Timeline of Tata Group

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This is a timeline of Tata Group.

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21st century "Tata Steel was one of the biggest producers of steel in India after SAIL. Till the earlier 21st century it was not on the top positions in the world of steel in terms of production around the world. The year 2004 and 2005 saw some of the biggest acquisitions made by Tata steel in its history of 100 years."[1]

Full timeline

Year Month and date Category Details
1868 29-year-old Jamsetji Nusserwanji Tata starts the business as a private trading firm trading company with a capital of ₹21,000.[2][3][1]
1869 Jamsetji Nusserwanji Tata moves into textiles, acquiring in Chinchpokli a bankrupt oil mill in the industrial heart of Bombay. Later on the property would be converted into the cotton mill and renamed as Alexandra Mill.[1]
1871 Jamsetji Nusserwanji Tata sells Alexandra Mill for a significant profit to a local cotton merchant.[1]
1874 Jamsetji establishes a textile mill in Nagpur, choosing this city over Bombay, the Indian textile hub. The Empress Mills experiment would prove to be very successful.[3][1]
1877 Jamsetji establishes Empress Mills, the oldest and the largest composite textile mill in India.[4][5]
1886 Empress Mills pioneers employee welfare initiatives, long before they are enacted by law.[3]
1892 Jamsetji establishes the JN Tata Endowment Fund with the purpose to help Indian students pursue higher studies abroad.[3]
1898 Jamsetji opens the Hotel Taj in Mumbai, the first hotel of such standard in India, with German fans and English butlers. This lays the foundation of a multimillionaire venture known to be as Taj Group of hotels.[1]
1902 Subsidiary The Indian Hotels Company is incorporated to commission the Taj Mahal Palace & Tower, the first luxury hotel in India.[2]
1903 December 16 The Taj Mahal Palace Hotel opens as the first luxury hotel in India.[2][3] It becomes also the first Taj Hotel, which would develop as a chain of luxury hotels.
1904 Leadership Jamsetji passes away in Germany. His older son, Dorabji Tata, takes over as chairman of the Tata Group.[2][3][5]
1907 August 26 Subsidiary Fulfilling the dream of Jamshedji, Dorabji Tata establishes the Tata Iron and Steel company (TISCO) (later known as Tata Steel) in Sakchi, and builds a hospital for the village.[2][3][5][1]
1909 May The Indian Institute of Science is established through the vision of Jamsetji Tata, 5 years after his death. [3][6]
1910 Tata Group diversifies into electricity[2], establishing Western India's first hydropower plant. Tata Power is established.[3][5]
1911 Education The first batch of students is admitted to the Indian Institute of Science.[3][2]
1912 Research Sir Ratan Tata funds research into the causes of widespread poverty in India at the University of London.[3]
1917 Tata Group diversifies into consumer goods with the opening of Tata Oil Mills Co (TOMCO), known for popular soap brands, Hamam and Moti. It is sold to Hindustan Lever in 1984."[3][2]
1917 Tata Sons is registered as a private limited company.[1]
1919 Notable death Sir Ratan Tata dies, and the first of the Tata Trusts, the Sir Ratanji Tata Trust & Allied Trusts, is set up in accordance with his will.[3]
1919 Subsidiary Tata Power is founded by Dorabji Tata.[7]
1920 Sport India sends its first Olympic team to the games in Antwerp, largely due to Dorabji Tata efforts. In 1924, he finances the Indian team headed to the Paris games."[3]
1922 Subsidiary Tata Coffee is founded.[8]
1929 24-year-old Jehangir Ratanji Dadabhoy Tata receives the first pilot licence in India.[3]
1932 J. R. D. Tata pilots the first flight of the subcontinent from Karachi to Mumbai. Tata Airlines (later, Air India) is founded.[3][2]
1932 June Leadership Dorabji Tata dies on June 3. Nowroji Saklatwala (son of Bapuji Saklatwala and Virbaiji Tata) becomes the third chairman of the Tata Group.[2]
1936 Education The Sir Dorabji Tata Graduate School of Social Work (later known as Tata Institute of Social Sciences) is established.[3]
