group companies.
About 66 per cent of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family. The biggest two of these trusts are the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, which were created by the families of the sons of Jamshedji Tata.
REHA VIJ
PRODUCTS OF TATA
Titan Industries is the world's sixth largest wrist watch manufacturer and India's leading producer of watches under the Titan and Sonata 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). Its product portfolio includes watches, clocks, 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.
REHA VIJ
SOME OF THE BRANCH OFFICES OF TATA
1.Tata consultancy services
2.Birla Institute of Technology
3.CMC Limited
4.Bank of India
5.Nerul in Maharashtra
6.Economy of Mumbai
7.Navsari Disrict in South Gujrat
8.Bareilly
9.L-1 visa in USA
10.Core Banking
11.Nitish Katara
12.Federal Instite of science & tech.
13.Cseszneky
14.faridabad
15.Govt Coll of Technology,Coimbatore
REHA VIJ
TATA AIG LIFE
-A new look at life
-First insurance company to launch Micro Insurance.
-Full range of productsw and dedicates offices.
>first major micro insurance initiatives venture by an Indian insurance company.
>launches three new Micro insurance products and five micro insurance branches.
>Adopts a tailor mad rural communication strategy to reach out to the rural community.
Apoorva.
TATA MOTORS-
Passenger cars-Indica v2
Indica v2 TURBO
Indica v2 XETA
Indica v2 DICAR
Indigo xl
Indigo marina
Indigo cs
Fiat cars
Utility vehicles-Safari Dicor
Sumo Grade
Trucks-Medium and Heavy
commercial vehicles-tata
novvs
-Intermediate commercial
vehicles
-Light commercial vehicles-
TL 4x4
-Small commercial vehicles
Buses-Starbus and Globus
Apoorva
Trent, the retail arm of the Tata Group, plans to more than double the number of stores it has now, to 100 by March 2010 even as it's mulling a foray into multi-brand outlets and food retailing.
Trent currently operates retail stores `Westside' and `Landmark' and hypermarket `Star Bazaar'.
It currently has 29 Westside stores, ten Landmark stores and three Star Bazaar outlets.
"We intend to take that up to 60-odd Westside stores, 25 Landmark stores and 15-20 Star Bazaar outlets by March 2010", a Trent official said. "We will have at least 100 stores, all three brands put together, by March 2010".
"We are exploring the possibility of entering into the multi-brand outlets (on the lines of `Central' and `Shopper's Stop') and fast-food retailing business", said the official, who refused to give a time-frame for the possible foray.
Meanwhile, `Star Bazaar', which targets the burgeoning consumer class and metro-focused, entered south India on Thursday, with the opening of the outlet here. It's Trent's third in the country after the ones in Ahmedabad and Mumbai.
Regards,
sneha
The company currently operates its retail business nationally through 3,000 plus outlets comprising of 600 TTSL owned stores and more than 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. Most towns with a population of 50,000 and above within the 20 circles of TTSL’s operation already have the presence of a Tata Indicom Exclusive outlet.
This is the largest branded retail presence amongst all telecom operators in the country and in fact, makes Tata Indicom the largest retailer in India in terms of number of stores under one brand name.
Tata Indicom has also launched an online portal for its customers i-choose where the customers can conveniently buy Tata Indicom post-paid connections and prepaid recharge vouchers at the click of a mouse with an upfront commitment of activation and delivery of the handset within 72 hours. Accessible from over 400 cities across India, http//www.ichoose.com has been conceptualized to enable the customers to make an educated and well-researched choice from a wide range of Tata Indicom handsets, tariff plans and value added services
The two retail formats earlier existed as True Value Hubs and True Value Shops, primarily depending on the kind of products and level of customer service provided. Over a period of time, the small format TVSs’ were upgraded to undertake a larger extent of varied customer services like bill payments, customer service requests, etc. As a result, apart from the size of the store, there is little difference between the stores in terms of services that they can deliver to customers. Thus, both formats were brought under one umbrella of the Tata Indicom Exclusive Stores.
regards,
Sneha
Head office for TATA INDICOM :-
Tatanet division, NELCO ltd.,
EL-6, T.T.C. Industrial area
MIDC Electric Zone,Mahape,
Navi mumbai- 400 709.
