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Timeline of Tata Group

59 bytes removed, 05:51, 24 November 2019
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| 2006 || May || Facility launch || {{w|Tata Motors}} announces [[w:Tata Nano|Nano]] car plant at {{w|Singur}} in {{w|West Bengal}}.<ref name="dfrd">{{cite web |title=Singur land acquisition issue: A timeline |url=https://www.thehindu.com/news/national/other-states/Singur-land-acquisition-issue-A-timeline/article14599981.ece |website=thehindu.com |accessdate=16 November 2019}}</ref> The plant is announced on 997 acres of multi-crop farmland forcibly acquired through {{w|eminend tomain}} by the ruling party under the colonial Land Acquisition Act 1894. Protests would raise among the local population who depend on agriculture for their livelihood, and also among environmental activists protesting against degradation of fertile land.<ref>{{cite web |title=Singur Tata Nano controversy: How agriculture paid the costliest price for the world's cheapest car |url=https://www.newindianexpress.com/nation/2016/sep/02/Singur-Tata-Nano-controversy-How-agriculture-paid-the-costliest-price-for-the-worlds-cheapest-car-1515294.html |website=newindianexpress.com |accessdate=16 November 2019}}</ref> || {{w|Automotive industry}} || {{w|Tata Motors}}
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| 2006 || June || Acquisition || [[w:Tata Global Beverages|Tata Tea]] acquires {{w|Eight O'Clock Coffee}} for US$220 millionfrom private equity firm Gryphon Investors.<ref name="Studies in Indian Economy, Volume 2">{{cite book |title=Studies in Indian Economy, Volume 2 |edition=Ed. K.R. Gupta |url=https://books.google.com.ar/books?id=bz4bsgKHlsIC&pg=PR4&lpg=PR4&dq=June+2006+%E2%80%93+Eight+O%27Clock+Coffee,+$220+million&source=bl&ots=D05FBzSxsz&sig=ACfU3U0PSlvcOiVTHcyFjpXjmYXwYW0TVA&hl=en&sa=X&ved=2ahUKEwjIpMCTouPkAhXuH7kGHZRyB88Q6AEwAHoECAkQAQ#v=onepage&q=June%202006%20%E2%80%93%20Eight%20O'Clock%20Coffee%2C%20%24220%20million&f=false}}</ref> "June 2005 - Tata Coffee Ltd. agrees to buy the U.S.-based Eight O’Clock Coffee Company for $220 million from private equity firm Gryphon Investors."<ref name="Tata group's major takeovers abroad"/> || {{w|Coffee}} ||[[w:Tata Global Beverages|Tata Tea]]
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| 2006 || July || Controversy || The {{w|Singur Tata Nano controversy}} begins. Indian politician {{w|Mamata Banerjee}} opposes the [[w:Tata Nano|Nano]] car plant at {{w|Singur}} on fertile land.<ref name="dfrd"/> || {{w|Automotive industry}} || {{w|Tata Motors}}
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