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During this time, Tata Group began to acquire several companies. Tata Group bought Tetley In February 2000. After that, it acquired Corus Group in 2007. The next year, the company's subsidiary Tata Motors launched the Tata Nano, presenting it as "the world’s most affordable car," and acquired Jaguar and Land Rover from Ford Motor Company. [12]
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.
Tata Sons is the holding company of the Tata Group, and holds the bulk of shareholding in these companies. Tata Sons is the owner of the Tata name and the Tata trademarks, which are registered in India and several other countries. About 86% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family.
The parent company is Tata Sons, which is the main holding company of the Tata Group. About 65% of the stock in these companies is owned by various Tata family charitable trusts, mainly the Ratan Tata Trust and the Dorab Tata Trust. Approximately 18% of the shares are held by the Pallonji Mistry family, and the rest by various Tata sons.
Ratan Tata was born in Bombay (now Mumbai), during the British Raj, into a Parsi Zoroastrian family, on 28 December 1937. [11] He was the son of Naval Tata (who was born in Surat and later adopted into the Tata family), and Soonoo Tata (the niece of Tata group founder Jamsetji Tata).
Tata Motors is listed on the BSE and NSE, and is a constituent of the BSE SENSEX and NIFTY 50 benchmark indices. The company is ranked 265th on the Fortune Global 500 list of the world's biggest corporations as of 2019. [8] On 17 January 2017, Natarajan Chandrasekaran was appointed chairman of the company Tata Group.
Business: Ratan Tata, former chairman of India’s oldest conglomerate Tata Sons, has died at age 86 in a hospital, his company says; Economic: Germany's economy is on track to shrink for a second straight year; Money: Elections have less impact on your 401(k) than you might think
Jamshedji Nusserwanji Tata (also spelled Jamsetji; 3 March 1839 – 19 May 1904) was an Indian industrialist and philanthropist who founded the Tata Group, India's biggest conglomerate company. He established the city of Jamshedpur .