According to reports, Tata Sons has applied for permission from the Competition Commission of India (CCI) to purchase an additional 10% of DTH provider Tata Play from Temasek Holdings, a Singaporean sovereign wealth fund. According to multiple sources, which cite a notification sent to the CCI earlier this week, the proposed deal is the purchase of a 10% stake in Tata Play by Tata Sons from Baytree Investments (Mauritius) Pte Ltd. It should be noted that Temasek Holdings owns Baytree Investments (Mauritius).
Players Fighting Fierce Battle in Digital TV Sector
In April 2024, when the firm was valued at $1 billion, Temasek Holdings Pte sold its 10% share in Tata Play for INR 835 Cr ($100 million), giving Tata Sons a 70% stake in the company today. Walt Disney owns the remaining 30%, but after simplifying its portfolio and combining its media businesses with Reliance Jio in India, the company has been looking to leave the TV distribution industry. According to earlier reports, telecom giant Bharti Airtel was in advanced negotiations with the Tata Group in October of last year to buy Tata Play. This move would have strengthened Airtel’s position in the faltering digital TV market and improved its bundled offerings, ultimately increasing non-mobile revenues through convergence.
TATA Expanding its Network in Entertainment Space
The aforementioned development happened one month after it was reported that Tata Sons intended to invest in its digital division, Tata Digital, by the middle of 2025. A few weeks ago, the competition authority granted approval to Tata Electronics Private Limited’s (TEPL) plan to purchase the majority of Pegatron Technology India. The CCI also gave its approval to Tata Electronics’ proposal to give Pegatron India full ownership of TEL Components, a TEPL subsidiary.
One of the main content distribution platforms in India is Tata Play (previously Tata Sky), which offers Pay TV and over-the-top (OTT) services via its Tata Play Binge platform. The parties (Tata Sons and Tata Play) claimed in their submission to the CCI for evaluation of the proposed transaction that it would not have a negative impact on competition in any conceivable relevant markets.
As a result, the definition of the relevant market may stay open, and the CCI may evaluate the deal in light of India’s wired broadband internet services as well as the complementary relationship between web-based services like Tata Play Binge and internet access offered by Tata Sons through its affiliates, the statement continued. Based on Tata Sons’ application to the CCI, is it feasible that the company has chosen to keep the internet piece of Tata Play while letting go of the distribution platform operator’s video services section.
According to media reports, the salt-to-software conglomerate Tata Sons only intends to invest in its digital division, Tata Digital, by the middle of 2025. To advance its growth portfolio until then, Tata Digital will need to rely on loan financing and internal resources. A media report claims that this choice is in line with the business’ overarching plan to improve execution, accountability, and return on capital under the direction of Naveen Tahilyani, the company’s new CEO. The report also emphasises how, while keeping an eye on expansion, Tahilyani has tightened spending controls across the Tata Group’s divisions. This comes days after N Chandrasekaran, the chairman of Tata Sons, urged group company CEOs to pursue rapid expansion in spite of growing market uncertainty both domestically and internationally.
BigBasket Hitting the IPO in Coming Years
Blinkit, Swiggy Instamart, and Zepto are fierce rivals of Tata Digital’s rapid commerce division, BigBasket, and they are all increasing their costs in an effort to obtain a competitive advantage in the market. In addition, BigBasket is reportedly considering using public markets for an initial public offering (IPO) in the upcoming years. It is important to remember that Tata Digital saw a positive turn in the fiscal year 2023–24 (FY24), reducing its standalone losses from INR 1,370 Cr to INR 1,201 Cr.
According to officials, Tata Neu is currently actively utilising a data-driven approach to reach all consumer access points within the system, including collaborations with outside parties. The majority of the additional capital for BigBasket and 1mg is being obtained through debt rather than a new equity injection as part of this approach. To date, Tata Sons has contributed more than $2 billion to the mega app developed by Tata Digital.ET previously covered the funding plans of e-pharmacy 1mg and e-grocer BigBasket.
Tata Group’s Current Financial Dynamics
Additionally, Tata Digital’s overall revenue more than doubled from INR 204.3 Cr in FY23 to INR 420.5 Cr. Nonetheless, the first half of FY25 experienced single-digit revenue growth for a number of Tata Group entities, including Tata Consultancy Services (TCS), Tata Motors, Tata Steel, and Tata Power. This was further supported by a similar amount of enterprises experiencing a decline in their profitability. Additionally, Tata Digital saw a number of advancements in its brands, like Tata Neu and Croma. One of Tata Neu’s biggest revenue generators, Croma, named Shibashish Roy as its new CEO this month with the goal of accelerating development after restructuring. During the same month, Tata Neu launched Neu Flash, a fast commerce delivery service aimed at customers in a variety of markets, such as electronics and groceries.
Tata Cliq made INR 78.5 crore in revenue and INR 175 crore in losses in FY23. For Neu, Tata Cliq is an essential business since fashion is a major sector for any e-commerce platform. To grow its fashion business, Tata Cliq, which is part of Tata Unistore and is run by CEO Gopal Asthana, is working closely with the Neu team. After Vikas Purohit left in October of last year, Asthana was named CEO.
Chandrasekaran is one of the biggest leaders in India in the line of business. Currently, he is the COO as well as the Executive Director of Tata Consultancy Services besides being the Chairman of Tata Sons and Tata Group, and reportedly, the first non-Parsi executive head of Tata Group. He recently headed G20 India and is going to spearhead the business agenda.
Natarajan Chandrasekaran was born in 1963 in Mohanur. It is now part of the state of Tamil Nadu. He graduated in Applied Science from Coimbatore Institute of Technology, Tamil Nadu, and an MCA from the National Institute of Technology in Tiruchirappalli.