1938 Sir Nowroji Saklatwala passes away in France. J. R. D. Tata assumes leading position in the group. At 34, he is the youngest Chairman in Tata Group's history.[3]
1939 As of date, Tata Iron and Steel Company operates the largest steel plant in the British Empire.[1]
1939 Subsidiary J. R. D. Tata establishes Tata Chemicals in Mithapur, Gujarat.[9][5][2][3]
1941 February 28 Health The Tata Memorial Hospital is founded in Pune. It pioneers cancer treatment in India, and offers access to cancer care for all.[3][10]
1944 The Sir Dorabji Tata Graduate School of Social Work is renamed as Tata Institute of Social Sciences.[11]
1945 Tata Group establishes the Tata Engineering and Locomotive Company (TELCO) to manufacture engineering and locomotive products. It would be later renamed Tata Motors.[2] "The group's rapid business expansion continues with the establishment of Tata Engineering and Locomotive Company. By 2003, it is rechristened Tata Motors."[3][5]
1945 June 1 Education The Tata Institute of Fundamental Research is founded.[12]
1946 Naval Tata is named President of the Indian Hockey Association. Under his leadership, India would achieve Olympic medals, with golds in 1948, 1952 & 1956.[3]
1952 Tata Group expands into cosmetics, and launches India's first cosmetics brand, Lakme. It is sold to Hindustan Unilever, along with TOMCO, in 1984."[3][2]
1952 The Indian Cancer Research Centre is established as a pioneer research institute for basic research. It would later be called the Cancer Research Institute (CRI).[10]
1953 Tata Airlines is nationalized and becomes Air India when the Indian Government passes the Air Corporations Act and purchases a majority stake in the carrier from Tata Sons.[13][14][5]
1954 J. R. D. Tata (J.R.D.) took over the position. His continued expansion of the company into new sectors—such as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)"[2]
1954 September 6 Subsidiary Voltas Limited is incorporated as a collaboration between Tata Sons and Volkart Brothers. It would be soon associated with multiple prestigious projects, making it a leading engineering solutions provider and airconditioning brand.[3]
1956 Tata Sons is termed as a deemed public holding company after the Companies Act 1956, with articles remaining unchanged.[1]
1957 Health The Ministry of Health takes over the Tata Memorial Hospital.[10]
1958 Subsidiary TRL Krosaki Refractories Limited is founded.[15]
1961 Subsidiary Tata Hitachi Construction Machinery is founded.[16]
1962 Tata Global Beverages Ltd is incorporated as Tata Finlay Ltd with technical and financial collaboration with James Finlay & Co. Ltd. from Glasgow, a leading Scottish trading company in the British Empire.[3][2][17]
1964 Education The Tata Institute of Social Sciences is declared Deemed university under Section 3 of the University Grants Commission Act (UGC), 1956.[11]
1964 Subsidiary Tata Global Beverages is set up through a joint venture with James Finlay and the Tata Group for manufacturing tea and coffee.[18][19]
1966 Education The Tata Management Training Centre is founded by J. R. D. Tata.[20]
1968 " Jehangir Ratanji Dadabhoy Tata (J.R.D.) took over the position. His continued expansion of the company into new sectors—such as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)"[2]
1968 Subsidiary Tata Consultancy Services is established as India's first software services company. It would grow to a global enterprise with a presence in 46 countries.[3][5]
1969 Education The National Centre for the Performing Arts is founded by J. R. D. Tata and Dr. Jamshed Bhabha, who envisioned a world-class performing arts centre to preserve India's heritage.[3]
1971 A first unsuccessful attempt to nationalize Tata Steel is made.[1]
1974 Education The Tata Energy Research Institute is founded in New Delhi. It specializes in the fields of energy, environment and sustainable development. It would be renamed Energy and Resources Institute in 2003.
1976 Tata Finlay takes over the production and marketing operations of James Finlay. In the year 1983 James Finlay sold their shareholding in the company and Tata Tea was born.
