Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.
The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.
Dr Anahita Pandole and her husband Darius, who injured in the car accident that killed former Tata Sons chairman Cyrus Mistry, were on Monday shifted by road to Mumbai from a hospital in neighbouring Vapi town of Gujarat, an official said.
Former Tata Sons chairman Cyrus Mistry was on Sunday killed in a road accident after his car hit a divider in Maharashtra's Palghar district neighbouring Mumbai, a police official said.
AGR dues calculated by the government for 16 entities add up to Rs 1.69 lakh crore, while telcos' self-assessment place their dues at a mere Rs 37,176 crore.
Tata, who attended the annual gala event at the National Centre of Performing Arts after five years, was alluding to Chandra's presentation on the performance of the Tata group of companies.
Ratan Tata is passionate about British manufacturing. There will be no change. It will be the same culture, the charitable culture.
US-based Orient Express Hotels has termed the $1.86 billion acquisition offer by Tata group firm Indian Hotels as 'unsolicited' and said it will evaluate the proposal 'carefully and respond' accordingly.
With the addition of these two directors, the total Board strength of the company increases to 14 which include seven independent directors, including O P Bhatt, Tata Consultancy Services said.
But the Tata Group is an established and growing brand in Australia, affirm top local managers.
Their reputation was measured on a 0-100 point scale based on four attributes - the degree to which a person is liked, respected, admired, and trusted.
Like many other Indian companies, the Tata group too has globalised in the past decade. It is a testimony to the success of Indian enterprise in the global marketplace that many of them have done well, in the face of severe competition.
However, Tata said he will be most comfortable to have an Indian as his successor.
Industrial conglomerate Tata group has spent $ 133 million in advisory fees related to various buyouts in the last two years, according to data compiled by leading global financial information provider Dealogic. The group has acquired as many as 56 businesses with a total volume of $ 20.6 billion in the last two years, accounting for 82 per cent of their total merger & acquisition volume. Since the year 2002 the Tata group has made as many as 106 acquisitions valued at $ 2mn.
Shapoorji and Pallonji Group to contest Cyrus Mistry's ouster from Tata Sons
Vodafone Idea and Airtel have made provisions for their liabilities arising from the Supreme Court order in their latest September quarter results.
Ratan N Tata, Chairman, Tata Group of Companies, on Tuesday held meetings with top Chinese business leaders to assess prospects in the world's most potential market and also discussed the communist giant's impressive economic progress.
In a rare honour, chairman of Tata group of companies, Ratan Tata was on Wednesday made honorary economic advisor to the booming east Chinese city of Hangzhou.
In a bid to galvanise its air defence capabilities, India on Tuesday successfully test fired a new, long range surface-to-air missile jointly developed with Israel from a defence base off Odisha coast.
Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
Vistara, an airline in which Tata Sons owns 51 per cent stake, is one of those which wants a relaxation in rules, saying these are important for the country's economic growth.
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
A high-level three-member committee is formed to grow awareness about fraudulent job offers.
The successful test firing of medium range surface-to-air missiles is welcome news for the IAF.
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