REGARDS,
SNEHA
Corporate Headquarters
HEAD QUARTERS:-
Voltas Limited
Voltas House,
"A" Block,
Dr. Babasaheb Ambedkar Road,
Chinchpokli,
Mumbai 400 033
Regards,
sneha
Head office of TATA STEEL:-
Tata Steel - TKM Division,
Nanavati Mahalaya, II floor,
18, Homi Modi Street
Mumbai 400 001
Regards,
Sneha
Head office of TATA TRENT:-
Enterprise Centre
Besides Hotel Orchid
Vile Parle (east)
Mumbai 400 099
India
Regards,
sneha
Another sector TATA is dealing in is airlines ... that is TAJ AIR.
Head office of TAJ AIR:-
TajAir
Gate No 8, Old airport
Near Military Camp, Kalina
Santacruz (E)
Mumbai 400 029
India
regards,
sneha
Head office:-
Tata Sky
Bombay Dyeing AO building
Pandurang Budhkar Marg
Worli
Mumbai 400 025
Regards,
sneha
Head office of indian hotels:-
Indian Hotels Company
Oxford House
15-17 NF Street
Apollo Bunder
Mumbai 400 001
India
Head Office of TATA TEA:-
Tata Tea
1, Bishop Lefroy Road
Kolkata 700 020
India
Regards,
sneha
Head office of :-
Titan Industries
Tower A, Golden Enclave
Airport Road
Bangalore 560 017
India
Regards
Sneha
Head Office of TETLEY GROUP:-
Tetley Group
325 Oldfield Lane North
Greenford
Middlesex
UB6 0AZ
United Kingdom
Regards,
sneha
HEAD OFFICE:-
Tata Capital
One Forbes
Dr V B Gandhi Marg
Fort
Mumbai 400 001
India
Head office:-
Tata Consultancy Services
TCS House
Raveline Street
Mumbai 400 001
India
Regards,
sneha
Head Office:-
Tata International
Block A, Shivsagar Estates
Dr Annie Besant Road
Worli
Mumbai 400 018
India
regards,
sneha
Head office of TATA MOTORS, TATA INDUSTRIES, TATA POWER,TATA CHEMICALS,TATA SERVICES :-
Tata Power
Bombay House
24, Homi Mody Street
Mumbai 400 001
India
Regards,
sneha
news on tata trents
UK's largest retailer Tesco has decided to go solo by developing a cash-and-carry business with an investment of £ 60 million in the first two years.
It has simultaneously zeroed in on a tie-up with Trent, the Tata group retail arm, to develop the latter's discount hypermarket format.
The cash-and-carry business, also known as wholesale outlets, is the only retail format where 100% FDI is allowed. Tesco international & IT director Philip Clarke said, "We have made no secret of our wish to enter India and have had a team here for almost three years studying the market, talking to businesses and consumers and looking for the right way forward.''
While Tesco joins German rival Metro--the first to enter India in 2003--in opting for the wholly-owned cash-and-carry operations, Wal-Mart has a 50:50 JV with Bharti group and Carrefour is still exploring India.
The exclusive arrangement with Trent, for which Tesco will receive a fee, is one where the former can draw from the British chain's vast retail expertise and technical capability to support its own big box format Star Bazaar, which has been on a slow track, according to retail analysts. Launched in 2004, there are four Star Bazaar stores in the country.
Looking for sharper management focus and improvement in operations, Star Bazaar was recently transferred to a 100% Trent subsidiary, Trent Retail. "In large format retailing in India, hypermarket is the most challenging and eventually rewarding, as it has been abroad,'' said Trent MD Noel N Tata.
This (Star Bazaar transfer to Trent Retail) was done to beef up its large box format through local sourcing arrangements as against national sourcing.
This was done because as the latter was unviable, especially in food and groceries, due to infrastructure bottlenecks, tax inefficiencies and high freight costs. Another reason for hiving off Star Bazaar was that it could have tie-ups with international retailers to enhance its know-how.
Both these requirements will be fulfilled through Tesco association. Apart from accessing the $99.5-billion Tesco's marketing, stock management, retail information systems, cold-chain infrastructure and front-end services expertise, Trent will source merchandise for Star Bazaar from Tesco's wholesale outlets in India.
Tesco has 3,729 stores in 13 countries. Its first wholesale outlet will be set up in Mumbai shortly. However, unlike South African chain Shoprite, which has a brand franchise alliance with city-based realty firm Nirmal Lifestyle, the Tesco-Trent deal wouldn't see any Tesco branding at Star Bazaar outlets.
Trent's other retail formats are Westside (apparel and lifestyle), Landmark (books and music) and Sisley (manages the Italian apparel brand).
