June 23, 2017 5:04 PM ET

Industrial Conglomerates

Company Overview of Tata Sons Limited

Company Overview

Tata Sons Limited engages in automotive, steel, consultancy, power, communication, chemical, trading and distribution, beverage, air conditioning and engineering service, hotel, auto component, development, infrastructure, financial service, insurance, retail, digital infrastructure, teleservices, and retail store businesses. It manufactures cars and utility vehicles, and watches and jewelry, as well as parts for automotive and aerospace sectors; and produces steel, soda ash, crop nutrients, crop protection products, iodized salt, fertilizers, specialty chemicals, tea, coffee, and water. The company also provides IT services, consulting, and business solutions; Internet routers and wholesale...

Bombay House

24, Homi Mody Street

Mumbai,  400 001

India

Founded in 1868

Phone:

91 22 6665 8282

Fax:

91 22 5665 8160

Key Executives for Tata Sons Limited

Executive Chairman
Age: 53
Chief Operating Officer, Senior Vice President of Finance and Company Secretary
Age: 61
Head of Marketing & Customer Centricity and Head of Tata Brand
Age: 54
Chief Ethics Officer
Age: 48
Chief of Tata Sustainability Group
Compensation as of Fiscal Year 2016.

Tata Sons Limited Key Developments

Government To Take Action On Privatizing Air India In Six Months

The government is expected to take some action on privatizing state-owned airline Air India Limited in next six months, a top government policy advisor told television channel CNBC-TV18. The comment from Arvind Panagariya, deputy head of policy think-tank Niti Aayog, comes amid reports that Tata Sons Limited is has shown an interest in buying a majority stake in the loss-making national carrier. "Something should be happening this year,” Arvind Panagariya said in response to a question on the timeline for the national carrier's privatization.

Tata Group Interested In Buying Majority Stake In Air India

Tata Sons Limited is reportedly looking to buy 51% stake in Air India Limited. Tata Sons Chief Executive Officer, N Chandrasekaran is directly in touch with top political leadership of government on buying controlling stake in Air India, Economic Times reported. Tata Sons may bring Singapore Airlines Limited (SGX:C6L) on board to buy 49% in Air India if the airline is fully privatized but it has expressed concerns over the national carrier's debt situation.

Tata Sons To Buy Tata Steel Stake In Tata Motors

Tata Sons Limited plans to buy out Tata Steel Limited’s (BSE:500470) stake in Tata Motors Limited (BSE:500570) on or after June 23, 2017, it said in a regulatory filing on June 17, 2017. Tata Sons will buy about 83.6 million shares in Tata Motors at or around the prevailing price of the stock on the date of the planned acquisition, it said in the filing. It cited "restructuring of investment portfolio" as the reason for the planned deal.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 18, 2017
Tata Teleservices Limited
Private Placement
December 2, 2016
Tata Teleservices Limited
Private Placement
September 15, 2016
Tata SIA Airlines Limited
 

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