Search results
Results From The WOW.Com Content Network
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 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. In 1954, it entered the commercial vehicle market after forming a joint venture with Daimler-Benz.
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.
The Tata Group is perhaps the only Indian corporate to name its headquarters after a city where it started its journey. Bombay House, the global corporate HQ of the group. At that time, the group ran four businesses-textiles, hotels, steel and power-under the leadership of Sir Dorabji Tata, the elder son of group founder Jamsetji Tata.
Tata Consultancy Services Limited, originally known as Tata Computer Systems, was established in 1968 by Tata Sons Limited. [12] The company's initial contracts involved providing punched card services to its sister company TISCO (now Tata Steel ), developing an Inter-Branch Reconciliation System for the Central Bank of India , [ 13 ] and ...
Air India Limited is an Indian aviation holding company notably consisting of Air India and Air India Express headquartered in Gurugram, India. Its ownership is divided between Tata Group (74.9%) and Singapore Airlines (25.1%). On the anniversary of the airline's founder J. R. D. Tata's birth, its headquarters is in Gurugram [4] was inaugurated.
move to sidebar hide. From Wikipedia, the free encyclopedia