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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.
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.
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.
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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]
Tata Housing Development Company (THDC) is a fully owned subsidiary of Tata Sons, a holding company of the Tata Group. [3] The company was established in 1984 by the late JRD Tata. It was revived in 2006 under the leadership of Brotin Banerjee, Managing Director and CEO of Tata Housing Development Company Limited.
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
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.