Business Standard

Tata in two minutes

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Business Standard New Delhi

CONSOLIDATING CONTROL OVER THE GROUP

1993 Russi Mody removed. Ratan Tata becomes Tata Steel chairman

1995 Darbari Seth, chairman of Tata Chemicals and Tata Tea (now Tata Global Beverages), retires

1997 Ajit Kerkar retires from Indian Hotels

1997 Ratan Tata becomes chairman of key group companies, Tata Power and Indian Hotels

1998 A unified group logo launched and group companies asked to pay royalty for using Tata name to Tata Sons

DIVESTING NON-CORE COMPANIES

1994 Sells Tata Oil Mills (Tomco) to Hindustan Unilever

1997 Sells Lakme brand and assets to Hindustan Unilever

1998 Pharma company Merind sold to Wockhardt

1998 Voltas divests white goods division

 

CAR DREAMS AND MORE…..

1992 Tata Sierra, the group's first car, launched

1994 Tata Sumo drives out

1998 Tata Indica and Tata Safari launched

1998 Retail debut: Trent starts operations

2003 Tata Indicom begins CDMA mobile service

2004 Indian Hotels launches IndiOne (now Ginger hotels), a chain of no-frills business hotel

2006 Tata Sky, DTH venture, starts service

2006 Croma, a retail chain for consumer electronics and durables starts operations

2008 Tata Motors unveils Nano, the world's cheapest car

2009 Tata Docomo debuts in mobile service

2009 Tata Chemicals launches Swach, the low-cost water purifier

GOING GLOBAL

2000 Tata Tea acquires Tetley Group, UK for $ 450 million

2004 Tata Motors buys the commercial vehicles unit of Daewoo Motors, South Korea

2006 Tata Chemicals acquires Brunner Mond Group, UK to become world's second largest soda ash maker

2006 Tata Tea acquires Eight O Clock Coffee, US

2006 Indian Hotels buys Ritz Carlton Boston for $ 170 million

2007 Tata Steel snaps up Corus for $ 12 billion, becomes the world's sixth largest steel maker

2007 Indian Hotels picks up 11% stake in Orient Express Hotels

2008 Tata Motors acquires JLR for $2.3 billion

2008 Tata Chemicals acquires General Chemicals, US for $1 billion

2012 Indian Hotels makes bid for OEH

HIS CONTROVERSIES

1997 Tata Tea allegedly paid protection money to ULFA in Assam

2008 Farmers’ protest Nano plant at Singur, West Bengal; Tata shifts production to Sanand, Gujarat

2010 Ratan Tata dragged into Radia tape controversy

HIS MISSES….

1998 Tata proposal to launch an airlines rejected by the government

1999 FIs blocked Tata Sons plans to raise stake in ACC through a preferential allotment.

2000 Tata group sells its entire stake in ACC to Ambuja Cement

2001 Withdraws from race to acquire Air India

2012 OEH board reject take-off bid by Indian Hotels

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First Published: Dec 28 2012 | 12:24 AM IST

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