Financial
Express December 11, 2001
Tata
Infomedia, Tata Honeywell and the recently acquired CMC Ltd, are the
three new Tata Group companies which are on the way to sign the Tata
Brand Equity Business Promotion scheme. While Tata Infomedia and Tata
Honeywell are originally Tata Group companies, CMC comes under the
umbrella after it was acquired by Tata Sons, as part of the Government’s
disinvestment programme.
According to officials,
while talks are over, the boards of CMC and Tata
Sons are yet to sign the agreement in a meeting
to be held towards the end of December. Once the
agreement is signed, the board has to appoint
a corporate quality head within the company and
a quality council has to be structured to initiate
the process. The same procedure holds good for
the other two companies as well.