Natarajan Chandrasekaran: Biography
Name
Natarajan Chandrasekaran
Born
June 1963
Nationality
Indian
Residence
Namakkal, Tamil Nadu
Education
Coimbatore Institute of Technology National Institute of Technology, Tiruchirappalli
Profession
Businessman
Title
Chairman of Tata Sons and Group, Board Member of Tata Sons, Board Member of IIM Lucknow
Chandrasekaran has been working for TCS since 1987 and was appointed CEO in the year 2009. He is also a life member of IEEE, Senior Member, and Computer Society of India. In the year 1987, he was associated with TCS where his career shot up from COO to executive director, and even climbed up to the level of CEO in 2009.
Some other memberships include being an associate member of the Institute of Electrical and Electronics Engineers, a member of the British Computer Society, and of course Computer Society of India.
Chandrasekaran is born into a Hindu Tamilian family in Mohanur, Tamil Nadu, India. At present, he is living with his wife Lalitha in Mumbai. He is a marathoner with his personal best in the TCS New York City Marathon of the year 2014 within 5 hours 00 mins 52 secs.
The couple is quite private and has low public profiles, especially on matters of family. He is very spiritual and has undertaken the Char Dham Yatra multiple times. Although he has a very high-profile career, he is known for his simple life and his focus on work-life balance.
We observe the strategic step by Chandrasekaran in 2016 in taking over the Chairmanship of Tata Sons by vote of the board which had voted to remove Cyrus Mistry. NCLAT pronounced its verdict on Tata Sons in 2018 following a case initiated by Cyrus Mistry in 2016 who two months after his removal as Chairman raised allegations of mismanagement against Tata Sons. In 2019, the Tribunal restored Mistry as Chairperson to complete his remaining term.
In January 2020, Tata Sons presented an appeal to the Supreme Court of India against the judgment given by NCLAT. Mistry said that he was willing to continue as a non-executive member of the board but not return as the Chairperson.
Chandrasekaran is the first Chairman of Tata Sons, who is not from the Tata family, nor even Parsi. Some of the most memorable events of his tenure are:
Tata Group took over Air India in 2022. It has been given the final task of the modernization and rebuilding of an airline that has become drowned in mountains of debt through five decades of mismanagement.
By the fiscal year 2022-2023, Tata Group’s revenues collectively stood at $150 billion.
Renovated the iconic Tata headquarters – Bombay House. He also addressed the concerns of Ratan Tata about the well-being of stray dogs living in the building.
Led the company to provide more online products and embedding AI into internal processes
The passing of Ratan Tata on October 9, 2024, at the age of 86, has left India in deep mourning. He passed away due to health complications in Mumbai’s Breach Candy Hospital, leaving behind an extraordinary legacy.
It is obvious that there are hardly any Indians who have not benefitted from his work. Very few humans create such a great impact in the lives of millions. Let’s dive into the life and story of this incredible human, who not only helped grow the Tata Group into a global company but also showed great kindness and dedication to social causes.
Ratan Tata – Biography
Name
Ratan Naval Tata
Birth
December 28, 1937
Place of Birth
Mumbai, India
Education
Cornell University (Bachelors in Architecture) Harvard Business School (Advanced Management Program)
Ratan Naval Tata was born on December 28, 1937, into the distinguished Tata family. Despite being born into one of India’s most well-known industrial families, Ratan had a humble and grounded upbringing. After his parents’ separation, he was raised by his grandmother, Lady Navajbai Tata, a key influence in shaping his strong sense of values.
Ratan’s formal education took him overseas. He did his schooling at Campion and then at Cathedral and John Connon in Mumbai. Later, he pursued a degree in Architecture from Cornell University. His time at Cornell was crucial, helping him develop a unique way of thinking. He learned to combine creativity with practical problem-solving, which would later define his approach to business.
After working with the various branches at Tata, he went on to pursue the Advanced Management Program at Harvard Business School and completed it in 1975.
Ratan Tata – Career
Ratan Tata began his career in 1962, on the shop floor of the plant of Tata Engineering and Locomotive Company in Jamshedpur, where he worked alongside blue-collar workers, learning the ropes of the business from the ground up. His modest entry into the family business is a testament to his character. He didn’t simply rely on his family’s name but instead chose to work his way up, proving his mettle.
After passing his years in diligent learning, collecting experiences, and handling responsibilities at various parts of the Tata Group, he went on to take up the greatest responsibility of his career.
In 1991, he took over as the Chairman of Tata Sons, succeeding the legendary J.R.D. Tata. It was a challenging time for India, with economic liberalization just beginning. However, Ratan Tata was quick to recognize the changing tides and led the Tata Group through a series of strategic global acquisitions, including Tetley Tea, Jaguar Land Rover, and Corus Steel. These moves not only expanded Tata’s footprint globally but also transformed it into a truly international conglomerate.
Despite his towering presence in the business world, Ratan Tata remained a private person. He never married, choosing instead to dedicate his life to his work and philanthropy. Known for his humility and grounded nature, he always sought to keep a low profile, often steering clear of the limelight despite his immense popularity.
He was also known for his love for cars, aviation, and architecture—interests that reflected his versatile personality. He was an avid pilot and continued to fly well into his 70s. Tata’s love for flying extended beyond civilian aircraft. In 2007, at 69 years old, hemade history by flying an F-16 fighter jet at the Bengaluru Aero event, becoming the oldest Indian to pilot an F-16. His passion for architecture stayed with him, and he remained involved in the field, even serving on the jury of the prestigious Pritzker Architecture Prize from 2014 to 2019.
Ratan Tata – Key Milestones
Under Ratan Tata’s leadership, the Tata Group achieved significant milestones. One of the most notable was the launch of the Tata Nano, the world’s cheapest car, aimed at providing affordable transportation to millions of Indians. Although the car did not succeed commercially, it was a testament to Tata’s vision of making products that would benefit the common man.
