| Advinus |
| August 2006 |
|
|
Commissioned its new
drug discovery facility located at the Biotech Park,
Pune. The centre will undertake formulation of new drugs
and generating intellectual property in the areas of metabolic
diseases and inflammation. |
| Indian
Hotels |
| April 2006 |
|
|
Extended its presence
in Gujarat by entering into a management contract for
the former 132-key
Hotel Holiday Inn in Surat. |
| Metaljunction |
| May 2006 |
|
|
Entered into a strategic
alliance with NCDEX
(National Commodity & Derivatives Exchange) to jointly
develop spot and futures market in coal, iron and steel,
non-ferrous metals and petroleum products. |
| Tanishq |
| June 2006 |
|
|
Announced plans to
establish its jewellery brand in the US by setting up
two stand-alone Tanishq
flagship stores. The products are expected to be designed
and crafted at the brand's manufacturing unit in India
and then shipped off-shore. |
| Tata
Agrico |
| May 2006 |
|
|
Entered into a distribution
alliance with
ITC International to market agricultural implements
in the rural areas of India through e-Choupals
and the Choupal Sagar network (a rural hypermarket
that provides multiple services under one roof). The collaboration
will make genuine Tata Agrico implements accessible to
rural consumers at the right price and will help increase
productivity. |
| Tata
AIG Life Insurance |
| August 2006 |
|
|
Forayed into micro-insurance
with three products and opened five micro insurance sales
offices (MISO) in Andhra Pradesh, Uttar Pradesh, Rajasthan
and Kerala. |
| Tata
BP Solar |
| February 2006 |
|
|
Bagged an order worth
Rs 20 million, in Feb 2006, to supply four sets of solar
power systems for telemetry, gas detection and navigational
aids to Larsen & Toubro for installation at ONGC
offshore platforms in Bombay High. Haryana Renewable
Energy Development Agency also placed an order, worth
Rs 16 million, for seven 5-kwp solar power plants for
rural electrification. |
| Tata
Coffee |
| June
2006 |
|
|
Signed
an agreement to acquire Eight
O' Clock Coffee Company (EOC), USA, from Gryphon Investors
for a total acquisition price of US $220 million (Rs 1,015
crore). |
| Tata
Consultancy Services (TCS) |
| December 2006 |
|
|
The company also completed
a £1.75 million project to streamline Balfour
Beatty Utilities' (BBUL) business processes. BBUL
had contracted TCS in November 2004 to integrate its systems
and simplify its business processes. |
| November 2006 |
|
|
TCS set up an innovation
lab for travel and hospitality solutions at Karapakkam
on Old Mahabalipuram Road, Chennai. |
| September 2006 |
|
|
The company re-entered
the elite
league of companies that have a market capitalisation
of over Rs 1 lakh crore — the four other Indian companies
are ONGC, Reliance industries, NTPC and Infosys. |
| August 2006 |
|
|
The scientific team
at the Advanced Technology Centre of TCS Health in Hyderabad
has developed a novel
gene-based technology for the treatment of Asia's
most dreaded disease — malaria. |
|
|
The company Is developing
the world's first anti-piracy
system for Internet Service Providers. The system
will detect downloading of illegal programmes by individual
users, and then alert programme developers to it. |
| July 2006 |
|
|
Won a $33-million
deal from Saudi Telecom Company for implementing end-to-end
billing and customer care systems for its wireless service. |
| May 2006 |
|
|
Joined the 'SAP
Global Partner-Services' programme. The two companies
will invest in joint marketing and strategic planning. |
| April 2006 |
|
|
Launched the largest
e-governance
initiative, MCA-21, in Mumbai in collaboration with
the ministry of company affairs. The project will provide
easy access to electronic or e-filing of annual corporate
returns with the registrars of companies and the ministry
of company affairs. |
|
|
Enabled about 350
women to become functionally literate under its computer-based
adult literacy initiative, in collaboration with the WDB
Trust (Women Development Bank) of South Africa. |
| January 2006 |
|
|
China's Hua Xia Bank
