16.6 C
Nairobi
Monday, December 23, 2024

By How Much Will Fury and Usyk’s Net Worths Grow After Rematch Fight?

Tyson Fury and Oleksandr Usyk are set to face each other in a highly anticipated rematch this Saturday, December 21, in Saudi Arabia. Their first...
HomebusinessRatan Tata: IT Firm Running KRA and Other Companies Linked to the...

Ratan Tata: IT Firm Running KRA and Other Companies Linked to the Indian Billionaire

JOIN WOK ON TELEGRAM

Ratan Tata, the revered industrialist and former chairman of Tata Sons, has left an indelible mark on the Indian business landscape.

Under his leadership, the Tata Group expanded its global footprint and diversified into various sectors, including steel, automobiles, IT, and consumer goods.

Beyond his corporate achievements, Tata is known for his visionary approach to business and philanthropy, championing sustainable practices and social responsibility.

In this article, WoK explores the diverse array of companies linked to Ratan, highlighting his influential role as an angel investor in the startup ecosystem.

1. Tata Chemicals

Tata Chemicals Limited is a multinational corporation part of the Tata Group, specializing in chemicals, crop protection, and specialty products.

Headquartered in Mumbai, it operates globally with significant facilities in India, the UK, the US, and Kenya.

The company is a major player in soda ash and sodium bicarbonate production, holding the third-largest capacity worldwide.

Tata Chemicals also focuses on sustainable practices, including a carbon capture plant in the UK and innovations in lithium-ion battery technology.

2. Tata Motors

Tata Motors Limited, headquartered in Mumbai, is a leading multinational automotive company and part of the Tata Group.

Founded in 1945, it manufactures a diverse range of vehicles, including cars, trucks, and buses.

The company owns subsidiaries like Jaguar Land Rover and Tata Daewoo and has joint ventures with firms such as Stellantis.

With manufacturing plants in India and abroad, Tata Motors is a key player in the global automotive market, focusing on innovation and sustainability in mobility solutions.

3. Tata Steel

Tata Steel Limited, founded in 1907, is a leading multinational steel manufacturer headquartered in Mumbai.

It operates primarily from Jamshedpur, Jharkhand, and is one of the largest steel producers globally, with an annual capacity of 35 million tonnes.

The company has a significant presence in 26 countries, employing approximately 80,500 people and serving diverse sectors such as automotive and construction.

Tata Steel is recognized for its commitment to sustainability and innovation, including advanced technologies for low-emission steel production.

4. Tata Investment Corp

Tata Investment Corporation Limited (TICL) is a non-banking financial company established in 1937, primarily focused on long-term investments in various sectors, including banking, chemicals, and infrastructure.

It was originally named the Investment Corporation of India and became publicly listed in 1959.

TICL is a subsidiary of Tata Sons, which holds approximately 68.5% of its shares.

In 2024, it emerged as the top-performing stock among Nifty 500 companies, rising 116% due to its diverse investment portfolio and strong performance of Tata Group companies.

5. Tata Power

Tata Power Company Limited, based in Mumbai, is India’s largest integrated power utility and part of the Tata Group.

With an installed capacity of 14,707 MW, it generates 5,847 MW from renewable sources, aiming for carbon neutrality by 2045.

Established in 1910, Tata Power operates in various segments including generation, transmission, and distribution across India and internationally.

It has made significant investments in renewable energy and electric vehicle infrastructure, including a partnership with Indian Oil Corporation to establish over 500 EV charging points nationwide.

6. Tata Consultancy Services

Tata Consultancy Services (TCS) is a leading Indian multinational in IT services, consulting, and business solutions, headquartered in Mumbai.

A part of the Tata Group, TCS operates in 54 countries and employs over 601,000 professionals.

In fiscal year 2024, it reported revenues of $29.1 billion.

TCS is recognized for its innovative delivery model and has been ranked highly for customer satisfaction in Europe.

Recent partnerships include collaborations with ASDA and TPG Telecom to enhance digital transformation initiatives across various sectors.

7. Tata Consumer Products

Tata Consumer Products Limited, part of the Tata Group, is a leading fast-moving consumer goods company based in India, specializing in food and beverages.

It is the world’s second-largest tea manufacturer, with brands like Tata Tea and Tetley.

The company also offers coffee, water, and various packaged foods, reaching over 201 million households in India.

Recent acquisitions include Organic India and Capital Foods, enhancing its portfolio in health-focused products.

In FY24, Tata Consumer reported a turnover of ₹15,206 crore, with significant growth in both tea and coffee segments.

8. Tata Communications

Tata Communications Limited, formerly Videsh Sanchar Nigam Limited (VSNL), is an Indian telecommunications company acquired by the Tata Group in 2002.

Founded in 1986, it initially focused on international voice services but has since diversified into data, cloud, and IoT solutions.

The company operates a global network with over 40 data centers and handles significant international traffic, connecting more than 70% of mobile carriers worldwide.

Tata Communications aims to enhance its offerings through continuous innovation and strategic investments in emerging markets.

9. Tata Housing

Tata Housing Development Company Limited, established in 1984, is a subsidiary of Tata Sons and a prominent player in India’s real estate sector.

It focuses on residential, commercial, and retail property development, emphasizing quality construction and sustainable practices.

The company has over 3.34 million sq. m. under development and aims to provide diverse housing options, from affordable to luxury segments.

Tata Housing is also committed to green building initiatives, with multiple projects certified by the Indian Green Building Council.

10. Titan Company

Titan Company Limited, part of the Tata Group, is an Indian manufacturer of fashion accessories, including jewelry, watches, and eyewear.

Established in 1984 as Titan Watches Limited, it later diversified into jewelry with Tanishq and eyewear with Titan Eyeplus.

Titan is the largest branded jewelry maker in India, contributing over 80% of its revenue from this segment.

The company also launched youth-oriented brand Fastrack and entered the wearable tech market with smart watches and fitness trackers.