He also played a key role in acquiring several international brands, making Tata Group a global entity. His leadership brought Tata Consultancy Services (TCS) to the forefront of the IT industry, making it one of the most valuable IT companies in the world.
Tata’s decision to retire in 2012 marked the end of an era. However, even after stepping down as chairman, he continued to serve as the Chairman Emeritus and remained deeply involved in various philanthropic activities through the Tata Trusts.
Ratan Tata’s legacy isn’t just confined to the boardroom. His contributions to philanthropy have left a permanent mark on India. He was known for his deep commitment to causes such as education, healthcare, and rural development. Under his leadership, Tata Trusts became one of the largest and most active philanthropic organizations in India.
His love for the welfare of his employees was very evident during the 26/11 Mumbai terror attacks. After the attacks, Tata personally visited the families of those affected, ensuring they received the support they needed.
He was also a firm believer in promoting education. His generous donations to institutions like Cornell University and the Tata Institute of Social Sciences helped in shaping future generations.
He was instrumental in setting up the Tata-Cornell Institute for Agriculture and Nutrition, which focuses on reducing poverty and improving nutrition in India and beyond.
His compassion extended beyond just humans; he was known for his love for animals, especially the stray dogs he looked after at the Tata headquarters in Mumbai.
He once said,
💡
One day you will realize that material things mean nothing. All that matters is the well-being of the people you love.
Ratan Tata – Love From the People
Ratan Tata was often seen interacting with employees, whether on the factory floor or at the office, listening to their concerns and sharing their joys.
His widespread popularity stemmed not just from his role as an industrial titan, but from his genuine kindness and deep empathy for everyone around him.
One major factor that sets him apart from others is his humility and sense of compassion towards others. Even though he was one of the most powerful industrialists in India, that did not create any impact on his simplicity and genuine concern for others.
That’s the reason his death has created such a wave of grief & sadness among the millions of Indians.
Ratan Tata – Awards
Ratan Tata Honored with Padma Vibhushan and Padma Bhushan
Among the major recognitions and awards that Ratan has received, the most prestigious one is the Padma Vibhushan, the country’s second-highest civilian honor, which the Government of India awarded him in 2008. Other key honors include the Order of Australia (2023), Assam Baibhav (2021), Honorary Knight Grand Cross of the Order of the British Empire (2014), Maharashtra Bhushan (2006), and Padma Bhushan (2000).
Ratan Tata – Best Quotes
Take the stones people throw at you, and use them to build a monument.
I don’t believe in making the right decisions. I take decisions and then make them right.
I don’t believe in work-life balance. I believe in work-life integration. Make your work and life meaningful.
A Legacy to Remember
Ratan Tata’s passing marks the end of an era for India. As tributes pour in from across the world, it is clear that his legacy is not just one of corporate success, but of kindness, vision, and an unwavering commitment to making the world a better place.
His contributions to both business and society will continue to inspire generations to come. Ratan Tata may have left us, but his spirit, values, and legacy will endure forever.
FAQs
Who was Ratan Tata?
Ratan Tata was a well-known Indian industrialist and philanthropist. He was Chairman Emeritus of the Tata Group and worked to grow the company globally while supporting education and healthcare initiatives in India.
What’s Ratan Naval Tata date of birth?
Ratan Naval Tata was born on 28 December 1937 in Bombay (now Mumbai).
When did Ratan Tata pass away?
Ratan Tata passed away on October 9, 2024, at the age of 86 due to health complications.
Was Ratan Tata a Padma Vibhushan recipient?
Ratan Tata was awarded the Padma Vibhushan in 2008, which is India’s second-highest civilian honor. He received this award for his exceptional contributions to industry and philanthropy in India.
What was Ratan Tata’s educational background?
Ratan Tata graduated with a degree in Architecture from Cornell University and completed the Advanced Management Program at Harvard Business School.
What are some key Ratan Tata quotes on education?
Some of the prominent Ratan Tata’s quotes on education are:
Don’t educate your children to be rich. Educate them to be happy, so when they grow up, they will know the value of things, not the price.
Your real learning starts now as you go into the real world. The tools have been given to you, but what you make in life is what you do after you graduate.
Tata Group is an Indian global aggregate holding organization headquartered in Mumbai, India. Established in 1868 by Jamsetji Tata, the organization increased worldwide acknowledgment in the wake of acquiring a few global companies. Perhaps the biggest aggregate, TataGroup is claimed by Tata Sons.
Each Tata organization works autonomously under the direction and supervision of its directorate and investors. Noteworthy Tata’s organizations and backups incorporate Indian Hotels Company, Tata Chemicals, Jaguar Land Rover, Tata Communications, Tata Consultancy Services, Tata Motors, Tata Power, Tata Steel, Voltas, and much more.
Case study of Tata Group, an Indian global aggregate holding organization headquartered in Mumbai, established in 1868 by Jamsetji Tata. Read more about it in detail in this article.
In 1870 with INR 21,000 capital, Jamsetji Tata founded an exchange organization. He purchased a bankrupt oil plant at Chinchpokli and transformed it into a cotton plant under the name Alexandra Mill which he sold for a profit after 2 years. In 1874, he set up another cotton factory at Nagpur named Empress Mill.
His aim was to accomplish 4 main objectives: setting up an iron & steel organization, an exceptional inn, a world-class learning establishment, and a hydroelectric plant. During his lifetime, the Taj Mahal Hotel at Colaba waterfront was opened in 1903, making it the first in power in quite a while.
After Jamsetji’s passing, Dorabji Tata, his son, became the Chairman in 1904. Sir Dorabji built up the Tata Iron and Steel organization (TISCO), presently known as Tata Steel, in 1907. Denoting the gathering’s worldwide aspirations, Tata Limited opened its first overseas office in London. Soon as per Jamsetiji’s wish, Western India’s first hydro plant was set up and the Indian Institute of Science was also set up in 1911.
