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[9] [8] Tata Steel was ranked 486th in the 2014 Fortune Global 500 ranking of the world's biggest corporations. [10] It was the seventh most valuable Indian brand of 2013, according to Brand Finance. [11] [12] [13] Tata Steel was listed amongst India's "Best Workplaces in Manufacturing" by Great Place to Work for the fifth time in 2022. [14]
Tata Steel acquired a 72.65% stake in Bhushan Steel on 18 May 2018 through its subsidiary Bamnipal Steel. Tata Steel paid ₹ 35,200 crore (equivalent to ₹ 470 billion or US$5.5 billion in 2023) to Bhushan Steel's creditor banks, and an additional ₹ 1,200 crore (equivalent to ₹ 16 billion or US$190 million in 2023) over 12 months to Bhushan Steel's operational creditors. [7]
Ishaat Hussain is an Indian businessman and the former director of Tata Sons and Tata Steel, and chairman of Tata Sky. [1] [2] He was also chairman of the Tata Group company, Voltas. [3] Between November 2016 and September 2017, he served as the interim chairman of Tata Consultancy Services, following the removal of Cyrus Mistry. [4]
Tata Sons Pvt. Ltd. is the holding company of the Tata Group, headquartered in Mumbai.It owns the bulk of shareholding in the Tata group of companies including their land holdings across India, tea estates and steel plants, and derives its revenue from dividends from these companies and brand loyalty fees.
An auditor who is independent 'in fact' has the ability to make independent decisions even if there is a perceived lack of independence present, [1] or if the auditor is placed in a compromising position by company directors. Many difficulties lie in determining whether an auditor is truly independent, since it is impossible to observe and ...
Jamshed Jiji Irani, (2 June 1936 – 31 October 2022) [1] was an Indian industrialist. Educated in Metallurgy, he joined British Iron and Steel Research Association.Later he joined Tata Steel from which he retired in 2007 as the Director.
In 1914 H.J.E. Wenckebach and J.C Ankersmit began planning the construction of a steelworks in the Netherlands, in 1916 Ankersmit departed for the USA, leaving Wenckebach to continue the work, [2] and on 19 April 1917 Wenckebach presented his plans which included the establishment of three blast furnaces, a coking plant, and plants for using the by products of the process (coking gas and slag).
In 2021, the company was split into a British and a Dutch branch: Tata Steel Netherlands (TSN) and Tata Steel UK, both of which fell directly under the Indian parent company Tata Steel. [1] Corus Group was formed through the merger of the Koninklijke Hoogovens and British Steel plc in 1999 and was a constituent of the FTSE 100 Index.