1979 A second unsuccessful attempt to nationalize Tata Steel is made.[1]
1979 Subsidiary Tata Projects Limited is established as an engineering, procurement and construction (EPC) company in the engineering sector of the Tata Group.[21]
1982 "The Taj Group accelerates its international expansion with the acquisition of St. James Court in London, UK, two years after the company's first international hotel in Yemen."[3]
1983 "Tata Chemicals changes the way India consumes salt. Tata Salt is the country's first iodised branded salt — the 'desh ka namak' to build a strong, healthy nation."[3] "Tata Salt was launched in 1983 by Tata Chemicals as India's first packaged iodised salt brand"
1984 "The group clocks another win as Titan Industries, a JV with the Tamil Nadu Industrial Development Corporation (TIDCO), makes a splash in a watch-starved market."[3][5]
1984 Subsidiary Titan Company is incorporated.[22][23]
1984 Subsidiary Tata Housing Development Company is established.[24]
1984 Tata Group cosmetics brand Lakme is sold to Hindustan Unilever, along with Tata Oil Mills Co (TOMCO).[3][2]
1989 Tata Technologies Limited is founded.[25]
1989 Subsidiary Tata Power Solar is founded as a joint venture between Tata Power and British Petroleum Solar (BP Solar). It is one of the largest manufacturers of solar modules in India.[26]
1989 Subsidiary Tata Elxsi is incorporated. It is the product design arm of Tata Group, and focuses on delivering outsourced product design and R&D services and solutions to customers worldwide.[27][28]
1990 "Tata Steel started expansion plan and established its subsidiary Tata Inc. in New York."[1]
1991 Leadership J.R.D. Tata’s nephew Ratan Tata assumes as new chairman of the Tata Group. Upon assumption, Ratan would aggressively seek to expand the group, increasingly focussing on globalizing its businesses.[2][5]
1991 "After its success with commercial vehicles, TELCO (now Tata Motors) cruises into the passenger vehicle space with Tata Sierra, followed by Tata Estate in 1992."[3]
1991 "Tata Central Archives (TCA) was launched by JRD Tata in Bombay (now Mumbai) in January of 1991; it became a division of Tata Services in 1997. In 2001, the archives moved to Pune. Housed in the lush green precincts of Tata Management Training Centre, TCA was formally inaugurated by Ratan Tata, Chairman, Tata Sons, on February 13, 2001."[29]
1992 "With an eye on an evolving market, Titan launches Raga to tap into the women's watch segment. Fastrack (launched 1998) becomes an iconic youth brand."[3]
1993 November 28 Leadership J.R.D. Tata dies in Geneva.[5]
1993 Subsidiary Tata Petrodyne Limited is incorporated and originally promoted by Tata Industries Ltd with the objective of leading the group's incursion into the upstream sector of the oil and gas industry.[30]
1993 November 11 Subsidiary TajAir is established as Megapode Airlines. It is an air charter company owned by the Tata Group.[31]
1994 "Titan revolutionises the Indian jewellery market with the launch of Tanishq. The retail brand brings transparency and reliability to an unorganised sector."[3]
1994 Subsidiary Tata-TIDCO joint venture Titan Company launches Tanishq, a jewellery brand which would grow to over 274 stores in more than 160 Indian cities.[32]
1996 Subsidiary Tata Teleservices is founded.[33]
1997 Tata Central Archives (TCA) becomes a division of Tata Services.[29]
1998 TELCO launches Tata Indica, India's first indigenously designed and manufactured car, and Tata Safari, India's first SUV.[3][5]
1998 Trent retail.[34]
2000 "Tata Tea (now Tata Global Beverages) acquires the iconic, then 160-year-old, British Tetley group. Today, it is the second largest tea brand, globally."[3] It is the first major acquisition of an international brand by an Indian business group.[5]
2000 February Acquisition Tata Group acquires British firm Tetley Tea for US$407 million[35][2]