JRD Tata was crowned Chairman of Tata Group in 1938. Under his chairmanship, the benefits of the Tata Group developed from $100 million to over $5 billion. When he took over TATA, it had 14 undertakings, but in 1988 Tata Sons had developed into a combination of 95 endeavors. These endeavors comprised adventures that the organization had either begun or held controlling interests in.
In 1952, JRD established an airline, known as Tata Air Services (later renamed Tata Airlines). In 1953, the Government of India passed the Air Corporations Act and acquired a larger part stake in the transporter from Tata Sons; however, JRD Tata would continue as Chairman till 1977.
In 1945, Tata Motors was established and was first centered around trains. In 1954, it entered the business vehicle showcase in the wake of shaping a joint endeavor with Daimler-Benz. In 1968, Tata Consultancy Services was established.
In 1991, Ratan Tata was crowned Chairman of Tata Group. This was additionally the time of financial advancement in India, opening up the market to remote contenders. During this time, Tata Group started to obtain various organizations like Tetley (2000), Corus Group (2007), and Jaguar & Land Rover (2008). In 2017, Natarajan Chandrasekaran was named administrator.
Tata Group Companies
List of the Tata Group’s Chairmen from 1868 to Present
The Tata Group is considered India’s number one conglomerate multinational company with its headquarters situated in Mumbai. The company is known to be in business for more than 150 years of service and its products are widely spread across multiple fields.
The company is known to provide services in more than 150 countries and covers about six continents. Since the time of its service, there have been several chairmen noted to work for Tata Group. The list of Tata Group’s Chairman is given below:
Jamsetji Tata 1868 – 1904
Jamsedji Tata 1868 – 1904
Born on 3 March 1839, Jamsetji Tata was an Indian Pioneer and the founder of today India’s biggest group of companies called Tata Group. He was the first Chairman of the firm and remained in the same post till 1904.
Sir Jamsetji Tata is honored with many titles and awards. He was given the honorary tag of “Father of Indian Industry”. He was also ranked first in the list of “Hurun Philanthropists of the Century (2021)”. Sir Jamsetji Tata left the world on 19 May 1904, at the age of 65.
Sir Dorabji Tata 1904 – 1932
Sir Dorabji Tata 1904 – 1932
Born on 27 August 1859, Sir Dorabji Tata was the eldest son of Sir Jamsedji Tata and the second chairman of the Tata Group. He died in 1932 giving rise to the third chairman of the Tata Group.
Sir Dorabji Tata played an essential role in forming and maintaining the Tata group of industries during the British era. The prime focus of Sir Dorabji Tata was to fulfill the dream left by Sir Jamsedji Tata and establish the modern iron and steel industry.
Sir Dorabji Tata was the first president of the Indian Olympic Association. He was also acknowledged by the Britishers. In 1910, Dorabji Tata was knighted by Edward Vll to be referred to as Sir Dorabji Tata.
Sir Nowroji Saklatwala 1932 – 1938
Sir Nowroji Saklatwala 1932 – 1938
Born on 10 September 1875, Sir Nowroji Saklatwala was the third chairman of the Indian multinational conglomerate Tata Group. Unlike the previous two chairmen, he was just a mere employee and an apprentice of the Tata Group.
He made his way up from an employee to Chairman and remained in the same post till his sudden death due to heart failure in 1938. Sir Nowroji Saklatwala introduced many schemes and facilities for the employees and always worked well for the welfare of the employees.
JRD Tata 1938 – 1991
JRD Tata 1938 – 1991
Born on 29th July 1904, Jehangir Ratanji Dadabhoy Tata was the fourth chairman of the Tata Group. He was the second child of Ratanji Dadabhoy Tata, the cousin of Jamsedji Tata. JRD is the only chairman of Tata Group who has served for more than 50 years. JRD Tata was also the first Indian to be granted a commercial pilot license.
And owing to his interest in the aviation industry, JRD Tata established Tata Aviation Services. He made many contributions to the company and was also acknowledged for his efforts. JD Tata is also the owner of the Padma Vibhushan and the Bharat Ratna awards. After two years of resigning as the chairman of Tata Group, Sir JRD Tata died on 29 November 1993.
Ratan Tata 1991 – 2012, 2016 – 17
Ratan Tata 1991 – 2012, 2016 – 17
Born on 28 December 1937, Ratan Naval Tata was the fifth chairman of the Tata Group. Ratan Tata was the son of a Naval Tata. Naval Tata was the adopted son of the sir Jamsedji Tata. Ratan Tata started as an assistant in the Tata Group and made his way up to the fifth chairman of the company.
Ratan Tata was appointed as the chairman of the company in 1990 and remained in the same post till 2012. He was again known to serve the Tata Group as an interim chairman for the period between October 2016 and February 2017.
Ratan Tata had contributed to shaping the firm from the time he was appointed as the chairman, the Tata Group was in a chaotic form. Under the guidance of Sir Ratan Tata, the company flourished again. Ratan Tata is also the holder of many awards like the Padma Bhushan (2000) and Padma Vibhushan(2008).
Ratan Tata passed away on October 9, 2024, at the age of 86. He had been admitted to the Hospital due to age-related health issues and to manage his blood pressure.
Born on 4 July 1968, Cyrus Pallonji Mistry was the sixth chairman of the Tata Group and also the second chairman in consideration to not bear the tag of “Tata” in their surname. Cyrus Mistry joined the Tata Group as a board member and was soon elected as the chairman of Tata Group in 2012.
However, just after four years of chairmanship, he was removed from the position of chairman by the board of members. The prime reason behind his removal has many debates on the topic. It is stated that Cyrus Mistry did not acknowledge the history of the Tata Group and was keen on developing the firm in his way.
