Salt-to-software conglomerate Tatas have become the country’s first business house to attain USD 100 billion revenue, even as the group’s profit slipped to near USD five billion in the last fiscal year. The total revenue of the Tata group, which has over 100 companies including 31 listed entities, rose by about 20 per cent in…
Tag: tata group
Major acquisitions by Tata Group
February 2000 – Tata Tea Ltd acquires UK’s Tetley for $432 million, becoming the world’s No. 2 packaged tea company. August 2004 – Tata Motors signs a deal to buy the commercial vehicle unit of South Korea’s Daewoo Group for $102 million. June 2005 – Tata Steel Ltd buys Singapore’s lone steel miller, NatSteel Ltd,…