2001 ""Tata Central Archives (TCA) was launched by JRD Tata in Bombay (now Mumbai) in January of 1991; it became a division of Tata Services in 1997. In 2001, the archives moved to Pune. Housed in the lush green precincts of Tata Management Training Centre, TCA was formally inaugurated by Ratan Tata, Chairman, Tata Sons, on February 13, 2001."[29]
2001 Partnership Tata Group partners with American International Group to create the insurance company Tata AIG.[2][3]
2001 January Subsidiary TATA AIG starts operations.[36]
2002 Tata Group acquires a controlling stake in Videsh Sanchar Nigam Limited (VSNL), establishing Tata Communications.[3]
2002 Acquisition Daewoo Commercial Vehicle is acquired by Tata Motors.[37]
2003 Renaming Tata Engineering and Locomotive Company (TELCO) is renamed Tata Motors.[2]
2003 "TCS is the first Indian software company to cross one billion dollars in revenues. It goes public in 2004 in the largest IPO in India, raising nearly $1.2bn."[3]
2003 Subsidiary Tata Power Trading Company Limited is incorporated. It is a wholly owned subsidiary of The Tata Power Company Limited.[38]
2004 February Acquisition Tata Motors acquires the commercial vehicle unit of South Korea’s Daewoo Group for US$102 million.[39]
2004 May Acquisition Tata Consultancy Services acquires Phoenix Global Solutions, a unit of The Phoenix Companies, to improve its expertise in the insurance sector.[39]
2004 "In 2000 the group acquired London-based Tetley Tea, and in 2004 it purchased the truck-manufacturing operations of South Korea’s Daewoo Motors. "[2]
2004 "Tata Motors acquires the heavy vehicles unit of Daewoo Motors, and in the same year, is listed on the New York Stock Exchange."[3]
2004 August Acquisition "August 2004 – NatSteel's Steel business, $292 million" "Aug 2004 - Tata Iron and Steel Co Ltd makes a huge step overseas with a $286 million purchase of most of Singapore’s lone steel miller, NatSteel Ltd."[39]
2004 "TCS goes public; raises nearly $1.2 billion"[5]
2004 ""Tata Motors buys heavy vehicles units of Daewoo Motors, South Korea"[5]
2004 Subsidiary Tata Business Support Services is founded.[40]
2004 November Acquisition Tata Communications acquires Tyco Global Network for US$130 million.[41]
2004 Tata Motors establishes some franchise/joint venture assemblies in Kenya, Bangladesh, Ukraine, Russia, And Senegal.[42]
2005 February Acquisition Tata Steel completes acquisition of Singapore-based NatSteel.[43][44][45]
2005 February Acquisition Tata Motors acquires control of Spanish bus and coach manufacturer Hispano Carrocera, after purchasing a 21% stake in the company. By 2009, full acquisition would be completed by acquiring the remaining 79%.[46] "Feb 2005 - The board of Tata Motors Ltd. approves the purchase of 21 percent of Spanish bus maker Hispano Carrocera S.A. in a deal worth 12 million euros ($16 million) with an option to acquire a 100 percent holding later."[39]
2005 July Acquisition "July 2005 – Teleglobe International Holdings, $239 million" "July 2005 - India’s telecom firm Videsh Sanchar Nigam Ltd. (VSNL), in which the Tata group holds more than 45 percent stake, says it would acquire Teleglobe International Holdings Ltd, a U.S. telecoms network services company for $239 million. VSNL completes the acquisition in February 2006."[39]
2005 July Acquisition "July 2005 - VSNL completes the $130 million purchase of Tyco International’s global undersea fibre optic cable network unit."[39]
2005 TISCO changes its name to Tata Steel.[1]
2005 Subsidiary Tata AutoComp Systems Limited (TACO) is founded. Based in Pune, Maharashtra, It is a provider of telematics solutions and Mobile Resource Management (MRM) services in India.[47]
2005 Subsidiary The Tata Motors European Technical Centre PLC (TMETC) is founded as a UK-based center for automotive design and engineering. Based in Coventry, England, it is a wholly-owned subsidiary of Tata Motors Ltd. TMETC provides research and development principally for Tata Motors but also for selected partners in the automotive industry.[48]