There were also reports stating that Cyrus Mistry filed a case against Tata’s heads for oppressing the interest of small stakeholders. The issue between Cyrus Mistry and Ratan Tata was taken to the legal procedures where on 26th March 2021, the Supreme Court of India ruled out the decision in favor of Ratan Tata and dismissed the rumors of Cyrus Mistry being reinstated as the group chairman.
Irrespective of the ups and downs faced by Cyrus Mistry, he was categorized as the most important industrialist in both India and Britain in the year 2013 in an article published by the Economist. Unfortunately, on 04 September 2022, Cyrus Mistry died in a road accident in Maharashtra.
Natarajan Chandrasekaran 2017- Present
Natarajan Chandrasekaran 2017- Present
Born on 2 June 1963, Natarajan Chandrasekaran is the seventh and the current chairman of the Tata Group. He is the only chairman in the history of the Tata Group who is a non-Parsi and professional executive. He was previously working as the chief operating officer and chief executing officer of the Tata consultancy services.
The journey of Natarajan Chandrasekaran as the chairman of the Tata Group is not a smooth one. In the year, 2019, the National Company Law Appellate Tribunal (NCLAT) held his position as chairmanship illegal and gave the order to restore Cyrus Mistry as the Executive Chairman. Yet again in 2020, the Supreme Court of India overruled the decision of NCLAT. Natarajan Chandrasekaran is still known to work as the Chairman of the Tata Group.
The Tata Business Excellence Model (TBEM) is an altered adaptation of the internationally famous Malcolm Baldrige Model. TBEM is utilized by the Tata business group to remain in step with the regularly changing business conditions.
TBEM focuses on seven central activities: administration, key arranging, client and market center, estimation, examination and learning of the executives, human asset center, processing of the board, and the business results. Execution is estimated in outright focuses, and organizations need to accomplish at least 500 (out of 1,000) within four years of consenting to the BEBP arrangement.
Accomplishments are granted by acknowledgment over the group. TQMS helps Tata’s business organizations utilize the model to pick up bits of knowledge on their business qualities and open doors for development. This is overseen through a yearly procedure of appraisal and affirmation.
TBEM Criteria Purpose
Tata Business Excellence Model (TBEM) is the reason for leading authoritative evaluations and for offering input to candidates. Moreover, the TBEM criteria have three significant jobs in reinforcing aggressiveness:
To help improve authoritative execution practices, abilities, and results.
To encourage correspondence and sharing of best practices among associations of various kinds.
To fill in as a working apparatus for comprehension, overseeing execution, and directing hierarchical arranging and open doors for learning.
TBEM-based performance excellence goals.
TBEM Criteria are intended to enable associations to utilize a coordinated way to deal with hierarchical execution.
Conveyance of regularly improving an incentive to clients and partners; adds to hierarchical maintainability.
Improvement of by and large authoritative viability and capacities.
Hierarchical and individual learning.
The Role of core values and concepts.
Leadership
The administration tends to observe how your senior heads manage and support your association and set an authoritative vision, qualities, and execution desires. Consideration is given to how your senior chiefs speak with your workforce, create future pioneers, measure hierarchical execution, and make a domain that energizes moral conduct and elite.
The category additionally incorporates your association’s administration framework and how it guarantees moral conduct and practices great citizenship.
Strategic Planning
Vital planning leads to activity arranging, sending of plans, how satisfactory assets are guaranteed to achieve the plans, how plans are changed if conditions require a change, and how achievements are estimated and supported.
The strategic planning category focuses on long-haul authoritative support. While numerous associations are progressively capable of vital arranging, plan execution is a noteworthy test.
This is particularly obvious given market requests to be spry and to be set up for sudden change, for example, troublesome innovations that can disturb a generally quick-paced yet increasingly unsurprising commercial center. This category features the need to put an emphasis on building up your arrangements as well as on your capacity to execute them.
Customer And Market Focus
Client and market focus caters to how your association tries to comprehend the voice of the client and of the commercial center with attention to fulfilling clients’ necessities, needs, and desires, enchanting clients, and building steadfastness. The category stresses connections as a significant piece of a general tuning, learning, and execution greatness technique.
Your consumer loyalty and disappointment results give indispensable data to understanding your clients and the commercial center. Much of the time, such outcomes and patterns give the most significant data on your clients’ perspectives as well as on their commercial center practices (e.g., rehash business and positive referrals), and how these perspectives and practices may add to the manageability of your association in the commercial center.
Measurement, Analysis, And Knowledge Management
The Measurement, analysis, and knowledge management category is the primary concern inside the criteria for key data about successfully estimating, investigating, improving execution, and overseeing authoritative information to drive improvement and hierarchical intensity.
In the least complex terms, category 4 is the “mind focus” for the arrangement of your association’s activities with its vital goals. Fundamental to such utilization of information and data is their quality and accessibility.
Workforce Focus
Workforce focus caters to key workforce rehearses coordinated towards making and keeping up an elite working environment and towards drawing in the workforce to empower it. It also deals with the way in which the association adjusts to change and succeeds.
The category covers workforce commitment, improvement, and the board in a coordinated way (i.e., lined up with your association’s vital targets and activity plans). To fortify the essential arrangement of the workforce, this criteria additionally covers human asset arranging as a major aspect of the strategic planning category.
Tata Company’s Main Business Sectors
Process Management
Procedure Management is the point of convergence inside the Criteria for your key work frameworks and works forms. Incorporated with the category are the focal necessities for recognizable proof and your abilities to accomplish productive and powerful work process administration, successful structure, a counteractive action direction, linkage to clients, providers, accomplices, and colleagues, and an emphasis on esteem creation for every single key partner, operational execution, process duration, crisis availability, assessment, ceaseless improvement, and authoritative learning. Dexterity, cost decrease, and process duration decrease are progressively significant in all parts of the procedure.