selected TCS' core banking solution of financial network
services,
BANCS, in January 2006 to facilitate its technology-powered
business transformation. |
|
|
The company entered
into a
five-year research and development collaboration with
Stanford University , one of the leading academic institutions
in the US, for research in the critical area of data privacy
, in January 2006. |
| Tata
Elxsi |
| November 2006 |
|
|
Tata Elxsi laid the foundation
stone for a 3-acre campus in Kerala in a dedicated area
within the
Technopark zone. |
| August 2006 |
 |
Visual
Computing Labs, a division of Tata Elxsi, showcased
its excellence in visual effects with its work in the
Hindi movie, Kabhi Alvida Na Kehna. |
| June 2006 |
|
|
Jointly created a
demonstration system with Texas Instruments targeting
the mobile WiMAX market. This new design allows customers
to incorporate the complete
WiMax solution into their products. It also allows
existing original equipment manufacturers an easy option
to migrate to mobility solutions for WiMAX. |
|
|
Marketed the Turbo
iDDR (intelligent digital disk recorder), a one-stop
solution that is guaranteed to end all editing woes. Designed
specially for events, corporate and institutional production,
the iDDR leverages digital storage, networking and clip-creation
capabilities of the Thomson Grass Valley line of video
servers. |
| Tata
Institue of Social Sciences (TISS) |
| May 2006 |
|
|
The Jamsetji Tata
Centre for Disaster Management of the Tata Institute of
Social Sciences will help develop advance-warning
systems to deal with natural disasters appropriately
and institutionalise a process to capture the learnings
of previous experiences. |
| Tata
Motors |
| September 2006 |
|
|
Tata Motors disclosed
its plans
to invest Rs 10,000-12,000 crore in India over the
next 3-4 years. The investment will go toward increasing
manufacturing capacities and launching new products. |
| July 2006 |
|
|
Developed South Korea's
first
liquefied natural gas-powered heavy tractor-trailer,
an environment-friendly commercial vehicle. Tata Daewoo
Commercial Vehicles undertook the design and manufacture
of the tractor under an arrangement sponsored by the Korea
Gas Corporation. |
| May 2006 |
|
|
Entered into a contract
to supply bus
chassis to Brazilian bus manufacturer Marcopolo for
its South America operations. The joint venture will be
set up with an investment of Rs 150-200 crore and will
roll out 7,000 buses during the first year of its operations,
which will be scaled up in a modular manner. |
|
|
Announced the setting
up of the first
plant in West Bengal for the small car. The plant,
spread over an area of 700 acres, will come up at the
Singur block of Chandannagar sub-division in the Hooghly
district. |
| Tata
Mutual Fund |
| July 2006 |
|
|
Announced the launch
of Tata
Capital Builder Fund, a closed-ended fund with a weekly
exit option. The fund aims to generate capital appreciation
over a period of three years. |
| Tata
Power |
| July 2006 |
|
|
Signed a development
agreement with Siemens Project Ventures GmbH to jointly
participate in the
tariff-based bidding process for the Sasan (Madhya
Pradesh) and Mundra (Gujarat) projects under the power
ministry's UMPP initiative. |
| May 2006 |
|
|
Earmarked Rs 18,000
crore to double its generation capacity to more than 4,500
mw. The company expects to start supplying power in Jharkhand
through the Maithon Power Company, a joint venture with
the Damodar
Valley Corporation. |
| Tata
Sons |
| November 2006 |
|
|
Tata Group became
the only Indian entity in top 20 in the list of world's
600 largest companies, released by Forbes, in terms of
corporate
reputation. Eight other Indian business houses made
into Forbes list of world's most reputed companies. Tata
Group was ranked at the twentieth position. |
| Tata
Steel |
| December 2006 |
|
|
Tata
Steel and Corus boards agreed to the terms of an increased
recommended revised acquisition at a price of 500 pence
in cash per Corus share. |
| October 2006 |
|
|
Tata Steel board approved acquisition
of steel
major Corus at its meeting held on October 20, 2006.