2005 October Acquisition "October 2005 – Good Earth Corporation" "Oct 2005 - Tata Tea says it it has signed an agreement to acquire U.S. specialty tea brand Good Earth for an undisclosed sum."[39]
2005 October Acquisition "Oct 2005 - Tata Consultancy Services says it has acquired Sydney-based Financial Network Services (FNS) for $26 million."[39]
2005 December Acquisition "December 2005 – Millennium Steel, Thailand, $165 million"[49]
2005 December Acquisition December 2005 – Brunner Mond Chemicals, $10 million "Dec 2005 - Tata Chemicals Ltd. says it has agreed to buy 63.5 percent stake in UK-based soda ash maker Brunner Mond from Wayland Investments Ltd. and Barclays Bank for $113 million."[39]
2006 "The group responds to the transforming satellite entertainment space by launching DTH (Direct-to-Home) provider, Tata Sky."[3]
2006 May Acquisition "May 2006 - Tata Tea (GB), a subsidiary of Tata Tea Ltd, signs an agreement to acquire the assets of Jemca, the largest tea company in the Czech Republic from food processing company, Alima Znackova Potravina, for an undisclosed amount. Aug 2006 - Tata Tea announces its plans to buy 30 percent of Energy Brands Inc., maker of fast-growing brand Glaceau vitamin water, for $677 million."[39]
2006 June Acquisition Tata Tea acquires Eight O'Clock Coffee for US$220 million.[50] "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."[39]
2006 August 10 Tata Sky is founded.[51]
2006 October 9 Subsidiary Cromā.[52]
2006 October Acquisition "Oct 2006 - Tata Tea acquires a 33 percent stake in Joekels Tea Packers of South Africa for $60 million."[39]
2006 November Acquisition Taj Hotels acquires the Ritz Carlton Boston, for US$170 million.[53]
2007 January Acquisition Tata Steel acquires Corus Group for US$12 billion.[50] "Jan 2007 - Tata Steel wins a bid battle for Anglo-Dutch steelmaker Corus Group by agreeing to pay 6.2 billion pounds."[39]
2007 March Acquisition March 2007 – PT Kaltim Prima Coal (KPC) (Bumi Resources), $1.1 billion
2007 April Acquisition April 2007 – Campton Place Hotel, San Francisco, $60 million. "Taj Hotels Agrees to Acquire the Campton Place, San Francisco for $58 Million, Continuing Its U.S. and Worldwide Expansion"[54]
2007 "The biggest acquisition by Tata was made on 31 January 2007, it won their bid from CSN for Corus after offering 608 pence per share, valuing Corus at £6.7 billion ($12 billion)."[1]
2007 "In 2007 Tata Steel completed the biggest corporate takeover by an Indian company when it acquired the giant Anglo-Dutch steel manufacturer Corus Group. The following year the company made headlines worldwide when it ventured into the automotive industry."[2] "Tata Steel acquires Corus (now, Tata Steel Europe). It is Europe's second largest steel producer serving construction, automotive, packaging & engineering industries."[3] "and becomes the fifth largest steel producer"[5]
2007 September Tata Capital is established.[55]
2007 Subsidiary Tata Advanced Systems is founded.[56]
2008 January Acquisition Imacid Chemical Company, Morocco[
2008 February Acquisition Tata Chemical acquires acquires General Chemical Industrial Products, a U.S.-based soda ash firm, for US$1 billion.[57]
2008 February Videsh Sanchar Nigam Limited (VSNL), which is credited to have brought internet into India[58], is completely acquired by the Tata Group and renamed as Tata Communications.
2008 January 10 Tata Motors officially launched the Tata Nano, a tiny, rear-engine, pod-shaped vehicle that eventually sells at a base price (excluding options, tax, and transportation fees) equivalent to US$1,500 to US$3,000.[2]
2008 Tata Motors and Brazilian bus maker Marcopolo S.A. found Tata Marcopolo, giving Tata Motors access to the Brazilian marketplace.[42]
2008 March Acquisition Tata Motors acquires Jaguar Cars and Land Rover from the Ford Motor Company for $2.3 billion.[2][5][3][59]
2008 April Acquisition Telco Construction Equipment Company Limited]] (TELCON), a joint venture between Tata Motors and Japanese Hitachi Construction Machinery, acquires Comoplesa Lebrero SA, from Spain.