In straightforward terms, “deftness” alludes to your capacity to adjust rapidly, deftly, and successfully to evolving prerequisites. Contingent upon the idea of your association’s methodology and markets, readiness may mean quick change starting with one item and then onto the next, fast reaction to evolving requests, or the capacity to deliver a wide scope of tweaked administrations.
Readiness likewise progressively includes choices to redistribute, concurrences with key providers, and novel courses of action. Adaptability may request unique procedures, for example, executing particular structures, sharing segments, sharing assembling lines, or giving specific preparation.
Cost and process duration decrease frequently including Lean procedure the board systems. It is essential to use key measures for following all parts of your general procedure.
Business Results
The resulting category gives outcomes that include your target assessment and your clients’ assessment of your association’s items and administrations, your general money-related and showcase execution, workforce results, initiative framework, social duty results, and the consequences of every single key procedure and procedure improvement exercise.
Through this center, the Criteria’s motivations: prevalent estimation of contributions as seen by your clients and the commercial center, unrivaled hierarchical execution as reflected in your operational, workforce, lawful, moral, and monetary pointers, and authoritative and individual learning are kept up.
Classification 7 in this way gives “constant” data (proportions of progress) for assessment and improvement of procedures, items, and administrations in arrangement with your general authoritative technique.
The organization emphasizes the 4Ps (Product, Price, Place, Promotion) which exude Tata Group’s advertising methodology.
Product
Tata Group Products
The item procedure and blend in Tata Group’s promoting technique can be clarified as pursues. Tata Group is one of the main aggregates in India. Tata Group has its essence in a few enterprises and has units spread over the world. The Tata gathering is into the following business verticals:
Communication and ITeS: Tata Communications, Tata Teleservices, Tata Consultancy Services, Tata Elxsi, and Tata Interactive Services.
Consumer and Retail: Tata Sky, Titan, Landmark, Infiniti Retail, and Casa Decor.
Defense and Aerospace: Tata Advanced Materials, Tata Industrial Services, Tata Technologies, and Tata Manufacturing Services.
Realty and Infrastructure: Tata Power, Tata Housing Development Company, Tata Consulting Engineers, Tata Power Solar, and Voltas.
Financial Services: Tata AIA Life Insurance, Tata AIG General Insurance, Tata Capital, and Tata Investment Corporation.
Manufacturing: Tata Chemicals, Jaguar Land Rover, Tata Steel, Tata Motors, and Tata Daewoo Commercial Vehicle Company.
Services: Tata SIA Airlines – Vistara, Tata Services, Tata Technologies, Taj Air, TM International Logistics, and Tata Global Beverages.
This rundown isn’t comprehensive. It has more than seventy brands which take into account twenty-eight separate businesses.
Price
All organizations of the Tata gathering capacity function autonomously. Each of these organizations is one of a kind and particular from one another. In this way, the estimating technique in its promoting blend pursued by these individual organizations differs as they are all in various ventures confronting diverse financial variables, capital, scale, and so on.
Which TATA Company Earns the Most
Place
Tata gathering is available in more than eighty-five nations more than six landmasses. The gathering has developed to a tremendous scale all-inclusive. The greater part of its organizations are forward-thinking and give benefits on cell phones and hold a decent nearness on the web.
Promotion
The free organizations under the Tata brand advance their image (and their own identity) through individual promoting plans. Tata’s administrations and customer items are known to utilize big names like Titan, Taj Hotels, and so forth. Print media is additionally utilized widely by organizations like Tata Steel and Tata Motors.
Organizations like that of Guard and Consultancy are more B2B in nature; they don’t enjoy mass advancements. Since this is a helpful showcasing of the brand, here are the other three Ps that form the 7Ps advertising blend of Tata Group.
People
The Tata bunch all in all utilizes 6,60,800 representatives. The Tata Group itself is possessed by Tata Sons. The Tata Quality Management Services part is responsible for managing the quality administration branch of more than a hundred autonomous organizations to guarantee primary quality principles as the Tata gathering remains the mainstay of value and trust.
Physical Evidence
The sheer size of the Tata gathering is proof of it being a seething achievement and market pioneer. Tata Gathering’s business sector top is 7.2% of the all-out market top of BSE.
Procedure
The Tata gathering strategizes to develop by securing mergers around the world and incrementing its topographical limits. The gathering likewise targets obtaining the wellsprings of crude material.
For setting, the Tata gathering has profound enthusiasm for getting steel plants all over the globe with the goal that it can give steel at any rate to its car organization, subsequently disposing of the issue of the store network and profiting from the economies of owing the wellspring of crude material.
It has in the past procured misfortune by acquiring worldwide mammoths like Tetley tea, Land Rover, and Jaguar. Henceforth, this finishes up the promoting blend of Tata Group aggregate.
In a nutshell, one can say that the “Tata group” is one of the most inspiring idols for new entrepreneurs. Tata Company is one of the pride of India and a shining example of success for younger business climbers.
There are many new examples set by Tata Group in front of the World. The above article contains the company details with its basic information like marketing strategy, business model, list of chairmen, etc.
FAQs
Who is the founder of Tata Group?
Jamsetji Tata is the founder of Tata Group.
Why is Tata Group Successful?
Tata Group abides by its mission and works on ethics. Many competitors of Tata Group are publicly owned firms, whereas Tata is a family business that now has grown into a big multinational conglomerate. Its success lies in its core values and an undefeated business model.
What are the 5 Tata values?
Tata Group is driven by 5 major values. They are integrity, responsibility, excellence, pioneering, and unity.
Which company is the most profitable in the Tata group?
As per the report, Tata Consultancy is the most profitable company in the Tata Group in 2023.
Why is Ratan Tata an inspiration?