It involved the entire issued share capital of Corus Group
at a price of 455 pence in cash for each share, valuing
Corus at GBP 4.3 billion. |
| August 2006 |
|
|
Announced an investment
of $120 million at Richards Bay in South Africa to set
up a ferro-chrome
project in association with Tata Group's holding company
in South Africa, Tata Africa, in a ratio of 90:10. Commercial
production of ferro-chrome will start in October-December
2007. |
| May 2006 |
|
|
Commissioned the first
automated
jigging plant for iron ore mines in the country at
the Noamundi iron mine in West Singhbhum district of Jharkhand. |
| April 2006 |
|
|
Completed acquisition
of a 67.11-per
cent stake in Millennium Steel Public Company of Thailand
for about $170 million. The stake was acquired through
a combination of preferential allotment of 24.99 per cent
and an open offer totalling 42.12 per cent. |
| Tata
Teleservices |
| July 2006 |
|
|
Entered into an agreement
with Motorola to jointly market the MOTORAZR
V3c handsets in India. The handset comes with two
tariff plans — the Max Plan and the Awesome Twosome
Plan. |
| June 2006 |
|
|
Announced its decision
to invest
close to Rs 4,000 crore in 2006-07 to extend its existing
network to about 4,000 new towns, most of them in the
C and D categories. States like Uttar Pradesh, Bihar,
Orissa and West Bengal circles are expected to benefit
the most from this. |
| Telcon |
| July 2006 |
|
|
Telco Construction
Equipment Company (Telcon), a 60:40 joint venture of Tata
Motors and Japan's Hitachi Construction Machinery Company,
announced an
investment of Rs 250 crore to set up a new manufacturing
plant at Kharagpur, West Bengal. |
| The
Tata Medical Centre |
| February 2006 |
|
|
The
Tata Medical Centre's foundation stone was unveiled
by West Bengal chief minister Buddhadeb Bhattacharya and
Tata Group Chairman Ratan Tata in February 2006. |
| Titan |
| October 2006 |
|
|
Titan Industries opened
its own office
in Hong Kong. The new office will ensure that the
finest in watches, watch components and designs are sourced
for Indian consumers, from countries as diverse as Japan,
Korea and China. |
| June 2006 |
|
|
Rani Mukherji signed
up as the
brand ambassador for Titan Raga, a watch brand designed
and crafted exclusively for women. |
| Trent |
| August 2006 |
|
|
Westside launched
its first retail
store in Jaipur. Spread across 18,000 sq ft, the store
has merchandise that complements every aspect of lifestyle. |
| April 2006 |
|
|
Landmark
acquired a new store in Mumbai's Infiniti Mall at Andheri.
This 18,000 sq ft-plus location is in addition to the
existing five stores of the company, which is planning
to expand its retail base to cities like Ahmedabad, Pune,
Gurgaon and Baroda. Landmark also operates a 45,000 sq
ft store in the Forum mall at Bangalore. |
| VSNL |
| December 2006 |
|
|
Neotel signed a R2
billion bridging debt facility with a funding consortium
of South African financial institutions. The facility
has been fully underwritten by the funding consortium
comprising Nedbank Capital, the investment banking business
of the Nedbank Group, Investec Bank, and the Development
Bank of Southern Africa. |
| September 2006 |
|
|
The Tata Group re-branded its
South African telecom venture SNO Telecommunications as
Neotel.
The wholesale telecom services of Neotel were also launched. |
| May 2006 |
|
|
Completed the acquisition
of Direct
Internet and its wholly owned subsidiary Primus Telecommunications
India (PTIL) for an enterprise valuation of $16.7 million
(Rs 75 crore). PTIL, a part of the US-based Primus Telecommunications
Group, is the largest private wireless broadband internet
access provider in India. |