"From one store in 2004, we at present have four stores, which will be expanded further," Tata added.
regards
karan ahuja
tata
Trent to invest Rs2,000 cr for hypermarkets
Trent Ltd, he retail arm of the Tata Group, has drawn up a Rs 2,000 crore investment plan for setting up 50 hypermarkets — Star Bazaar — over the next five years, a top company official said.
"We are launching 50 new hypermarket stores 'Star Bazaar' in the next five years at an investment of around Rs 2,000 crore," Trent Ltd's Managing Director Noel Tata told reporters here today.
Trent aims to expand to 100 stores across formats by FY'10.
The money will be raised through internal accruals only, Tata said.
The company has launched its second Star Bazaar at Andheri in Mumbai today. Spread across nearly 75,000 square feet over two floors, Star Bazaar is a one-stop shop.
"Higher property price has hit retail expansion. In hypermarkets, property is a major and significant cost in our business," Tata said.
Commenting on inflation affecting the retail business, Tata said, "people are looking for better value in inflation. This is the right time for us to be opening hypermarkets to provide value to customers."
"We have huge pressures on cost — both in terms of raw material and staff. We have been able to absorb quite a substantial portion of those increased costs," he said, adding that the best way of driving cost down was growing the business as fast as possible.
regards
karan ahuja
Tata Trent
profile
Trent is a retail operations company that owns and manages a number of retail chains in India. Established in 1998, Trent runs lifestyle chain Westside, one of India’s largest and fastest growing chain of lifestyle retail stores, Star Bazaar, a hypermarket chain, and Landmark, a books and music chain.
Areas of business
* Westside: With a number of stores across India, this chain offers clothes, footwear and accessories for men, women and children, along with furnishings, artifacts and a range of home accessories.
* Star Bazaar: This hypermarket chain offers a wide choice of products, including staple foods, beverages, health and beauty products, vegetables, fruits, dairy and non-vegetarian products.
* Landmark: A leader in the books and music category, this chain has a range of over 100,000 titles in books and music, and also stocks movies, toys, gift items and stationery.
Location
Trent has its headquarters in Mumbai, India.
Contact
Trent
Enterprise Centre
Besides Hotel Orchid
Vile Parle (east)
Mumbai 400 099
India
Phone: +91 (22) 6676 7575
Fax: +91 (22) 2610 6193
Email: smeeta.neogi@trent-tata.com
Website: www.mywestside.com
regards
karan ahuja
mission policy
At Westside our mission is to be regarded by our customers as the most relevant retailer in the country.
In order to achieve this goal, we shall develop a comprehensive understanding of their needs, strive to win their confidence, and offer them best-in-class products and services at affordable prices.
We shall always be in the forefront of fashion and services by anticipating and exceeding the expectations of our customers.
Our leadership will be the product of our styling, quality and service consciousness.
We will continue to scale new heights of excellence through teamwork, in an atmosphere that encourages creativity and innovativeness.
It is our policy to satisfy our customers with the range, quality and value of the products we offer. However, if they are dissatisfied with any item that they might have purchased we would take the necessary measures to assist them.
We expect our customers to return unused merchandise along with its receipt within 30 days; we would exchange the returned items or give our customers a complete refund.
In the event that they do not have the receipt we would offer them an exchange or provide them a gift voucher to the current or last known selling price.
We have complete confidence in the quality of our merchandise however should our customers have any grievances, we would be happy to address them once they are brought to our attention.
regards
karan ahuja
financial reports of tata trent
check the url link below
http://www.mywestside.com/about_financial.html
regards
karan ahuja
· ‘Tata Steelium’ is the first branded Cold Rolled Steel product in I ndia.The brand promises superior formability,flatness,surface quality,thickness consistency and strength.
· Tata Shaktee offers to the consumer GC sheets that ‘Lasts Longer’.
· Tata Agrico products are the most sought after hand tools and implements in the country.The brand has been regarded a prima donna in the country.
· Tata Bearings is a leader in the auto ancillary two wheelers market segment.
· A new dimention in Steel Tube Technology opened up in India in the early 50’s with the establishment of the Indian Tube Company Ltd. (ITC)
Regards,
Apoorva
The Wire division of Tata Steel iaunched the 'Tata Wiron' brand for their Galvanised wires. The wire Division of tata steel(formely Tata SSL Limited) is one of the top ten wire companies of the world.
Regards,
Apoorva
TATA STEEL
Tata Steel is the world's sixth largest steel manufacturer. It operates in more than 20 countries and has a commercial presence in over 50.