Ratan Tata has set many examples for the young generation to look at and learn. The prime reason behind Ratana Tata being an inspiration is that he is a combination of an excellent businessman and a great human being.
What is Tata’s first business?
Jamsetji Tata started the business in 1868 as a commerce company and later expanded into other industries.
There is hardly anyone in India, who doesn’t know Ratan Tata. Ratan Tata is a well-known and one of the most respected and influential businessmen in the country. He was the former chairman of Tata Sons. He is known for his simple lifestyle and has contributed to the growth of TaTa Group immensely.
From the moment Ratan Tata resigned as the chairman of Tata groups on his 75th birthday, he has been looking out for interesting start-ups to invest in. Ratan Tata has always been a philanthropist and has provided innumerable contributions to various charities throughout his lifetime.
With his new look into the developing startup culture in India, various small start-ups have enquired about how to seek Ratan Tata for investment opportunities. Hundreds of small companies with innovative ideas seek the assistance of the Tata trust for a chance to develop their idea into full-fledged companies. In this article, we will talk about how to raise funds from Ratan Tata. So, let’s take a look at them.
Why Do Startups Look for the Support of Ratan Tata?
The basic reason for any startup to look for big investors is to source funds for their day-to-day activities and also to offer scalability for their products or services. But with the former chairman of Tata groups backing a company for investment, there is something more than just money that the company gets.
The trust and confidence of the people and other investors is the major gain the company gets when it is backed by Tata groups. This provides the company with a unique endorsement that sets it apart from its peers in the same field. It also gives enough traction and publicity for the business without any spending on the promotion of its products or services.
The last and most important part of it is the experience that one gets from the suggestions provided by the former chairman of Tata groups. As it rubs off, the company can look for guidance from the industry giant which gives them a huge leap in business.
There are a few ways that can be used to gain the attention of Ratan Tata regarding investment opportunities. Some of the classical ways are as follows:
1. The easiest way to connect with Ratan Tata would be to speak with someone from Tata Trust that is in charge of dealing with requests for investments. This way can take a long time to get a reply and the process is tedious.
2. The next way would be to use a formally edited e-mail stating the purpose of the mail. It is also necessary to ensure that the idea or request can be clearly understood so that it can be forwarded to Ratan Tata himself if it is worth his time. Some of the e-mail addresses that can be corresponded to are srtt- @tatatrusts.org, rntata@tata.com, rnt@tata.com, or talktous@tatatrusts.org.
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3. Alternatively, contacting Venkatramanan from Tata Trust would give a chance to meet Ratan Tata for presenting the idea. This idea is better and also more professional as all proposals are directed to him before shortlisting the ideas that are worth mentioning to Ratan Tata.
4. The best way to get in touch with the former Tata group chairman would be to write a letter explaining the idea and reasons for seeking investment. Talking about the risks and the opportunities that the idea provides will provide an edge over the thousands of ideas that are directed at him for investment. Since Ratan Tata is a simplistic, down-to-earth person, writing a letter also appeals to the approach. He is one of the popular Angel investors for a reason.
Industries That Have Received Investment From Tata Trusts
Few Companies funded by Ratan Tata
Tata groups have never been confined to one sector or industry under the guidance of Ratan Tata as chairman of the group. The same is followed by the Indian industry giant when he invests in startups and companies. The investment portfolio is never limited to just the tech industry. He looks into ideas that improve the standard of life or provide services that lead to new solutions for existing problems.
Let us take a look at the different companies in each industry that have received backing from the former chairman of Tata groups.
E-commerce
The e-commerce industry is the fastest growing technology-based industry since 2005. The business ideas that received backing from Mr Tata in the e-commerce sector are Snapdeal, Urban Ladder, CarDekho, Paytm, Bluestone, Firstcry, and Zivame. All of these companies were backed by Tata trusts between 2014 and 2016.
Digital Payments
Payment gateways are an important part of any online business nowadays. So, innovative ideas in this field were also backed by Tata groups since 2015. The US-based digital payment transfer company Abra and the Indian cashback and coupon site Cashkaro were the 2 companies supported by Tata in this sector.
On-Demand services
The use of On-demand services has become extensive and is growing more each day due to the busy work schedules of people. Ratan Tata has not left a stone unturned even in this sector. Popular companies like Ola and UrbanClap were once start-ups that were backed by Ratan Tata. Holachef is also a start-up that was supported by Tata Trust way back in 2015 when food-tech startups were emerging in the Indian Market.
Electricals
The Coimbatore-based company Ampere received funding from Tata Trusts in 2015. The company manufactures e-cycles, e-scooters, and special purpose waste management vehicles for the government. Various companies in other sectors and industries like Mobile Tech, Media, Healthcare, etc. also received funding and investment opportunities from the Tata Group.
Conclusion
The most important factor that is needed for the survival of a startup is funds. One can look for investors to invest in their business. Ratan Tata with enthusiasm invested in startups and small businesses that look promising. Through Ratan Tata, you not only get funds for your startups but also it brings a good reputation and somewhat creates a hood image of your company.
FAQs
Who is Ratan Tata?
Ratan Tata is an Indian Businessman and was the former chairman of Tata Sons.
Does Ratan Tata invest on Startups?
Ratan has invested in over 3o startups till now and is known for his generosity.
Today, Ratan Tata needs no introduction as he is the most respected business tycoon in India. He is an Indian industrialist, philanthropist, former chairman of Tata Group and Tata Sons. Post his retirement in 2012 he has turned into an avid angel investor who has left an everlasting impact. He is well-known for investing in some of the most successful startups today.
So far, Ratan Tata has invested in over two dozen startups, including top unicorns of India, like furniture e-tailer Urban Ladder, digital payments app Paytm, ride-hailing company Ola and its electric vehicle arm Ola Electric Mobility, Cure.fit, Urban Ladder, etc. His investment may only be a few million dollars, according to industry sources, but what’s invaluable is having the 81-year-old tycoon’s name attached to a young startup.
