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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.
In 1932, Tata founded an airline, known as Tata Air Services (later renamed Tata Airlines). [9] In 1953, the Government of India passed the Air Corporations Act and purchased a majority stake in the carrier from Tata Sons, though JRD Tata would continue as chairman until 1977. In 1945, Tata Motors was founded, first focused on locomotives.
The Tata family is an Indian business family, based in Mumbai, India.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.
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.
Ratan Tata was the interim chairman of Tata Sons. He headed the main two Tata trusts Sir Dorabji Tata and Allied Trusts and Sir Ratan Tata Trust and their allied trusts, with a combined stake of 66% in Tata Sons, Tata group's holding company. [68] He served in various capacities in organisations in India and abroad.
His father first bought shares in Tata Sons in the 1930s, a stake that as of 2011 stood at 18.4%, making Mistry the largest individual shareholder in Tata Sons, [1] which is primarily controlled by the Tata philanthropic Allied Trusts, [5] [6] and the largest individual shareholder in India's largest private conglomerate, Tata Group, the primary shareholder being the charitable Tata Trusts.
Tata Sierra (1991-2000) Tata Sumo (1994–2019). Tata Motors was founded in 1945, as a locomotive manufacturer. Tata Group entered the commercial vehicle sector in 1954 after forming a joint venture with Mercedes-Benz of Germany in which Tata developed a manufacturing facility in Jamshedpur for Daimler lorries. [10]
He joined Tata Sons as an unpaid apprentice in 1925. In 1938, at the age of 34, Tata was elected Chairman of Tata Sons making him the head of the largest industrial group in India. He took over as Chairman of Tata Sons from his second cousin Nowroji Saklatwala. For decades, he directed the huge Tata Group of companies, with major interests in ...