2008 May Acquisition Tata Group acquires one-third stake of Italian Piaggio Aerospace.[60]
2008 June Acquisition Tata Communications acquires 50% of China Enterprise Communications.[61]
2008 October Acquisition TATA Motors acquires 50.3% majority stake in Norway's Miljo Grenland Innovasjon.[62][63]
2008 November Acquisition NTT Docomo acquires 26.5% stake in Tata Teleservices and offers services under the Tata Docomo brand.[64]
2009 The first Tata Nano circulates the streets in India.[2]
2009 Mid-year "In mid-2009, finishing right around a year and half of transactions, DOCOMO put $2.7 billion in wireless business, Teleservices (TTSL) on the understanding that if certain targets weren’t met in the next five years, the Tata would either discover a purchaser for the Japanese organization’s 26.5% stake at equitable esteem, or pay 50% portion of the first venture, whichever was higher. Those targets were:number of supporters and towers, money related breakthroughs like, EBITDA, and, Benefits" "It came as a shock to both the companies when Tata fared badly in the next five years and could not even earn half of the profits expected. By then, RBI had framed new rules that banned the exit by a foreign equity investor at an assured price. But this time the RBI also wanted to make an exception as it was the question of honoring a contract by an Indian company"[1]
2010 April Acquisition Tata Group acquires Hewitt Robins International, a British manufacturer of bulk material handling vibratory equipments including screens and crushers.[65]
2010 Tata Tea announces joint venture with PepsiCo for health drinks.[19]
2011 May 16 Ratan Tata innaugurates in Kolkata the Tata Medical Center, a comprehensive cancer care and treatment facility designed especially to serve the poor in the region.[66][3]
2011 Recognition Tata is recognized as one of the 50 global brands.[5]
2012 January 30 Tata Global Beverages and Starbucks announce the creation of a 50:50 joint venture called Tata Starbucks Limited, which would own and operate Starbucks outlets branded as Starbucks Coffee "A Tata Alliance" in India. The stores, started operating in the same year, launch initially in Delhi and Mumbai.[67][19]
2012 Leadership Ratan Tata retires. Cyrus Mistry assumes position of chairman of Tata Group.[2][5]
2012 October 19 Tata Starbucks Limited launches as a 50/50 joint venture between Starbucks Coffee Company and Tata Global Beverages Limited; and opens the first Starbucks store in India.[68][3]
2013 July Acquisition Tata Consultancy Services acquires French enterprise solutions provider Alti SA.[69]
2014 "Bombay House, is the first heritage building in India to receive a gold rating by Indian Green Building Council. Two years later, it receives a platinum rating."[3]
2014 June 12 Joint venture Bengaluru-headquartered airline AirAsia India starts operations as a joint venture between Tata and Malaysia's AirAsia Berhad.[70]
2014 "When DOCOMO submitted an exit proposal in 2014 to end its collaboration with Tata TeleService, subsidiary of Tata Sons and hence started a legal battle between the two companies. Telecom went to arbitration in the UK where it got the award in its favor. On June 24, DOCOMO won the ruling that ordered Tata Sons to pay it $1.3 billion to buy its stake in the mobile phone joint venture, Tata Teleservices."[1]
2014 April NTT Docomo decides to exit the Tata Docomo venture but the Tatas oppose initially which leads to a legal tussle between the two groups.[64]
2014 December Acquisition Tata Power acquires Indian company Energy Products Limited.[71]
2015 January 9 Joint venture Vistara is founded as a joint venture between Tata Sons and Singapore Airlines.[72]
2015 "The group follows up that development with Vistara, Tata Sons' JV with Singapore Airlines. It celebrates flying 1 million customers that same year."[3]
2016 May 26 Subsidiary Tata Group owned e-commerce marketplace Tata Cliq launches.[73]
2016 June Acquisition Tata Power}} acquires Indian power company Welspun Renewables Energy.[74]
2016 October " Mistry was abruptly dismissed as chairman in October 2016—reportedly over disagreements with members of the Tata family regarding business strategy—and Ratan returned to the position on an interim basis."[2] ""Tata Sons board removes Mistry; Ratan Tata comes back""[5] "Natarjan Chandrasekaran becomes chairman"[5]
2017 January " Ratan’s second stint as chairman ended in January 2017 when Natarajan Chandrasekaran was appointed to the position."[2]
2017 "N. Chandrasekaran, CEO and MD of TCS since 2009, is appointed Chairman of Tata Sons by the Board of Directors."[3]
2017 June 12 Jamshedpur FC is founded. It is owned by Tata Steel.[75]
2017 Tata Chemicals is ranked 1st in 2017 Responsible Business Rankings developed by {{w|IIM Udaipur}.[76]
2018 "Tata Steel and Thyssenkrupp sign a landmark JV to create a new, strong pan-European steel champion that is structurally robust and competitive."[3]
2018 May Acquisition Tata acquires Bhushan Steel Limited and renames it Tata Steel BSL.[77]
2018 Tata Consultancy Services becomes the first Indian Information technology to reach US$100 billion market capitalization.[5]

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  39. 39.00 39.01 39.02 39.03 39.04 39.05 39.06 39.07 39.08 39.09 39.10 39.11 39.12 Cite error: Invalid <ref> tag; no text was provided for refs named Tata_group.27s_major_takeovers_abroad
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