The company was established in Jamshedpur, India, in 1907. In the past few years, Tata Steel has invested in Corus (UK), Millennium Steel (renamed Tata Steel Thailand) and NatSteel Asia (Singapore). With these, the company has created a manufacturing and marketing network in Europe, South East Asia and the Pacific-rim countries. It has the capacity to produce over 26 million tonnes of crude steel every year.
Areas of business
The company produces crude steel and basic steel products, and makes steel for building and construction applications through Tata BlueScope Steel, its joint venture with Australia's BlueScope Steel.
Tata Steel has also set up joint ventures for the development of limestone mines in Thailand, the procurement of low-ash coal from Australia and coking coal from Mozambique, and the setting up of a deep-sea port in Orissa in India. The company is exploring opportunities in the titanium dioxide business in Tamil Nadu, India, and will soon be producing high carbon ferrochrome from its plant in South Africa.
Joint ventures, subsidiaries, associates
>Corus Group: Europe’s second largest steel maker with major operations in the UK and continental Europe, Corus produces long and strip products for the construction, automotive, packaging, engineering and other markets worldwide. (www.corusgroup.com)
>NatSteel Asia: A leading supplier of premium steel products for the construction industry, NatSteel has operations in seven countries in Asia. (www.natsteel.com.sg)
>Tata Steel Thailand: A major steel producer in Thailand, the company produces steel for the construction industry.
>Tinplate Company of India: Industry leader in India in the manufacture of tinning line products, including electrolytic tinplate, tin-free steel and cold-rolled products. (www.tatatinplate.com/)
>Tayo Rolls: India’s leading roll manufacturer and supplier, the company produces rolls for integrated steel plants, power plants, the paper, textile and food processing sectors, and the government mint. (www.tayo.co.in/)
>Tata Ryerson: Offers hot- and cold-rolled flat steel products in customised sizes and quantities.
Tata Refractories: Produces high-alumina, basic, dolomite, silica and monolithic refractories and offers design, procurement and re-lining services. (www.tataref.com)
>Tata Sponge Iron: Produces sponge iron lumps and fines.
(www.tatasponge.com/)
>Tata Metaliks: Manufactures and sells foundry-grade pig iron. (www.tatametaliks.com)
>Tata Pigments: Produces oxides of iron, dry cement paint, exterior emulsion paint and distemper. Its products are used in paints, emulsions, cement floors and plastics.
>Jamshedpur Injection Powder: Manufactures carbide de-sulphurising compounds used for the production of low-sulphur, high-quality steel. (www.jamipol.com)
>TM International Logistics: Provides material handling and port operation services at the Haldia and Paradip ports in India; also has freight-forwarding and chartering services. (www.tmilltd.com)
>mjunction services: A 50:50 joint venture involving Steel Authority of India and Tata Steel, it is India's largest e-commerce company and the world's largest e-marketplace for steel. (www.mjunction.in)
>TRF: In the business of design, manufacture, supply, installation and commissioning of engineered-to-order equipment and systems in the areas of bulk material handling, processing, reclaiming and blending. (www.trfltd.com)
>Jamshedpur Utility and Service Company: Re-engineered out of Tata Steel's town services, JUSCO provides municipal and civic services for townships. (www.juscoltd.com)
>Indian Steel and Wire Products: Recently acquired by Tata Steel, ISWP has a wire unit and a steel roll manufacturing unit.
>Tata BlueScope Steel: A joint venture with BlueScope Steel, Australia, the company offers a comprehensive range of branded steel products for building and construction applications. (www.tatabluescopesteel.com)
>Dhamra Port Company: A joint venture between Larsen & Toubro and Tata Steel to build a deep-draft (18 metres) all-weather port in Orissa on the east coast of India.
(www.dhamraport.com)
>Hooghly Met Coke & Power Company: A joint venture with the West Bengal Industrial Development Corporation, producing met coke and electric power.
(www.hooghlymetcoke.com)
>Lanka Special Steel: A Sri Lankan unit that manufactures galvanised wires.
>Sila Eastern Company: Established to develop limestone mines in Thailand, mainly for captive use.
>Tata Steel KZN: Setting up a high carbon ferrochrome plant in South Africa with an annual production capacity of 135,000 tonnes.
>Tata NYK: A 50:50 joint venture with Nippon Yusen Kabushiki Kaisha (NYK Line) to set up a shipping company to handle dry-bulk and break-bulk cargo.
Location
Tata Steel is headquartered at Jamshedpur in Jharkhand, India.
regards
Apoorva Goel
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