So, how Ratan Tata: the accidental startup investor turned into an avid angel investor? Let’s take a look.
Name
Ratan Tata
Born
Surat, India
Age
82
Citizenship
Indian
Education
Cornell University College of Architecture, Harvard Business School
Title
Indian Industrialist, Philanthropist, and a Former chairman of Tata Sons
Occupation
Businessman
Net Worth
Rs. 6396 Crore
Awards
CNN-IBN Indian of the Year in Business, Padma Bhushan, Padma Vibhushan
First Investment made by Ratan Tata
The 81-year-old also said that he became a startup investor by accident. He added that he used to look at the sector as exciting always but somewhat untouchable. Tata further mentioned that with two-three years into the sector, it has become a learning experience for him as he got to learn many aspects regarding investment in startups.
The business magnate, better known as the ”Accidental Startup Investor”, was always interested in the startup ecosystem. He mentioned that his tenure as the chairman of Tata Group as this sector meant conflicts if he would take up any entrepreneurial assignment. But once Mr. Tata retired, he wasted no time in becoming a full-time investor through his private investment vehicle—RNT Associates.
Ratan Tata said that when he retired, at first he started making small token investments in what he considered exciting companies. He admitted that in the beginning, he intended to take some more risks than he might have taken under different circumstances. With two-three years into this, it became a learning experience, as this sector is very active and has the best minds.
The first investment he made was in Snapdeal in 2014 which yielded great results. The CEO of Snapdeal, Kunal Bahl, has high regards for Ratan Tata and considers him to be a lucky charm for Snapdeal. He is believed to have bought a 0.17% stake in Snapdeal in August 2014, when he invested less than Rs 5 crore. Tata bought 256 shares from the e-commerce company’s angel investors, including Kenneth Glass.
Other Investments made by Ratan Tata
Following this, he has invested in 31 startups. After Snapdeal, the online furniture retailer Urban Ladder secured funding from Ratan Tata in November 2015. It was Tata’s second personal investment in an e-commerce firm. It is a popular furniture selling platform based in Bengaluru. It is currently present in 12 cities around India.
Paytm, a Noida-based digital-payments company saw an overnight jump in subscribers by millions, after Demonetization of announced by the government on November 8, 2018. The company had secured an undisclosed amount of funding from Ratan Tata in March 2015. Tata bought a stake in One97 Communications, the parent company of Paytm.
Ola Cabs is India’s answer to Uber. Much like Uber, Ola provides cab services across all price segments, ranging from economic to luxury. Beginning its operations in 2010, Ola secured funding from Ratan Tata in July 2015.
Ratan Tata is the first Indian to buy a stake in Chinese tech giant Xiaomi best known for its affordable smartphones. It’s true, the amount Tata invested in Xiaomi was not disclosed. Similarly, services marketplace UrbanClap raised an undisclosed amount in funding from Ratan Tata in December 2015. In April 2016, Lenskart, the popular online retailer that sells eyewear secured funding from Tata.
Ratan Tata has invested in More than 30 Start-ups
Tata, while referring to the growth of budding startups said, “We are looking at the India of tomorrow and the day after, and the start-up industry is entering the global field in a manner where competition is open. The fact is we (Indians) are entrepreneurs at heart. Maybe what we need is the opportunity to flourish and I think the startup industry is doing just that.”
Ratan N. Tata has invested in over 30 startups. Among these, there are several technology-based startups too. Tata has made all these investments in his personal capacity. Ratan Tata has not restricted himself to a sector and stepped into a variety of diverse strata, be it clothing, weather, pet care services, etc., but technology catches his attention.
He holds the view that technology can be applied and used in any sector and the future is all about technology. He has recently invested in Tork Motors and Ola Electric. Ratan Tata has been supporting Ola since 2015. He openly expresses his excitement of participating in new areas and encourages young minds to search for domains yet to be explored.
Ratan Tata believes startups should get funded by Indian investors. According to him, the startup sector is growing rapidly with the best of minds involved in it. He regrets seeing such companies having great potential that could add value to the Indian economy but being bound to foreign authorities. Thus, Tata finds it unfortunate that founders get driven by foreign investments in the hope of an eventual acquisition by a larger entity.
He tells his decisions are intuition-driven, but the steps he has taken by now proves his intuitions are calculated risk oriented. He prefers getting into conversation with founders, analyze their personality, skills, their maturity, and the seriousness and most importantly, their zeal and dedication.
And like any other investor, he judges the future scope of pitched ideas. Tata has told in his case selection is more by intuition than by numbers. He further revealed that judging the intent of the founders and their seriousness influenced him more than any other factor.
How to Approach Ratan Tata for Investment?
Is Approaching Ratan Tata Difficult? As a matter of fact, its not. He is as approachable as any other investor. A few things to keep in mind if you plan to seek investment from the business tycoon:
Your idea should be unique and hold great potential.
The startup should have begun its operations, at least on a small-scale.
Tangible feedback on the startup and its product or service is a must. Remember, Ola got funding from RNT Associates 5 years after it began.
He is a man of experience, so it is advisable to be realistic and honest. Sniffing out non-sense is easy for him.
Being a personal investor, he prefers keeping the details of his investment private. He hates it when the media makes such information public. You will find it difficult to find the exact amount of his investments online, even when it comes to the biggest players he’s backing.
When asked what makes a good entrepreneur, he told what probably drives an entrepreneur to start a business is the fire in his belly that there is a better way to do something that has been done or a good opportunity to make a difference because something has not been explored well enough. And the confidence of staying with it is deciding factor of a good entrepreneurs. This is one thing to keep in mind while approaching Ratan Tata for investment.
Nitin Konde
