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Jamsetji NusserwanjiTata starts aprivate trading fi rmlaying the foundationof the Tata Group.
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The Central IndiaSpinning, Weavingand ManufacturingCompany is set up,marking the Group’sentry into textiles.
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The Indian Hotels Companyis incorporated to set up theTaj Mahal Palace and Tower,India’s fi rst luxury hotel,which opened in 1903.
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The Tata Iron and SteelCompany is established to setup India’s fi rst iron and steelplant in Jamshedpur, whichstarted production in 1912.
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The fi rst of the threeTata Electric Companies,the Tata Hydro-ElectricPower Supply Company,is set up to generateelectricity.
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The Indian Instituteof Science is establishedin Bengaluru to serveas a centre foradvanced learning.
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Tata Steel introduceseight-hour workingdays, well beforesuch a system wasimplemented bylaw even in mostwestern countries.
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The Tatas enter theconsumer goodssegment asthe Tata Oil MillsCompany is establishedto make soaps,detergents andcooking oils.
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Tata Airlines,a division of Tata Sons,is established, openingup the aviationsector in India.
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Tata Chemicals isestablished.
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Tata Engineering and LocomotiveCompany (renamed TataMotors in 2003) is establishedto manufacture locomotiveand engineering products. Thecompany began manufacturingcommercial vehicles in 1954 in aJV with Daimler Benz.
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Pandit Jawaharlal Nehru,India’s fi rst Prime Minister,requests the Group tomanufacture cosmetics inIndia; and Lakmeis established.
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Tata ConsultancyServices (TCS),India’s fi rst softwareservices company,is established as a divisionof Tata Sons.
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Titan Industries —a joint venture betweenthe Tata Group and theTamil Nadu IndustrialDevelopment Corporation(TIDCO) — is set up tomanufacture watches.
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Tata QualityManagement Servicesinstitutes the JRD QVAward, modelled onthe Malcolm BaldrigeNational QualityValue Award of theUnited States, laying thefoundation of the TataBusiness ExcellenceModel.
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Tata Teleservices Limited(TTSL) is established tospearhead theGroup’s foray into thetelecom sector.
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Tata Indica — India’sfi rst indigenouslydesigned, developedand manufactured car —is launched by Tata Motors,spearheading theGroup’s entry intopassenger cars.
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Tata Tea (since named asTata Global Beverages) acquiresthe Tetley Group, UK,in the first majoracquisition of aninternational brand by an Indian group.
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Tata-AIG — a jointventure betweenthe Tata Group andAmerican InternationalGroup Inc (AIG) —marks the Group’sre-entry into insurance.The Group’s insurancecompany, New IndiaAssurance, was nationalisedin 1956.
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The Tata Group acquires acontrolling stake inVidesh Sanchar NigamLimited (now TataCommunications) — India’sleading internationaltelecommunicationsservice provider. Also Tata Consultancy Services becomes the first Indiansoftware company to cross onebillion
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Tata Motors acquiresthe heavy vehicles unitof Daewoo Motors,South Korea. Also Tata Steel makes its first major overseasinvestment in NatSteelAsia, headquarteredin Singapore. And also Tata Consultancy Services goes public in India's private sector's lar
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Indian Hotels addsNew York's iconichotel, The Pierre, toits portfolio as also itsGinger "Smart Basics"hotels in India. Also Tata CommunicationsacquiresTyco Global Network,making it one of the world's largest providerof submarine cablebandwidth.
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Tata Steel acquiresCorus, the UK-basedsteel company, for$ 12.1 bn, thenthe biggest overseasacquisition by anIndian company.Currently Tata Steel isamong top 10 globalsteel companies withcrude steel productioncapacity of over28 million tonnesper annum.
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Tata Motors acquiresthe Jaguar Land Roverbusinesses from FordMotor Company andunveils the Tata Nano,among the world’scheapest cars.
